Obama Proposes $50 Billion Plan to Fix Roads, Railways, Runways

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President Barack Obama proposed spending at least $50 billion to rehabilitate the nation’s transportation infrastructure to help spur an economy that’s lost jobs for three straight months.

At a Labor Day rally in Milwaukee two months before midterm congressional elections, Obama called for a six-year program to fix roads, railways and runways, and to modernize the air-traffic control system. The funds would be included in a transportation authorization bill that’s stalled in Congress.