By Peter Schroeder - 04/04/12 07:34 PM EDT
"These challenges can only be addressed by government action to help speed the recovery and repair the remaining damage from the crisis and reforms and investments to lay the foundation for stronger future growth," Geithner said.
"This means taking action to support growth in the short term — such as helping Americans refinance their mortgages and investing in infrastructure projects — so that we don’t jeopardize the gains our economy has made over the last three years," he said.
Before lawmakers departed for a two-week spring recess last week, Congress sent the president a 90-day extension of federal transportation funding, just days before it was set to expire. Democrats are pressing House Republican leaders to take up a two-year, $109 billion transportation measure that garnered 75 votes in the Senate.
House Republicans are aiming to pass their own long-term transportation measure, but Speaker John Boehner (R-Ohio) has struggled to unite his conference behind a plan. Before the recess, GOP leaders repeatedly shelved different versions of a highway bill after struggling to win broad support from the rank and file.