Obama announces $50 billion infrastructure plan

President Barack Obama said during a Labor Day rally that he will ask Congress to approve a $50 billion program to rebuild the transportation system, create jobs and reduce unemployment. The plan calls for constructing or improving 150,000 miles of roads, 4,000 miles of rail lines and 150 miles of airport runway during a six-year period. The proposal is one of a series of job-creation initiatives the White House plans to announce as the November midterm election approaches.

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