Elana Schor

President Obama will deliver a speech on job creation this morning in Washington, but one tactic that has won over quite a few Democrats of late -- redirecting unspent money from last year's financial bailout to transportation -- may not be as possible as lawmakers had thought.

In an economic recovery report released today by New York Gov. David Paterson (D), the state broke down its plans for the estimated $31 billion it received as part of the Obama administration's first stimulus law.

Acting under a Supreme Court mandate, the Environmental Protection Agency (EPA) ruled today that greenhouse gas emissions endanger public health and contribute to the harmful environmental effects of climate change, paving the way for pollution regulations under the Clean Air Act.

Pennsylvania Gov. Ed Rendell (D), who is in Washington today continuing his push for a "front-loaded" federal transportation bill, told Streetsblog Capitol Hill that he sees momentum building for a National Infrastructure Bank (NIB) to be created as part of the jobs bill now moving forward in Congress.

The conservative "tea party" movement, last seen complaining about the government-funded local transit system that they took during an anti-government march in Washington D.C, is veering back to form in Florida with an organized protest against the state's proposal for broad new investments in rail transit.

The myth that U.S. roads "pay for themselves" thanks to user fees is a subject that's likely familiar to many Streetsblog readers -- but just how much of the nation's highway funding is provided by charging drivers?

On the issue of clean transportation, from transit to bike paths to clean water, few members of Congress are as knowledgeable or active as Rep. Earl Blumenauer (D-OR). Chief of the Congressional Bicycle Caucus and founder of the new Livable Communities Task Force, the Portland lawmaker is on the front lines of Washington's biggest infrastructure debates. Streetsblog Capitol Hill spoke with him yesterday about the prospects for transportation in the coming jobs bill, which he has said could be paid for in part with Wall Street bailout money. Below is a lightly edited transcript of the discussion.

General Electric's Transportation division inked a high-speed rail technology-sharing deal with China last month, but the prospects on the home front for its fuel-efficient locomotives are downright "bleak" heading into 2010, as its chief executive recently told Dow Jones.

Infrastructure will be on the menu tomorrow when the White House hosts a "jobs summit" aimed at assuaging public concern over mounting unemployment. Labor leaders have vowed to push for new transport projects, and invitee Paul Krugman is already on record backing a Wall Street transaction tax that some House Democrats want to see benefit the built environment.

Two-thirds of America's population, and more than three-quarters of its economic productivity, come from major cities. So why did the Obama administration's economic stimulus law end up giving metropolitan areas the short end of the stick?