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Stimulus Funds * USA - Supports 10,000 Transport Projects
State agencies approved transportation construction under ARRA
Washington,DC,USA -The Journal of Commerce Online, by John D. Boyd -Nov 12, 2009: -- The economic stimulus law has now racked up more than 10,000 transportation construction projects that it is backing, according to Vice President, Joseph Biden, and Transportation Secretary, Ray LaHood... They said state agencies this week reported they had approved 10,041 projects for funding under the American Recovery and Reinvestment Act... Most stimulus projects aided by the Department of Transportation go to highways and bridges, initially for quick-start repairs and resurfacing but increasingly for more lengthy construction including new lanes or bridge structures... The law was approved by Congress and signed by President Obama in February. DOT first had to go through state project applications. Once it OK’d them, states could begin lining up construction crews for the immediate repairs or bring in engineers to plan for new projects... Despite persistent criticism that the DOT is not pushing the stimulus work fast enough, especially with the jobless rate now at 10.2 percent and still rising, the administration says it has already created or saved over 1 million jobs with Recovery Act spending...
Labels: governments stimulus funds
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