Wednesday, August 31, 2011

President Addresses Reauthorization

Department of Transportation
Secretary of Transportation Ray LaHood in his Fastlane blog applauds President Obama's request that Congress "pass a clean extension of key transportation programs as soon as possible." The President states that the jobs of thousands of construction workers and DOT employees are on the line. Politico is linking Obama’s remarks to a job-creation plan he’s expected to launch next week.

According to Politico, the President also calls this a good time to invest in transportation - while jobs are scarce, interest rates are low and infrastructure needs to be maintained. “We have to have a serious conversation about making real, lasting investments in infrastructure from better ports to a smarter electric grid to high speed rail,” he said. A Washington Post blog states that Obama will address jobs next week in a speech to a joint session of Congress.

The houses of Congress have different plans, a six-year reauthorization in the House and a two-year proposal in the Senate. Transportation funding will expire on Sept. 30. Click here for more general information about reauthorization and the speech from the Associated Press.

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