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Give Me an ''I'', ''N'', ''F'', ''R'', ''A''10-19-10 | News

Give Me an ''I'', ''N'', ''F'', ''R'', ''A''




What country, as a percentage of GDP, invests less than half of what Russia does on infrastructure? quizzed Pres. Obama at an Oct. 12, 2010 Rose Garden speech.
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On Oct. 12, 2010, Pres. Obama made a formal announcement in the Rose Garden.

No, he wasn't talking to the plants. He was talking about infrastructure.

What country, he querried, as a percentage of GDP, invests less than half of what Russia does in its infrastructure, and less than one-third of what Western Europe does?

''What is the U.S.,'' would be the correct Jeopardy response.

And what country is right now building hundreds of thousands of miles of new roads, plans to build dozens of new airports over the next 10 years and could build over the next 20 years as many as 170 new mass transit systems?

If you said the U.S., and not China, you lose all your Jeopardy points.

With that prelude, Pres. Obama announced U.S. infrastructure plans to build in the next six years 150,000 miles of roads, lay and maintain 4,000 miles of railways and restore 150 miles of runways.

Pres. Obama said the plan will be ''fully paid for'' and ''will not add to our deficit over time.''

The president said ''tens of thousands of projects employing hundreds of thousands of workers are already underway across America.'' He said that the U.S. is improving 40,000 miles of road, rebuilding water and sewer systems, implementing a smarter, more secure electric grid across 46 states to increase access to renewable sources of energy and cut costs for customers, connect communities across the country to broadband internet, and connect 31 states via a true high-speed rail network. He noted that many of these projects are coming in under budget.

He also asserted working with Congress to ''establish an infrastructure bank to leverage federal dollars and focus on the smartest investments,'' i.e., consolidating more than 100 different (often duplicative) programs.

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