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Obama Pitching $300 Billion Plan to Fix Nation’s Roads, Bridges
President Obama wants to invest “$300 billion over the next four years to fix the nation’s crumbling roads and bridges,” according to an article by Justin Sink.
“The proposal would represent a significant hike in expenditures on highways and mass transit, and comes as the Congressional Budget Office warned that the federal gas tax is not bringing in enough revenue to pay for road and transit projects.”
The money would come from $150 billion in new revenue generated by business tax reform.