President Obama today promised to speed up spending of funds allocated by the stimulus bill to create as many as 600,000 new jobs by this summer.

The funds will go for items such as maintenance projects at military bases and approximately 1,600 road and airport projects.

Congress passed a stimulus bill in February.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.