Obama Signs $12.3 Billion Bill to Expand U.S. Ports

Obama Signs $12.3 Billion Bill to Expand U.S. Ports Play

June 10 (Bloomberg) -- President Barack Obama speaks about a $12.3 billion water-projects plan that will pay for deepening ports for bigger ships, cutting costs for exporters. Obama also discusses legislation to award the Congressional Gold Medal to the 65th Infantry and Regiment, the last segregated military unit of mostly Puerto Rican soldiers to play prominent roles in World War I, World War II and the Korean War. Obama speaks before signing both bills in Washington. (Source: Bloomberg)

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