Obama kicks off campaign with $50 bln jobs plan

WASHINGTON (Reuters) - President Barack Obama, scrambling to jump-start job creation in a sluggish U.S. economy, will announce on Monday a six-year plan to revamp aging roads, railways and airport runways with an initial $50 billion investment.

"Over the next six years, we are going to rebuild 150,000 miles of our roads -- enough to circle the world six times. We're going to lay and maintain 4,000 miles of our railways -- enough to stretch coast-to-coast," Obama will say, according to remarks prepared for delivery.