Friday, June 26, 2009

WH: Missouri Has Tapped 72% of Highway Stimulus


The White House announced Thursday that Missouri has already put to work 72 percent of its stimulus dollars for highway projects.

That amounts to about $320 million dollars. Under the stimulus law, states are required to use 50 percent of their highway funds by June 29, 2009.

"By delivering on these projects ahead of schedule and under-budget, we have been able to do even more than we expected -- create more job opportunities more quickly," said Vice President Joe Biden in a statement.

"Every state not only met the 12o-day deadline, they beat it," said Transportation Secretary Ray LaHood. "This is a testament to the fact that we're putting money out there and quickly helping to get the economy back on track."

Missouri's largest stimulus project is the New Madrid-Pemiscot I-55, a 44-mile long pavement of north and southbound lanes.

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