Obama releases $26.6 billion for infrastructure projects

President Barack Obama has announced the release of $26.6 billion from the American Recovery and Reinvestment Act (ARRA) to states and local transportation authorities to repair and build highways, roads and bridges. The President was joined by Vice President Joe Biden and U.S. Transportation Secretary Ray LaHood at a ceremony this week to announce the release of the funds.   According to the Dept. of Transportation (DOT), state highway departments across the country have already identified over 100 transportation projects, totaling more than $750 million, for which construction can start within the month. Each proposed project must be ...

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January 2010

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