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Save Us, Obama!

The state's projected $11.2 billion shortfall is threatening to kill or put on hold $5 billion worth of public works projects. That means things like carpool lane projects and tunnel-boring projects— the Bay Bridge redo will be OK, whew!— and the jobs they support, are in danger. Once again, the blame falls on the credit crisis: there's little cash flow, plus no one buying our bonds anymore, and a lot of these projects are bond-funded. So about that massive federal infrastructure plan... [SF Gate]

Public Works

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