Hearing on America's Hardware


	Hearing on America's Hardware

Andrew Gillies

10-29-2008 9:12 AM

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Andrew Gillies says:

Bloomberg's John Hughes and Greiling Keane take a look at big infrastructure plans under discussion in Washington. The Oct. 29th hearing mentioned in their story can be watched here: http://transportation.house.gov/

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e25b0b4c-f5cf-4ae7-a8e0-e9e5228b209e/AD272272-17DF-46C4-B003-4E86072466EF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3DbHA2slarg" href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3DbHA2slarg" style="font-size: 11px;">www.bloomberg.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3DbHA2slarg"><P>The U.S. House's transportation panel will hear from 19
witnesses tomorrow on boosting infrastructure spending after
Speaker <A href="http://search.bloomberg.com/search?q=Nancy+Pelosi&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Nancy Pelosi</A> asked committee chairs to suggest contents
for a potential post-election economic stimulus package. While
the California Democrat hasn't announced a spending target, a
plan last month included $12.8 billion for roads. That wouldn't
be enough to plug a $19 billion hole projected in the federal
Highway Trust Fund next year.     </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3DbHA2slarg"><P>Obama pledged to create a National Infrastructure
Reinvestment Bank, financed with $60 billion in federal funds
over 10 years. He also plans a $25 billion ``Jobs and Growth
Fund'' to prevent cutbacks in road and bridge maintenance and
for school repair.     </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3DbHA2slarg"><P>McCain has said he wants to remove earmarking from the
federal highway bill, which may save as much as $6 billion a
year. ``It's tough to say'' what McCain's long-term solution
would be, said <A href="http://search.bloomberg.com/search?q=Douglas+Holtz-Eakin&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Douglas Holtz-Eakin</A>, his economic adviser.     </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AD272272-17DF-46C4-B003-4E86072466EF/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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