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Obama administration spends $1.2 billion on cycling and walking initiatives

Source: Telegraph

Spending on biking and walking projects rose from less than $600 million (£407 million) in 2008, according to the Federal Highway Administraion. Twenty years ago, the federal government was spending only $6 million a year on such projects.

The spending on biking and walking projects was scheduled to rise last year anyway, but the administration [...]

Inflation Rises in June on Jump in Price of Gasoline

Great news :-\

Consumer prices rose at a surprisingly steep rate in June and the nation’s factories continued to pull back production, according to new data released today that affirm that the economy remains weak but is not entering a dangerous cycle of falling prices.

The consumer price index rose 0.7 percent last month, the Labor Department said, [...]