ith the midterm elections nearing and unemployment hovering just under 10 percent, President Obama has proposed a one-year $50 billion investment in America's transportation infrastructure to spur the economy and create jobs. The focus of the would be on building and repairing roads, train tracks, and air-traffic control systems, with at least some of the money doled out by a government-run "infrastructure bank." Here's a numerical look at the proposal:
Miles of roadway to be built or refurbished under the plan
Airport runways to be upgraded
Miles of railway to be built or repaired
Weeks until midterm elections
Unemployment rate among construction workers
Jobs created by $1 billion in infrastucture spending, according to transportation experts
Total jobs that a $50 billion infrastructure investment could, in theory, create
Number of jobs created by the original stimulus (total cost: $814 billion), according to two prominent economists
Amount that Obama hopes to redirect for infrastructure spending by eliminating oil and gas company tax loopholes
Total transportation spending in 2009's stimulus package
Investment needed to restore America's infrastructure to good condition, according to the American Society of Civil Engineers
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