Rebuilding America’s Infrastructure
President Obama and Transportation Secretary LaHood have announced that $27 billion in American Recovery and Reinvestment Act (ARRA) funds are headed to states to provide critical repairs to our nation’s crumbling roads and bridges.
Parts of the allocation are set aside to make sure that urban, suburban, and rural areas alike all get a share. But since local leaders — mayors and governors — know their communities best, much of the money is left to states’ discretion. And if states don’t use it, they lose it. To make sure that funds go out quickly to give our economy the jolt it needs, states have 120 days to assign the funds to specific projects.