Wednesday, September 10, 2008

Other states slowing down in light of federal funding problems

Arizona is putting as much as $171 million in new federally-funded highway projects on hold because of the uncertainty that the federal funds will be available.

Arkansas is delaying taking bids on a $24 million project to rebuild an I-40 interchange for the same reason. According to KFSM-TV:

U.S. Transportation Secretary Mary Peters says her agency would delay and even cut back payments for state road and bridge construction nationwide because the federal Highway Trust Fund had been depleted. The federal government typically covers 80% of the costs of a project on all highways.

Wisconsin seems ready to rush forward with its $1.9 billion North-South I-94 boondoggle. Who's going to foot the bill if the federal money isn't there?

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