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Obama Pledges Massive Investment in National Infrastructure

HeadlineDec 08, 2008

On Saturday, President-elect Barack Obama outlined plans for a massive economic stimulus program to help rebuild the economy.

President-elect Barack Obama: “Second, we will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s. We’ll invest your precious tax dollars in new and smarter ways, and we’ll set a simple rule: use it or lose it. If a state doesn’t act quickly to invest in roads and bridges in their communities, they’ll lose the money.”

He also pledged to invest in technology.

President-elect Barack Obama: “As we renew our schools and highways, we’ll also renew our information superhighway. It is unacceptable that the United States ranks fifteenth in the world in broadband adoption. Here, in the country that invented the internet, every child should have the chance to get online, and they’ll get that chance when I’m president, because that’s how we’ll strengthen America’s competitiveness in the world.”

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