(The following appeared on the Journal of Commerce website on May 24, 2011.)
WASHINGTON, D.C. — The Department of Transportation’s payouts to states for construction projects under the 2009 stimulus law reached $28.2 billion as of May 13.
The DOT shoveled out $800 million to states from mid-April to mid-May for completed work that the DOT backed with funds from the American Recovery and Reinvestment Act. Since the start of this year, the DOT has sent the states $3.4 billion in ARRA project reimbursements, according to figures reported on the government’s Recovery.org Web site tally.
Full story: www.joc.com