Obama Proposes National Infrastructure Reinvestment Bank

The Chicago Sun-Times quotes Obama's big spending plans:

“I’m proposing a National Infrastructure Reinvestment Bank that will invest $60 billion over 10 years,” Obama said. “This investment will multiply into almost half a trillion dollars of additional infrastructure spending and generate nearly two million new jobs — many of them in the construction industry that’s been hard hit by this housing crisis.”

For more on Obama's "economic" views click on this link.