President announces $ 50 billion to expand and renovate roads, railways and airports [...]
The U.S. president, Barack Obama, released this Monday, June, plan to spend at least $ 50 billion to expand and renovate roads, railways and airports in the United States. This is another initiative of the U.S. government to overcome the slow resumption of economic growth in the country.
Under heavy pressure because of the November congressional elections in which his Democratic Party could suffer heavy losses, Obama should make the announcement of the plan in Wisconsin, said a government official requesting anonymity.
The event to mark Labor Day, the traditional date for the start of election campaigns in the U.S., opens a week in which Obama should travel to another state in the Midwest, Ohio, where he held a news conference in another initiative to strengthen its position policy.
A White House official, also requesting anonymity, said the "bold" plan for infrastructure will be concentrated, with significant investments in its first year, in an attempt to stimulate the weakened economy and create more jobs.
It seems unlikely, however, that Obama can approve the plan in Congress before the November elections in the legislature. The oppositional Republican Party says the stimulus plan Obama's $ 814 billion was a failure. The symbol must also qualify the new proposal as another example of how government squanders taxpayer money to get some beneficial effect.
On Wednesday, Obama should disclose another point in its revised economic strategy, a series of tax breaks for small businesses worth U.S. $ 100 billion. The government official said the Obama plan provides for spending little time at $ 50 billion to stimulate faster job creation. The administration would work with Congress to set spending in other areas, to ensure that the plan does not further increase the budget deficit, the official said.
The plan also seeks to secure improvements to the control system of U.S. air traffic and speed up projects for high-speed railways, and to establish an Infrastructure Bank to coordinate financing and planning for federal projects in the sector.
Critics say for years that the U.S. rail system is getting worse and suffers from a lack of investment. Therefore, Obama will focus on modernization projects that can quickly put the unemployed on active duty, to act in the backbone of transportation in the U.S..
The White House official said Obama should propose a major new investment in railways and traffic system, including improvement in the aging fleet of Amtrak train, the federal government for passenger rail. The plan also calls for improvements in technology used in the ordered system of air traffic control in the U.S., including the use of satellite surveillance, which could reduce delays in flights. The information is of Dow Jones.
Source: Uol News
The U.S. president, Barack Obama, released this Monday, June, plan to spend at least $ 50 billion to expand and renovate roads, railways and airports in the United States. This is another initiative of the U.S. government to overcome the slow resumption of economic growth in the country.
Under heavy pressure because of the November congressional elections in which his Democratic Party could suffer heavy losses, Obama should make the announcement of the plan in Wisconsin, said a government official requesting anonymity.
The event to mark Labor Day, the traditional date for the start of election campaigns in the U.S., opens a week in which Obama should travel to another state in the Midwest, Ohio, where he held a news conference in another initiative to strengthen its position policy.
A White House official, also requesting anonymity, said the "bold" plan for infrastructure will be concentrated, with significant investments in its first year, in an attempt to stimulate the weakened economy and create more jobs.
It seems unlikely, however, that Obama can approve the plan in Congress before the November elections in the legislature. The oppositional Republican Party says the stimulus plan Obama's $ 814 billion was a failure. The symbol must also qualify the new proposal as another example of how government squanders taxpayer money to get some beneficial effect.
On Wednesday, Obama should disclose another point in its revised economic strategy, a series of tax breaks for small businesses worth U.S. $ 100 billion. The government official said the Obama plan provides for spending little time at $ 50 billion to stimulate faster job creation. The administration would work with Congress to set spending in other areas, to ensure that the plan does not further increase the budget deficit, the official said.
The plan also seeks to secure improvements to the control system of U.S. air traffic and speed up projects for high-speed railways, and to establish an Infrastructure Bank to coordinate financing and planning for federal projects in the sector.
Critics say for years that the U.S. rail system is getting worse and suffers from a lack of investment. Therefore, Obama will focus on modernization projects that can quickly put the unemployed on active duty, to act in the backbone of transportation in the U.S..
The White House official said Obama should propose a major new investment in railways and traffic system, including improvement in the aging fleet of Amtrak train, the federal government for passenger rail. The plan also calls for improvements in technology used in the ordered system of air traffic control in the U.S., including the use of satellite surveillance, which could reduce delays in flights. The information is of Dow Jones.
Source: Uol News
Postagens
0 comentários:
Postar um comentário