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Obama to Announce Transportation Infrastructure Plan

President Barack Obama today will propose a six-year plan to rehabilitate the nation’s transportation infrastructure with an initial $50 billion to help spur an economy that’s lost jobs for three straight months.

Obama will announce the program to fix the nation’s roads, railways and runways to union families at a Labor Day rally in Milwaukee scheduled for 3:10 p.m. New York time, the White House said in a statement.