Infrastructure: Do We Need A New New Deal?

Dan Fastenberg
infrastructure
infrastructure

President Barack Obama hasn't given up on it. Having seen Congressional Republicans dash his hopes of passing his American Jobs bill as a whole, Obama is now seeking to get his plan through in what he calls "bite-sized pieces."

Senate Majority Leader Harry Reid (D-Nev.) says he will try and introduce a weekly vote on each component of the bill, starting with the plan to spend $35 billion to save the jobs of public school teachers, police and firefighters. (The Senate squashed that one too, during a procedural vote on Oct. 21.) And this week, parts of the $447 billion plan dedicated for infrastructure including $60 billion for transportation projects will be voted upon as well. The total money the Obama administration had originally set aside for infrastructure-related projects was $105 billion. The White House has declined to specify the exact number of jobs it expects to be created through spending on highway, schools and other infrastructure projects.