East Asia is spending tons of money on infrastructure development, while they are relegated to low priority in America.
Just a thought.
http://seattletimes.nwsource.com/htm...2_roads06.html
Just a thought.
Washington projects could be affected as federal fund for roads runs dry
The federal highway trust fund will run out of money this month, requiring delays in payments to states for transportation construction...
By The Associated Press and the Los Angeles Times
WASHINGTON — The federal highway trust fund will run out of money this month, requiring delays in payments to states for transportation construction projects, Transportation Secretary Mary Peters said Friday.
The trust fund — used to help pay for highway and bridge projects — will run about $200 million short of its commitments for the fiscal year, which ends Sept. 30, Peters said.
The shortfall will mean short delays — and in some cases a temporary reduction — in payments to states for infrastructure projects the federal government has agreed to help finance.
Although the fund started with a $8.1 billion balance in October 2007, transportation officials said revenue for the past year was $8.3 billion below what the government had committed to spend.
The federal highway trust fund will run out of money this month, requiring delays in payments to states for transportation construction...
By The Associated Press and the Los Angeles Times
WASHINGTON — The federal highway trust fund will run out of money this month, requiring delays in payments to states for transportation construction projects, Transportation Secretary Mary Peters said Friday.
The trust fund — used to help pay for highway and bridge projects — will run about $200 million short of its commitments for the fiscal year, which ends Sept. 30, Peters said.
The shortfall will mean short delays — and in some cases a temporary reduction — in payments to states for infrastructure projects the federal government has agreed to help finance.
Although the fund started with a $8.1 billion balance in October 2007, transportation officials said revenue for the past year was $8.3 billion below what the government had committed to spend.
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