Industry Lauds President�s Transportation Investment Proposal
Construction industry organizations applauded President Barack Obama�s proposed $50-billion, six-year surface transportation plan, which was laid out this week.
�The president clearly appreciates that the infrastructure-focused portions of the stimulus were effective in boosting employment and helping rebuild America�s aging infrastructure,� says Stephen E. Sandherr, CEO of the Associated General Contractors of America. �And while the most effective sequel to the stimulus is passing a fully-funded, six-year surface transportation bill, countless thousands of construction workers will have a better chance of retaining their jobs thanks to this proposal than they otherwise would once the stimulus runs its course.�