Stimulus Projects Are A-Foot
Posted by scapozzola on 04/15/2009
The Washington Post reports that the $28 billion of federal stimulus money allocated to transit and highways has already funded 2,000 separate projects around the country. And, significantly, intense competition among companies seeking projects is driving down the cost to government.
Earlier this year, when infrastructure investment was first debated, there were a number of voices of doom saying that Buy America rules would delay projects and increase costs. In fact, numerous U.S. firms have been actively bidding for projects, lining up to share in the work. According to the Post, 2,000 projects have been approved in just 41 days.
Add a comment
Related recent Blogs
- Nanette Lepore's New Shoe • by scapozzola • 05/24/2013
- May 24, 2013 Headlines: U.S.-EU trade deal exemptions, investing in U.S. manufacturing, and more. • by LRaup • 05/24/2013
- May 23, 2013 Headlines: Gains in the job market, small businesses manufacturing in the U.S.A., and more. • by LRaup • 05/23/2013
- RADIO: AAM's Scott Paul on Leslie Marshall Radio Show, May 20, 2013 • by scapozzola • 05/21/2013
- May 21, 2013 Headlines: Tensions with North Korea, a stronger WTO, and more. • by LRaup • 05/21/2013
- Quote of the Day from Caterpillar's Doug Oberhelman • by LDonia • 05/20/2013
- May 20, 2013 Headlines: Manufacturing & social media, growth of the U.S. economy, and more. • by LRaup • 05/20/2013
- President Obama visits Baltimore factory to promote infrastructure investment as a means of revitalizing the middle class • by LDonia • 05/17/2013
- It's Fashion Friday, but NoCargo carries more than just American-made clothing! • by LDonia • 05/17/2013
- May 17, 2013 Headlines: Strengthening our national security, focusing on jobs, and more. • by LRaup • 05/17/2013