By John Crawley and Lisa Lambert

WASHINGTON (Reuters) - President Barack Obama is pushing ahead with plans to shore up dwindling federal reserves for highway construction and establish a government-run bank to pay for future transportation projects.

Documents obtained by Reuters late on Wednesday detailed Transportation Department proposals for injecting $20 billion of general tax revenue into a federal trust for highway and transit infrastructure projects, and outlined Obama's longer-term plan for ensuring financial backing for new initiatives.

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Posted by boyang at July 1, 2009 6:00 AM