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Obama warns of economic hit if transport bill not passed

By REUTERS

MARCH 24, 2012 12:11

WASHINGTON - President Barack Obama on Saturday urged lawmakers in the House of Representatives to pass a bill that would extend funding for infrastructure and transportation projects, warning that failure to do so would hurt US economic recovery.

The US Senate recently passed a transportation bill, but a similar measure is stalled in the House.

"In a matter of days, funding will stop for all sorts of transportation projects. Construction sites will go idle. Workers will have to go home. And our economy will take a hit," Obama said in his weekly radio and Internet address.

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