MILWAUKEE (Reuters) - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild U.S. infrastructure with an initial $50 billion investment and prepared new business tax cuts.
"We are going to rebuild 150,000 miles (240,000 km) of our roads -- that's enough to circle the world six times. ... We're going to lay and maintain 4,000 miles (6,400 km) of our railways -- enough to stretch coast-to-coast," Obama told a labor rally in Milwaukee where several thousand supporters cheered his every line.