Re: [Dems2008] Re: Obama proposed creating a National Infrastructure Reinvestment Bank

In his speech in Janesville, Mr. Obama proposed creating a National Infrastructure Reinvestment Bank to invest $60 billion over 10 years and create nearly 2 million new jobs in the construction field. He said the program would be paid for by ending the Iraq war. He also renewed his call to create an energy plan to invest $150 billion over 10 years to establish a "green energy sector" to add up to 5 million jobs in the next two decades.

"It's time to stop spending billions of dollars a week trying to put Iraq back together and start spending the money on putting America back together instead," Mr. Obama said. He added, "We'll also provide funding to help manufacturers convert to green technology and help workers learn the skills they need for these jobs."

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