ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel

News HomeWorldAmerica
US governors to press Obama for help
Tuesday, December 02, 2008 13:54 [IST]

Washington: US state governors are meeting with President-elect Barack Obama today to press their case for at least USD 40 billion to help pay for health care for the poor and disabled and even more for infrastructure projects like road and bridge repair.

They are likely to get a sympathetic ear. The meeting in Philadelphia comes as Obama and Democrats controlling Congress are fashioning economic recovery legislation that could cost USD 500 billion or so. The measure is virtually certain to contain help for states struggling with slumping revenues and difficult budget cuts as the recession deepens.

National Governors Association Chairman Ed Rendell, a Pennsylvania Democrat, said the governors are also pressing for perhaps USD 136 billion in infrastructure projects like road and bridge repairs in the legislation, which Democrats hope to have ready for Obama's signature as soon as he takes office.

"We're going to be talking about what the elements of an economic stimulus plan will be," said Massachusetts Gov Deval Patrick, a Democrat with close ties to Obama.

For states, the recession has meant big reductions in tax revenues, which has forced 43 of the 50 states into budget deficits.

Since virtually every state has to live under a balanced budget, governors have been forced to cut services, lay off workers and consider tax increases.

Such moves only make the economic situation more difficult, the governors say.


Source : PTI

Add To

digg.com

del.icio.us

stumbleupon.com

My Yahoo

reditt.com

newsvine.com

fark.com
 Post Your Feedback   
Name
Email ID
Comments
 Other Features
News today
Screen Sever
Gallery
WallPaper
Print this page
Mail this page
Archives


  
More News
India unsatisfied with status...
Vajpayee was not investigated,...
FICCI signs agreements with...
Eunuchs too have a right to...
Manmohan Singh asks Pakistan...
Flag march to remember 26/11...
Pregnant woman paraded naked,...
Mamta defends hefty salaries
A rare love story!
Lok Sabha adjourned over...
Liberhan report in this...
China coal mine blast: 104...
China mine blast death toll 104
Govt to help obese woman in...
Red alert at Guj Kandla oil...
Three Mile Island Nuke plant...
Who should I deal with in Pak?:...
LeT's Google Earth link to...
Who should I deal with in Pak?:...
Four held for misbehaving with...
20 arrested in Orissa for...