Setting the Record Straight: Recovery Act Investments in Highways & Transit
Posted on January 9th, 2010
Today, the Associated Press released an analysis of the American Recovery and Reinvestment Act on the impact of the highway and transit investments. These investments are creating and saving jobs as planned, but the AP focused instead on local overall unemployment rates. By doing so, the AP ignored the jobs created and saved by the Recovery Act, ignored the fact that the Recovery Act has offset cuts in state and local infrastructure spending, and ignored that unemployment would be worse without these critical investments. According to data reported by the House Transportation & Infrastructure Committee, through November 30, the highway and transit investments in the Recovery Act have:
Created or saved 250,000 direct, on-project jobs through highway transit formula program funds and resulted in $1.3 billion in payroll expenditures.
Tags: Highways Transit, Transit
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