Tuesday, February 15, 2011
Construction News Headlines for February 15, 2011
Obama Budget Raises Transport Outlays 16%
President Barack Obama’s proposed federal budget depends on Congress passing a $556 billion, multiyear surface transportation funding plan that would nearly double the $286.5 billion enacted by Congress in 2005?s SAFETEA-LU. The president proposes a 16% increase in transportation funding for 2012, including a $50 billion spree in the first year of the six-year surface-transport plan to promote employment. An infrastructure bank, charged
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