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Obama seeking $300 billion for roads, railways

WASHINGTON — President Barack Obama is asking Congress for $300 billion to update the nation’s roads and railways.
Obama plans to make the proposal today at the Union Depot rail and bus station in St. Paul, Minn.
The Highway Trust Fund finances federal highway and transit programs but is forecast to go broke as early as August.
The fund needs $100 billion over the next six years just to maintain current spending levels. But Obama and Congress don’t want to raise gas taxes to make up […]

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