Stimulating the Infrastructure $130 billion of construction spending-1
Secretary of Transportation Ray LaHood requests action by the Nation’s Governors to make certifications and other assurances that the funding made available under the Recovery Act will be spent for worthy infrastructure projects. Certification is necessary to permit the timely release of funds.
Fixing a looming problem in the Highway Trust Fund–at least for now–President Obama has signed legislation providing a $7-billion infusion for the trust fund’s highway account. The additional money, which will be transferred from the general fund, is expected to keep the account solvent through Sept. 30 or perhaps a bit longer.
Authorization of the Federal Aviation Administration expired in September 2007. Since then, the FAA – including aviation infrastructure programs – has been operating under a series of short-term extensions. The House is tentatively scheduled to vote on reauthorization legislation (H.R. 915) Thursday, May 21.
California Governor Arnold Schwarzenegger advocates for a high-speed rail system to modernize US infrastructure, which he considers to be on par with that of a developing country. He says, “Our trains go the same speed today as they were 100 years ago,” Schwarzenegger says. “So where is the progress?”
Analysis of the signed $787-billion stimulus bill which includes $130 billion of construction spending.
WASHINGTON, D.C. — The American Wind Energy Association (AWEA) announced that the wind industry broke all previous records by installing nearly 10,000 megawatts of new generating capacity in 2009. The…