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New push for infrastructure funding in US jobs bill


The move reflects cold calculations about what initiatives will buy canada goose jacket cheap take priority canada goose uk black friday amid joblessness that is near a 26 canada goose coats on sale year high at 10 percent and canada goose store rapidly shifting political sands in Washington ahead of next Canada Goose Online November congressional elections. mayors canada goose on Thursday.

LaHood canada goose clearance said he is asking the Senate to broadly expand a $1.5 billion program included in last year economic stimulus package that allows state and local governments to use money for a wide Canada Goose sale spectrum of projects.

The grants, known as TIGER, for Transportation Investment canada goose uk shop Generating Economic Recovery, Canada Goose Coats On Sale comprised a sliver of transportation money included in the stimulus but officials note that interest has been strong with local communities scrambling for infrastructure funds.

Lahood told the Canada Goose Outlet mayors that this money allows all of you to have direct access to money to do innovative, creative things in your community.

Separately, Pennsylvania Governor Ed Rendell planned to push canada goose coats top White House economic advisers on Thursday to embrace the creation of a national infrastructure bank, an independent institution that would finance capital works projects.

Rendell told Reuters in an interview that a coalition of supporters that include transportation trade associations are pushing for the bank proposal to be included in the legislative package.

They believe a well capitalized program would streamline infrastructure funding and financing, attract private investment, simulate broad buy canada goose jacket sectors of the economy and create jobs.

want to get cheap Canada Goose the bank up and running, Rendell said, noting strong interest from investment banks and hedge funds in partnering with the uk canada goose government on infrastructure upgrades. canada goose black friday sale don want canada goose jacket sales ca to cheap canada goose uk lose time on this.

Obama proposed an infrastructure bank nearly a year canada goose factory sale ago with uk canada goose outlet an initial $5 billion in his budget proposal. Congress refused to grant money and the Senate has been slow to weigh legislation introduced by Banking Committee Chairman Christopher Dodd to set Canada Goose Parka it up.

Dodd, a Connecticut Democrat who has said he Canada Goose Jackets will not canada goose clearance sale seek reelection next fall, plans to hold a hearing on the plan.

Obama, however, is likely to broach canadian goose jacket the idea Canada Goose online in a closed door meeting with the mayors on Thursday.

The House of Representatives in December passed a $155 billion jobs package which, like the 2009 economic stimulus plan, is intended to save and create jobs through direct federal spending and financing.

The bill would provide $48.3 billion for construction projects, including highways, transit and sewer and water upgrades. Another $4 billion would go to school repairs and $2 billion to fix up public and rental housing units.

The Democratic led proposal in the Senate is due to canada goose uk outlet be unveiled in coming weeks and is likely to differ substantially from the House version. (Editing by Leslie Adler).

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