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Obama's Infrastructure Plan "Unrealistic": Business Groups

The U.S. Chamber of Commerce and other business lobbies called President Barack Obama's proposal for a six-year, $556 billion highway bill unrealistic Tuesday, saying no one's explained how to pay for it.

February 16, 2011

The U.S. Chamber of Commerce and other business lobbies called President Barack Obama's proposal for a six-year, $556 billion highway bill unrealistic Tuesday, saying no one's explained how to pay for it.

The existing transportation trust fund would need $231 billion in additional revenue over the six-year period to fully pay for the proposed programs, according to Mr. Obama's 2012 budget blueprint.

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--Wall Street Journal

 
 

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