Obama eyes $478 billion infrastructure spend

President Barack Obama's budget being released Monday will include proposals to spend $478 billion on improving creaking infrastructure, paid for by a tax on money US firms hold overseas. "The president will propose a significant investment to repair our crumbling roads and bridges, and modernize our infrastructure so businesses can create good jobs here at home," a White House official said Sunday. The one-third increase in infrastructure spending would be paid for, in part, by a