`` I reject the belief that we should either shrink from the challenge of globalization or fall back on the same tired and failed approaches of the last eight years , '' he said . Sen. Obama offers plan to spend $ 60B on schools , $ 150B on infrastructure . Republican presidential candidate would spend $ 60B on renewable energy . Obama rejects protectionist trade polices , says U.S. workers can compete . Sen. Obama 's campaign says higher taxes to pay for programs would hurt economy .
Sen. Obama offers plan to spend $ 60B on schools , $ 150B on infrastructure . Republican presidential candidate would spend $ 60B on renewable energy . Obama rejects protectionist trade polices , says U.S. workers can compete . Sen. Obama 's campaign says higher taxes to pay for programs would hurt economy .