obama News Updates

Government

LaHood Signals ‘Bold’ Infrastructure Plan Is Forthcoming From President Obama

WASHINGTON — Outgoing Transportation Secretary Ray LaHood said President Obama will soon announce a sweeping infrastructure funding plan.

June 10, 2013
Government

Obama Outlines $50 Billion Funding Plan, Calls for Creation of Infrastructure Bank

The White House last week provided some details of the infrastructure plan President Obama mentioned in his State of the Union address, calling for an immediate $50 billion in infrastructure spending, with $40 billion going to repairing roads, bridges and other facilities.

February 25, 2013
Business, Government

Obama Signs Highway Law That Draws Cautious Praise

President Obama signed a new transportation reauthorization law on July 6 that drew measured praise from truckers, shippers, road builders and others who said they were relieved a new law was enacted, even if it does not address long-term funding for the nation’s highway system.

July 16, 2012
Government

Obama Signs $105 Billion Bill to Fund Transportation Programs Through Sept. 2014

President Obama was scheduled to sign into law late last week a two-year, $105 billion transportation funding bill that will allow more tolling of interstate highways and create a national freight highway network.

July 9, 2012
Government

Obama Picks Former Utility Executive to Head Commerce Dept.

President Barack Obama named former California utility executive John Bryson as his choice for commerce secretary, drawing on Bryson’s business expertise for a job that is central to the administration’s goal of doubling U.S. exports, Bloomberg reported.

June 1, 2011
Government

Obama Visits UPS Facility; Cites Employment Gains

President Barack Obama said the lower unemployment rate figure released Friday shows the economy is showing signs of strength, the Associated Press reported.

April 1, 2011
Government

Obama Proposes 48% Increase in Road Spending Over 6 Years

President Barack Obama’s transportation reauthorization proposal would increase spending on roads and bridges over the next six years to $336 billion, a 48% increase over the $227 billion in the previous federal reauthorization package.

February 21, 2011
Government

Obama Names New OMB Chief

President Obama Tuesday nominated Deputy Secretary of State Jacob Lew to serve as the new head of the White House Office of Management and Budget.

July 13, 2010