October 11th, 2010
01:44 PM ET

Obama seeks bipartisan support for infrastructure upgrade

President Barack Obama called Monday for Congress to approve a $50 billion plan to begin upgrading the nation's crumbling infrastructure, saying such an investment is vital to creating much-needed construction jobs and keeping the nation competitive in the global economy.

In a Rose Garden statement at the White House, Obama called for bipartisan support when Congress returns after the November 2 mid-term elections so that the first phase of a proposed six-year infrastructure development plan can begin.

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Filed under: Barack Obama • Economy • Politics • U.S.
soundoff (26 Responses)
  1. whitekong78

    Where is all this money going to come from? Outsourcing over the years has led to a constant stream of unemployment yet Obama won't make it illegal to send jobs overseas. Now there's a dwindling tax base to fund projects with. I don't want to live off welfare that's paid for by the rich and neither do most people. I like Obama's vision for improving America, but he seems to be missing the right strategy for how to get us there.

    October 11, 2010 at 2:53 pm | Report abuse |
  2. phil

    The power grid could use some upgrades for sure. But all over town I see roads being repaved and new curbs/gutters going in. This work is being done by oprivate contractors, and most of the laborers are illegal aliens. One blvd. here just got repaved for the second time this year, by the same contractor. I guess if it's ok for NASA to have used illegals to glue heat sink tiles to the old shuttles, it's ok to have them working on our roads. (laughable)

    October 11, 2010 at 3:32 pm | Report abuse |
  3. phil

    Whitekong...I dunno where all this money is coming from. Since the Federal Reserve has never been audited, we may never know. Maybe China is loaning US money to do this?

    October 11, 2010 at 3:35 pm | Report abuse |
  4. whitekong78

    China is a Joke. We bought gold plated tungsten from them when Clinton was president. If you haven't heard that you can look it up. Auditing the FED doesn't apply to this. They pay for upgrades with worthless paper money. Generally when a politician proposes spending there are already funds allocated for it. Never underestimate the perpetual campaign mode. You're right though our electrical grid needs improvement.

    October 11, 2010 at 4:15 pm | Report abuse |
  5. Sherri W.W.

    Good Lord! What is WRONG with people these days!?President Obama couldn`t do ANYTHING to please some of these folks!If he says "its a nice day"THEY say"no its not"or He says"day"they say"nite"~But~FACTS A RE THAT OUR INFRASTRUCTURE IS CRUMBLING BADLY AND WE GOT TO FIX IT~NO CHOICE!~~THAT iswhy we ALL GOT TO PAY TAXES~less for poor and more as you go up the earning latter~I know it seems to sound"wild"to suggest we are becoming "a third world country"BUT if we do n-t have Govt.and taxes,that really IS the sort of place we could become~maybe not in our lifetime,but in our Gkids&GGkids time it is possible! We must have the taxes to pay for all that must be done~same as a homeowner or business has to keep up and we must have Govt.to have laws that ptotect EVERYONE!As far as the Deficit goes~it WILL BE FINE~just as it has been MANY TIMES BEFORE~read history instead of listening to NUTS TALKING~most people in America are smarter than they are ACTING RIGH T NOW!

    October 11, 2010 at 5:34 pm | Report abuse |
  6. phil

    @whitekong....what the fed does or does not do is pure conjecture. Don't you find it odd the Federal Reserve has never been audited? Have you seen them testify befor Congress? It's as if the fed looks down it's nose at the goverment in a most arrogant manner. I find it very fishy.

    October 11, 2010 at 6:57 pm | Report abuse |
  7. whitekong78

    The Fed has no issue here. We are talking about using tax money for infrastructure not borrowing from the FED. @ Sherri: the problem in America is that people are pi$$ed at all the spin and speeches with no action. Personally I was for health care reform but not the way it was passed. So much of the health care bill's funding went to buying votes through pet projects not related to health care. Not ONE politician could tell you what was in the bill either. Obama is stating the obvious here. My question is where all the tax money is going to come from for all this stuff? They wasted billions buying votes for health care reform

    October 11, 2010 at 7:52 pm | Report abuse |
  8. phil

    Agree to disagree until the fed is finally audited.

    October 11, 2010 at 8:37 pm | Report abuse |
  9. Jim Brieske

    F him and his f ing spending! I really really am beginning to think President Obama is a stubborn egostical economic retard!
    I wish I could hit him along his head with a roadcrew shovel. Yes I wrote retard.
    Due to the nature of the current situation, I get to use any word I dam well please. I can make up some too. Look.
    egoecotard. It means a person who puts his ego before good sound economic decisions. Ending with people believing he is a retard.
    jim

    October 11, 2010 at 8:41 pm | Report abuse |
  10. phil

    Healthcare "reform": 70% of US already get insurance through the government. (gov. employees, military, retired or not, medicare, medicaide, etc) Health Isurance company's operate on a

    October 11, 2010 at 8:42 pm | Report abuse |
  11. phil

    Oops...Health insurance companies operate on a meager 4% profit margin, so that's not the big problem. I think the big problem is we spend more personal and tax dollars on prescription meds than we do on national defense. (cont)

    October 11, 2010 at 8:48 pm | Report abuse |
  12. Ancient Texan

    Use what is left in the "stimulus" to fund this latest round of stimulus. Union jobs are what always seem to be the aim of all these spending sprees. Highly mechanized work with few actual workers.

    October 11, 2010 at 8:50 pm | Report abuse |
  13. Sherri W.W.

    The Health Care bill is NOT perfect~and its not even all in effect yet~HOWEVER~it IS something we NEED Badly~MUST have actually~and~it WILL get better as they twek it this way&that~as they find what IS working&what ISNT.~That said,you have to put a foundation down before you can build anything and HC is no exception!~The cost,which I am not happy with now,WILL go DOWN in the next 2 years or so~it has already started to go down for people on Medicare~folks who really NEED their costs down!Right now,I have Blue Cross Health ins. an it is actually CHEAPER than what Medicare will be!~I dont think a lot of folks know that Medicare AND medicine while ON Medicare~is VERY expensive!Our ins man has figured it for us and~because of the"donut hole"gap for meds,we would only be able to afford our medicines for 4 months of the year! on medicare!Yet we would STILL have to PAY the premium FOR the Meds 12MOS.a yr!~The health Care Bill is fixing that slowly,but they got a start on it this yr and a much BIGGER amount of Meds covered even NEXT YR!

    October 11, 2010 at 9:15 pm | Report abuse |
  14. phil

    "nationalized" healthcare will not make Americans healthier. It will make big-pharma and it's drug peddlers wealthier though.

    October 11, 2010 at 9:16 pm | Report abuse |
  15. Sherri W.W.

    Again,cocerning Health Care~I wonder how many folks really understand that the same Congressmen&Senators[mostly Repubs/TP]who are screaming"REPEAL HEALTHCARE!"~that THEY get the very type of Healthcare~paid for BY US~for LIFE~that they would NOT let the Dems pass for us!?~Pres.O anDems had to settle for less because those same candidates who now want our votes did NOT want US to have the same ins WE GIVE THEM!~THEY dont have to worry about THEIR Meds~they GET theirs pd for~again by us!WhenTHEY RETIRE~AT *55*,if they want~ NOT*70*!~ LIKE THEY WANT FOR US!~and 50,if they been in 20yrs!Then theyan the spouse get to keep that good ins.AND they ALL get their PENSION PLUS SOC.SECURITY!Guess who pays for that big pension?!~SO~NONE of THEM will ever go without Hospital care or Medicine because THEY have everything paid for Plus the 2 Incomes!~Of course,the Repubs/TP want to LOWER what WE GET ON SOCIAL SECURITY EVENTHOUGH WE DONT HAVE 2 INCOMES LIKE THEY DO!and the Deficit business~thats a "blind" to get peoples attention an get them going~the Deficit WILL BE FINEAS ITS ALWAYS BEEN~it will come down as soonas things straighten out~but it takes some TAXES To make it all level out and to create jobs~opposite of what thesea candidates want us to believe~or probably a lot of them dont understand it themselves!

    October 11, 2010 at 9:50 pm | Report abuse |
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