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Monday, February 14, 2011

Construction News Headlines for February 14, 2011


Obama to Unveil Plans for Infrastructure Bank
President Obama’s $3.7 trillion budget proposal for fiscal year 2012, which begins on October 1, proposes creating a National Infrastructure Bank for funding large-scale public works projects that use multiple modes of transportation and take several years to complete. According to a Friday blog by Treasury Secretary Timothy Geithner, the Infrastructure Bank would aim to leverage private-sector funds and ensure more construction

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