Obama signs $12.3 billion water projects bill
President Barack Obama has signed a $12.3 billion water projects bill that finances improvements ranging from a harbor expansion in Boston to flood control in Iowa and North Dakota. The legislation was the result of a rare instance of bipartisan work in the divided Congress.
Obama praised the work of Democrats and Republicans and said he hoped it set a pattern for agreement for more spending on infrastructure projects across the country.
The new law will pay for 34 new projects over the next 10 years. Its price tag is half the amount of the last water projects bill seven years ago. Congressional leaders have praised the bill for containing no pet projects from lawmakers.
All of the projects were recommended by the Army Corps of Engineers.
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