House Democrats Release Summary of $825 billion Recovery Plan

On January 15, House Democrats along with President-elect Barack Obama’s economic team, revealed their $825 billion two-year economic recovery plan. According to a press statement released by the House Committee on Appropriations, this package is the first step in an effort to create and save millions of jobs and jumpstart the economy. The proposed package contains $275 billion in economic recovery tax cuts and $550 billion in targeted investments. These efforts include infrastructure, clean energy, education and lowering healthcare costs to name a few. The plan calls for $90 billion in infrastructure investment, which would include:

Modernizing Roads, Bridges, Transit and Waterways

• $30 billion for highway construction;
• $31 billion to modernize federal and other public infrastructure with investments that lead to long term energy cost savings;
• $19 billion for clean water, flood control, and environmental restoration investments;
• $10 billion for transit and rail to reduce traffic congestion and gas consumption:
• $3 billion for airport improvement projects.

Committee markups of the bill are expected the week of January 19. Separate legislation is being prepared in the Senate. Congressional leaders aim to have a bill to President-Elect by mid February.

APWA has posted a Legislative Alert where you can write to your members of Congress and urge them to include infrastructure investment in the recovery plan. To view the alert, go to: http://capwiz.com/apwa/home.

For more information and to view the complete Appropriations Committee summary go to www.apwa.net/DR/index.asp?ID=721.