"Ready-to-Go" Transportation Projects Identified for Potential Jobs Bill
Congress may soon be considering a second stimulus package to spur job creation. House Transportation Committee Chairman James Oberstar on Wednesday called for at least $69 billion in new federal spending on highway and transit projects as part of this bill to address a looming shortfall in transportation funding.
This came the same day that the American Association of State Highway and Transportation Officials (AASHTO) and the American Public Transportation Association (APTA) identified thousands of "ready-to-go" projects that could be funded under such legislation. AASHTO identified 9,500 highway, bridge, transit, port, rail, and aviation projects worth more than $69 billion, including $9.8 billion for transit projects. By surveying transit agencies nationwide, APTA identified more than $15 billion in public transportation capital projects that can be started in 90 days.
The Transport Politic and Streetsblog Capital Hill provide some analysis.