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Obama Weighs In, Supports New Round of Public-Works Funding

Publication Date: 12/9/2009
Author: Tom Ichniowski
Format: HTML

Description:
Democrats aren’t calling it a new economic-stimulus bill, but momentum is growing in Washington for a new measure aimed at producing more jobs, which would give the economy a lift. Proposals being floated include a new round of federal funding for highways and other infrastructure, probably in the tens of billions of dollars. If the public-works spending becomes a reality, it would provide welcome relief for the construction industry, whose unemployment rate remains the worst among major U.S. business sectors.

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