Wednesday, February 25, 2009

Obama Signs Stimulus Bill

At and event in Denver, Colorado, President Obama signed the American Economic Recover and Reinvestment Act (H.R. 1). The bill provides about $787 million for a variety of programs. Some of the highlight for infrastructure programs include:

-Clean water state revolving fund, $4 billion
-Drinking water state revolving fund, $2 billion
-Community development block grants, $1 billion
-Highways, $27.5 billion
-AMTRAK projects, $1.3 billion
-High speed rail corridors & intercity passenger service, $8 billion
-Rail modernization, $750 million
-Transit capital assistance, $6.9 billion
-Fire station grants, $210 million

Related articles and posts:
House Passes Stimulus Bill
Obama signs stimulus bill with $2B for drinking water

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