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Infrastructure Programs * USA - Funding May Reach $20 Billion
Federal funding highway infrastructure projects in an economic stimulus plan may be about $20 billion
Washington,DC,USA -Bloomberg/Transport Topics -12 Dec 2008: -- The federal stimulus package, which the next Congress may consider when it convenes in January, may allocate at least $45 billion for areas including highway, bridge, aviation and water infrastructure, according to the American Association of State Highway and Transportation Officials, Bloomberg reported... States have $64 billion worth of highway and bridge projects that would be ready to build within 180 days of receiving funding, and President-elect Barack Obama has said infrastructure should be a focus of a stimulus bill to revive the economy... AASHTO members met this week with aides to the House and Senate committees involved in drafting the package, AASHTO Executive Director John Horsley told... Including infrastructure projects in a stimulus plan may ease the need to pass a highway bill replenishing the so-called highway trust fund, Bloomberg said. Diesel and gasoline tax revenue pays for road projects...
* Mayors Press for Piece of the Infrastructure Pie
USA -Reuters, by Lisa Lambert -8 Dec 2008: -- President-elect Barack Obama is being urged by U.S. mayors to funnel infrastructure spending directly to cities rather than state governments. The mayors say that it would expedite aid to the faltering economy. The U.S. Conference of Mayors told reporters it has identified nearly 11,400 infrastructure projects worth $73.2 billion in 427 cities that Obama's economic recovery plan could finance, adding that over 800,000 jobs would be created in the next two years by the measure...
Labels: infrastructures funds
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