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UNITED STATES HOUSE OF REPRESENTATIVES COMMITTEE ON TRANSPORTATION AND INFRASTRUCTURE

EXECUTIVE SUMMARY

The transportation and infrastructure investments provided by the American Recovery and Reinvestment Act of 2009 (P.L. 111-5) (Recovery Act) have been a tremendous success. These investments have helped stem the tide of job losses from the worst economic crisis facing the nation since the Great Depression.

Of the $64.1 billion provided for transportation and infrastructure programs under the Recovery Act, Federal, State, and local agencies administering programs within the Committee’s jurisdiction have announced 19,754 transportation and other infrastructure projects totaling $62.8 billion, as of August 13, 2010. This amount represents 98 percent of the total available funds. Within this total, Federal agencies, States, and their local partners have obligated $51.9 billion for 19,488 projects, representing 81 percent of the available funds.

The following transparency and accountability information demonstrates the successful implementation of Recovery Act highway, transit, and wastewater infrastructure formula fund investments: Of the $38 billion available for highway, transit, and wastewater infrastructure formula program projects under the Recovery Act, $35.1 billion, or 93 percent, has been put out to bid on 19,037 projects, as of July 31, 2010. Within this total, 18,473 projects (totaling $34.1 billion, or 90 percent) are under contract. Across the nation, work has begun on 17,820 projects totaling $33.3 billion, or 88 percent. Within this total, work has been completed on 7,889 projects totaling $6.3 billion.

During the first year of implementation (February 17, 2009, through February 28, 2010), these projects created or sustained nearly 350,000 direct, on-project jobs.  Total employment, which includes direct, indirect, and induced jobs, reached almost 1.2 million jobs.

Direct job creation from these projects has resulted in payroll expenditures of $3.6 billion. Using this data, the Committee calculates that $586 million in unemployment checks have been avoided as a result of this direct job creation. During June 2010, the Recovery Act created or sustained 84,000 direct, on-project jobs. Total employment, which includes direct, indirect, and induced jobs, reached 290,000 jobs. Furthermore, these direct jobs have caused nearly $741 million to be paid in Federal taxes.

Download full report (PDF): ARRA Status

About the House Committee on Transportation and Infrastructure
www.Transportation.House.Gov
“The Committee’s legislative priorities this year include authorization of surface transportation programs; reauthorization of the Federal Aviation Administration (FAA), the Economic Development Administration (EDA), selected provisions of the Clean Water Act and the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), the Coast Guard, and the Federal Emergency Management Agency; and enactment of a water resources development act.”

Tags: American Recovery and Reinvestment Act, ARRA, Committee on Transportation and Infrastructure, House of Representatives, James Oberstar

This entry was posted on Thursday, September 9th, 2010 at 6:19 pm and is filed under Accountability, Employment, Funding, Infra Views, Jobs, National, Policy, Recession, Recovery . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.