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transportation package

Obama’s plan for re-election: a $3.8 trillion recovery plan

February 17, 2012 by Archived posts 3 Comments

Barack Obama

By Krystina Pedersen |Staff Writer| As the days until the November 2012 presidential elections dwindle down, Pres. Barack Obama attempts to keep his job by proposing a $3.8 trillion budget for U.S. recovery. "My budget will keep recovery ‘on track’," said Obama. He proposed a budget in an attempt to generate economic recovery through "necessary" spending on job training, education and by dedicating $8 billion to community colleges. The biggest amount Obama has set aside is an outstanding $476 billion six-year transportation package. Gasoline tax expenses will cover more than half of the total $476 billion six-year commitment. As much as $231 billion would be financed through savings … [Read more...] about Obama’s plan for re-election: a $3.8 trillion recovery plan

Filed Under: News Tagged With: $3.8 trillion, : Republicans, American Troops, Barak Obama, debt, GDP, Laura Melgoza, President., recovery plan, taxes, transportation package

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