WASHINGTON — President Obama will fly to Wilmington, Del., on Thursday to announce a transportation initiative and campaign for Congress to pass a long-term highway bill. He'll then hop to New York for two midterm election-year fundraisers.
The transportation initiative is called the Build America Transportation Investment Center. To be housed at the Department of Transportation, the center will help state and local governments get better access to private-sector funding for roads and bridges.
Using the now-familiar backdrop of a highway bridge — this one being an I-495 bridge — Obama will also direct the Treasury Department to get more involved in finding financing for municipal water, ports, harbors, broadband and the electrical grid. Treasury will host an Infrastructure Investment Summit on Sept. 9.
Obama has frequently used the backdrop of a bridge to chide Congress for allowing the Highway Trust Fund to run out of money. The House of Representatives passed a short-term fix this week, but the White House says that won't stop Obama from campaigning for a long-term fix.
Afterward, Air Force One will fly to John F. Kennedy International Airport in New York, where he has two fundraisers: One for the Democratic National Committee and the other for the House Majority PAC. Both will be held at private homes. He'll return to Washington Thursday night.
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