White House Offers States $472 Billion for Transportation Projects

The Obama administration has offered states $472 million in federal funding for use toward any transportation construction that had previously been designated for specific projects.

Separately, it issued a second list of major projects to be expedited by having the federal agencies involved speed the permitting and review process.

President Obama said Friday the funding being offered would create construction jobs and make critical infrastructure improvements in almost every state.

鈥淢y administration will continue to do everything we can to put Americans back to work,鈥 the president said in a statement. 鈥淲e鈥檙e not going to let politics stand between construction workers and good jobs repairing our roads and bridges.鈥



The money comes from funds Congress had set aside to pay for 鈥渆armarks鈥 from 2003-06. Congress specified at that time future presidents could use the funding if it was not used as planned.

The earmarked funds were never used for a wide variety of reasons, Transportation Secretary Ray LaHood told reporters. Sometimes states canceled or delayed the projects due to opposition or insufficient funding. Other projects were paid for through other funding mechanisms, he said.

鈥淭hese idle earmarks have sat on the shelf as our infrastructure continued to age and construction workers stood on the sidelines,鈥 LaHood said. 鈥淭hat ends today. These funds need to be put to use now so we can put people back to work. We can鈥檛 wait any longer.鈥

DOT linked the release of funds to Obama鈥檚 election-year push to take action to stimulate the economy without Congress鈥 participation, which the administration has referred to as its 鈥渨e can鈥檛 wait鈥 initiative.