Big Spender

Obama Pledges to Invest in Roads, Schools

Calls for "sweeping effort."

President-elect Barack Obama hit YouTube Saturday to announce broad economic initiatives focusing on roads and schools. “We will repair broken schools, make them energy-efficient, and put new computers in our classrooms,” Obama said in his weekly address, describing it as “the most sweeping effort to modernize and upgrade school buildings that this country has ever seen.” For his roads plan, Obama explained: “[W]e will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s. We’ll invest your precious tax dollars in new and smarter ways.” He also promised every American would have electronic medical records.