Ed. Note: This is cross-posted from The Fast Lane -- the blog of the Department of Transportation.
At DOT, we know that America’s transportation infrastructure is in need of attention, while construction workers across the country remain eager to get back on the job repairing, replacing, and modernizing our roads, rails, and runways.
Over the last decade, Congress has set aside $473 million in transportation funds that were never spent. These idle earmarks have sat on the shelf as our infrastructure continues to age and fall into disrepair, and hundreds of thousands of construction workers look for work. That ends today.
I’m excited to announce that this Administration is freeing up this unspent money and giving it right back to the states so that they can spend it on the infrastructure projects they need most.
As President Obama said today, "My administration will continue to do everything we can to put Americans back to work. We’re not going to let politics stand between construction workers and good jobs repairing our roads and bridges." Forty-nine states, plus Washington, D.C., and Puerto Rico, will receive funds, giving them the flexibility to put this money toward infrastructure projects that will make a real difference in their communities.