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State DOTs get $48.8 billion in highway funds

U.S. Transportation Secretary Ray LaHood announced Wednesday that $48.8 billion in highway funds is now available to state departments of transportation for federal projects through the Hiring Incentives to Restore Employment Act.

The HIRE Act, which was signed into law last month, included a provision that extended funding authority for surface transportation programs through Dec. 31, 2010. The law provides $40.1 billion from the Highway Trust Fund for highway programs for 2010.

In addition, the HIRE Act restores $8.7 billion to state DOTs that was rescinded last year due to a provision in legislation enacted in 2005.

One comment

  1. Show me the Construction Jobs..

    Is this more B S …….

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