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Obama vows to pace up shipping & transit projects

Obama vows to pace up shipping & transit projects
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US President Barack Obama has vowed on July 25 to use his executive powers to bypass bottlenecks in Congress and accelerate infrastructure projects to bolster growth and add jobs. Speaking inside a cruise ship terminal at Jaxport, a major passenger and cargo port on the East Coast, Obama hailed two major projects that would accommodate increasing global trade and speed the delivery of goods that arrive on huge ships and depart by train for destinations across the United States.

In a couple of years, new supertankers are going to start coming through the Panama Canal, Obama told an enthusiastic crowd that applauded loudly when he suggested new investments that would allow larger ships to dock at Jacksonville. ObamaÂ’s appearance at the port, which included a tour of a $200 million TraPac Container Terminal, is part of a broader effort by the White House to focus AmericansÂ’ attention on the administrationÂ’s efforts to inject energy into the economy.

It was also a warning that the president is trying to find a way around Congressional Republicans resistant to approving more federal stimulus money for public works.
Where I can act on my own, IÂ’m going to act on my own, Obama said. I wonÂ’t wait for Congress, he added.

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