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Seeking Money for Aging Infrastructure, Obama Looks at Tax Changes

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nytimes.com
120320_highway_funding_ap_328ST. PAUL, Minn. — President Obama on Wednesday will call on Congress to overhaul corporate and business taxes as a way to pay for a four-year, $302 billion transportation bill to repair and replace the nation’s aging roads, rails, bridges and tunnels.

Mr. Obama will travel to a renovated transit hub in St. Paul to pitch the plan publicly. On Tuesday, the president made the case for the funding privately to House Speaker John A. Boehner in an hourlong Oval Office meeting, according to officials with knowledge of the conversation.

In his State of the Union address last month, Mr. Obama pledged to use money from a tax overhaul to “create jobs rebuilding our roads, upgrading our ports, unclogging our commutes, because in today’s global economy, first-class jobs gravitate to first-class infrastructure.”

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