Obama to urge approval of stop-gap air, road bills

Yahoo ^ | 8/30/11 | John Crawley - Reuters

[NormsRevenge]

WASHINGTON (Reuters) - President Barack Obama will urge Congress on Wednesday to approve stop-gap aviation and transportation infrastructure legislation to temporarily maintain funding for airport and road construction projects and preserve jobs in a tough economy.

Obama wants Congress not to repeat the type of partisan fight over temporary funding that shut down airport construction programs for two weeks in July. That disruption also resulted in losing $400 million in aviation-related tax revenue that helps pay for those programs.

U.S. transportation spending, especially the tens of billions of dollars spent on roads annually, is a key driver of economic activity and employment.

A White House official, who did not want to speak for attribution ahead of Obama's Rose Garden remarks, said on Tuesday the president would urge lawmakers to pass "clean extensions" of bills covering Federal Aviation Administration airport programs and Transportation Department highway and transit accounts.

That means legislation should cover a set period of time without conditions. Those types of extensions generally last one to six months.

Ticket taxes underwrite FAA spending on airport construction, while gasoline taxes pay for highway and transit upgrades.

Without extensions, the law authorizing the 7.5 percent aviation ticket tax will expire on September 16 while the one allowing the federal gasoline tax of 18.4 cents per gallon will end on September 30.

[ColdOne]

They just cannot stop spending/printing money can they?

[NormsRevenge]

I'm willing to sacrifice some vacation time to get this done.. It's my job.

Uhhh.. wait a minute, let me check my golf calendar,, make that ..

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(top photo) U.S. President Barack Obama pauses during the 93rd annual American Legion National Convention in Minneapolis, August 30, 2011. REUTERS/Larry Downing ..(bottom photo) U.S. President Barack Obama walks out before he announces that labor economist Alan Krueger (not shown) as his choice to be the Chairman of the White House Council of Economic Advisers in the Rose Garden of the White House in Washington, August 29, 2011.REUTERS/Larry Downing

[cranked]

Insanity - repeating the same thing over and over again hoping for different results. Nothing more than another FAIL wrapped in another stinking ass “infrastructure” stimulus....=.=

[TLI]

the one allowing the federal gasoline tax of 18.4 cents per gallon will end on September 30.

Well well. Wouldn't THAT be interesting.

.

[Iron Munro]

[okie01]

the one allowing the federal gasoline tax of 18.4 cents per gallon will end on September 30.

The Chairman of the House committee concerned with the fed gasoline tax has developed a budget predicated on a.) there will be no increase in tax rate ffor five years and b.) there will be no increase in associated expenditures for five years.

I.e., a tax freeze. And a spending freeze.

The Senate Democrats don't agree, of course.

But I sure do like his thinking.

[jcon40]

This will Stimulate Union Scale Jobs only

http://www.dir.ca.gov/dlsr/PWD/Southern.html

Look at the Governments own site where the wage rate for someone who hangs sheetrock is $48.95 per hour (Straight time)

check out some of the other pay scales and tell me you couldn’t employ 4 times as many people if the money wasn’t required to be spent at Union Scale