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DOT 25-09
Contact: Jill Zuckman, Tel.: (202) 366-4570
Tuesday, March 3, 2009
President Obama Marks Historic
Transportation Investment
Vice President Biden, Secretary LaHood Join in Ceremony at DOT
Washington, D.C. – President Barack Obama, joined by Vice President Joe Biden
and U.S. Transportation Secretary Ray LaHood, today marked the release of $26.6
billion from the American Recovery and Reinvestment Act (ARRA) to states and
local transportation authorities to repair and build highways, roads and
bridges. The release of the funds came eight days earlier than required by law
and took place before more than 500 headquarter employees at the U.S. Department
of Transportation.
“This investment in highways will create or save 150,000 jobs by the end of next
year, most of them in the private sector,” President Obama said. “The jobs that
we're creating are good jobs that pay more than average; jobs grinding asphalt
and paving roads, filling potholes, making street signs, repairing stop lights,
replacing guard rails,” he added.
“I've always believed that the toughest moments present the biggest
opportunities, and clearly, the President of the United States feels that way,
as well,” Vice President Biden said. “With this recovery package, we'll be
creating jobs, saving jobs, and putting money in people's pockets.”
“President Obama is keeping his promise to the American people and he is doing
it ahead-of schedule,” said Secretary LaHood. “This is a long-overdue investment
in our transportation infrastructure and in jobs for Americans.”
Secretary LaHood noted that some of the money would be used the same day at a
site in Montgomery County, Md., where crews had just started road repairs on a
one-mile stretch of Route 650.
State highway departments have already identified more than 100 other
transportation projects across the country, totaling more than$750 million,
where construction can start within the month. That number is expected to grow
substantially as more states submit certifications and begin to receive project
approvals.
Each proposed project must be approved by the department’s Federal Highway
Administration (FHWA). Each state’s governor must certify that their proposed
projects meet certain conditions and that the state will use ARRA funds in
addition to, and not to replace, state funding of transportation projects. The
U.S. Department of Transportation will monitor state compliance and track job
creation. The projects will be web-posted for the public to see with information
on projects accessible at www.recovery.gov.
At the ceremony the President unveiled new logos for government-wide projects
completed under the ARRA and the Transportation Investments Generating Economic
Recovery (TIGER) logo for transportation projects completed under the ARRA.
Those attending the signing ceremony at the Department of Transportation were
members of the team Secretary LaHood created to oversee disbursement of the
money and ensure that all transparency and accountability requirements are being
met. Known as the Transportation Investment Generating Economic Recovery (TIGER)
team, it is composed of officials from across the Department’s operating
administrations and offices and is co-chaired by Lana Hurdle, deputy assistant
secretary for budget and programs, and Joel Szabat, deputy assistant secretary
for transportation policy.
President Obama’s visit marks the first by a sitting U.S. President with his
Vice President to Department of Transportation headquarters. President Obama is
the third sitting President to visit the department, following Presidents George
W. Bush in 2008, and Ronald Reagan in 1981.
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