White House Seeks $50B For Immediate Infrastructure Fixes

Law360, Los Angeles (April 10, 2013, 7:45 PM EDT) -- The White House hopes to spur the nation’s infrastructure development with a $50 billion allotment for upfront infrastructure investments, including funds for a “Fix It First” program that focuses investment on the nearly 70,000 structurally deficient bridges across the country, according to President Barack Obama’s budget released Wednesday.

The infrastructure proposal of the White House’s fiscal year 2014 budget of the U.S. government includes $40 billion for Fix It First projects to invest immediately in the nation’s infrastructure with an emphasis on reducing the national transportation...
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