Summers Urges ‘Major’ Spending Plan to Fix U.S. Infrastructure

Sept. 21 (Bloomberg) -- “What we need in the United States is a comprehensive growth strategy to get that rate from a struggling 2% to a 3%,” Former U.S. Treasury Secretary Summers said in interview broadcast today on Fox News program “Sunday Morning Futures With Maria Bartiromo.”

* “Over time, that would be transforming of job opportunities

for millions of Americans”: Summers * Summers, a Harvard University professor, cited need for

repairs to New York’s John F. Kennedy International Airport

as way to help create jobs * NOTE: Comments echo calls from Treasury Secretary Lew for

infrastructure spending in U.S. and for other nations to

take steps to strengthen demand

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To contact the reporter on this story: Brendan Murray in Washington at +1-202-654-4353 or brmurray@bloomberg.net To contact the editors responsible for this story: Andrea Snyder at +1-202-624-1831 or asnyder5@bloomberg.net Joe Sabo

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