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STIMULUS FUNDS * USA - DOT Spending Nears $5 Billion
More projects approved totaling $30 billion, mostly for roads
Washington,DC,USA -The Journal of Commerce Online, by John D. Boyd -Nov 10, 2009: -- The Department of Transportation by Oct. 23 had approved $30 billion in project spending under the stimulus law, and cut checks totaling $4.85 billion... That payout level was up from $3.65 billion at the end of September, DOT said, and reflected weekly disbursements in the range of $300 million... Most of DOT’s stimulus spending is through the Federal Highway Administration, which last week said its total for approved projects topped $20 billion. That represented more than 75 percent of the $26.6 billion set aside under the American Recovery and Reinvestment Act for spending on quick-start highway and bridge projects... (Photo from hawaii-kau: Hawaiian Ocean View Estates -HOVE-)
Labels: governments stimulus funds
posted by Unknown @ 4:10 AM
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