By Devin Katayama
Louisville, KY – U.S. Treasury Secretary Timothy Geithner says President Barack Obama's jobs bill would invest in Kentucky railways, roads and aviation. Geithner toured the UPS air hub in Louisville Monday and says in order to grow the struggling economy, business needs help.
"You do a better job or repairing roads and bridges, highways, airports, railways, it makes companies more competitive lowers their cost, it's like a tax cut. Infrastructure repair, repairing a road does not make government bigger. It just makes the economy work better for business."
Geithner chose UPS to deliver his speech because it represents how some companies would benefit from infrastructure projects created from the jobs bill. UPS CEO Scott Davis says investing in highways and aviation will help the company double exports in the next five years. Geithner is the third member of Obama's cabinet to appear in Kentucky in less than a week. The White House says the jobs bill would invest over $450 million in Kentucky's infrastructure.