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President Obama proposed a tax reform deal that would include a big, one-time investment in infrastructure. In remarks Tuesday at an Amazon Fulfillment Center in Chattanooga, Tenn., Obama said he would support lowering the corporate tax rate from 35% to 28%, and to 25% for manufacturers.
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As Congress squares for the fight over 2014 transportation spending and long-term transportation policy, President Obama called for more infrastructure investment to create jobs and support the middle class.
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The highway law that took so much effort over the past five years is just six months old, but now it's time to start again. As the U.S. Department of Transportation still unpacks the two-year, $105 billion measure passed last summer, Congress and transportation interests are gathering to return, once more, unto the breach.
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