Obama Asks Congress for $21B for Infrastructure in Front of Chinese Cranes
On Friday, President Obama claimed his administration, known for its rampant green energy boondoggles like Solyndra, had the ability to avoid pork barrel projects when asking Congress to approve $21 billion for infrastructure funding. He made his remarks in Miami, Florida in front of Chinese-made cranes Obama's advance staff failed to properly conceal with American flags.
Obama's plan includes $10 billion for an infrastructure bank that would give seed money to projects his administration selects as winners, $4 billion for a federal infrastructure loan program, and $7 billion in tax incentives for state and local bonds.
“Instead of picking projects based on pork barrel politics, we'll pick them based on how good they are for the economy,” Obama said.
According to The Hill, Obama will include the plan in his budget when he releases it on April 10, and Republicans--like House Speaker John Boehner (R-OH)--have indicated they will oppose his plan.