Federal DOT Stimulus Spending Hits $45.5 Billion

The U.S. Department of Transportation's total of obligated funds from the 2009 economic stimulus package reached $45.5 billion as of April 8, closing in on the $48.1 billion total it was authorized to spend.

Most of the remainder is left in rail project grants, for which the department took applications through April 4. Last week's budget deal for 2011 also called back $400 million in rail grants from 2010 that were not yet awarded, but left the 2009 stimulus grant funds alone.

(More at The Journal of Commerce online . . . )

 

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