News10: California Infrastructure Projects Restarted (CA)
From News10:
The better-than-expected sales of Build America Bonds by the state will allow more than 5,000 infrastructure projects to get underway again, Gov. Schwarzengger announced Wednesday. The projects, ranging from transportation to school construction to parks, were halted in December 2008 with California facing a nearly $42 billion budget deficit. Investors bought $6.85 billion in bonds, including $5.2 billion in Recovery Act-backed (the federal stimulus package passed in February) bonds. The federally-backed bond money will be designated for the stalled projects and those that have been proceeding without state fundings.
-
William Millar, former President of the American Public Transportation Association Get The Facts
“Increased use of public transportation is the single most effective way to reduce America's energy consumption, and it does not require any new taxes, government mandates or regulations.”
-
Kentucky
Jerry Abramson
Former Mayor, Lousiville
View All
