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You'll gain real-world insights into how economics impacts your daily life with this easy-to-follow online course. This crash course is based on the acclaimed textbook Economy, Society, and Public Policy by CORE Econ, tailored to help you grasp key concepts without feeling overwhelmed.

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St. Paul, Minn.

December 3, 2008 7:46 AM

Oberstar says jobs plan will be ready for next president

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Rep. James Oberstar, D-Minn. — House Transportation and Infrastructure Chairman Rep. James Oberstar, D-Minn.
Photo by Brendan Smialowski/Getty Images

Rep. Jim Oberstar says his plan to pump $45 billion into American infrastructure will be ready for President-elect Obama just days after the President takes office.

The Democratic 8th District Congressman is proposing to fund projects like roads and sewers that are ready to proceed but so far lack the money.

Flanked by trade union representatives in Duluth, Oberstar said his package would create 1.25 million jobs.

"This is a quick start program to create real jobs, American jobs, jobs that won't be out-sourced to Bangalore India, or South Korea, or Formosa, or Taiwan, or any other place in the world. It will be done with American workers; members of these locals," Oberstar said.

Oberstar chairs the House Transportation Committee.

He said Minnesota's U.S. Senator Amy Klobuchar will prepare similar legislation for the U.S. Senate. Oberstar says he's confident the Senate will pass the measure.

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Rep. James Oberstar, D-Minn. — House Transportation and Infrastructure Chairman Rep. James Oberstar, D-Minn.
Photo by Brendan Smialowski/Getty Images

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