US President Barack Obama announced $50 billion for transport infrastructure to restore road transport highways, rail transport lines and air transport runways to generate jobs and improve long term U.S. transportation system. The $50 billion would be used in first year and part of 6-year transportation list must be approved by Congress.

The plan is to form an infrastructure bank to manage federal funds with state, local and private funding for main projects. The plan is to reconstruct 150,000 miles of roads, bridges and increasing capacity on few of them. To construct and preserve 4,000 miles of rail lines, high speed rail and traveler lines. Renovation of 150 miles of air transport runways for next generation air traffic control system.

The White House announced its planned $50 billion is part of conventional long term transportation bill which is developed in Congress. The administration not said if it supports a $500 billion, 6-year bill for highways, rail and transport is assembled by House of Representatives Transportation Committee.

The $500 billion is almost twice the amount of last approval which ended in 2009. The administration proposed work on long time was belated until 2011 after this year November 2 congressional voting. Congressional work on transportation statement slowed this year due to problem how to pay for work.

The House approved a bill in July for $79 billion in transportation expenses which is more than half of it for roads and bridges in the financial year that starts on Oct 1. Work on legislation to revise the aviation system delayed just before Congress recessed for August. The $50 billion plan planned by Obama would double $27 billion permitted for transportation by incentive statement.