Friday, February 20, 2009
$72 million for Tennessee
A preliminary analysis by Federal Funds Information for States estimates that Tennessee will receive $72 million in transit capital grants from the American Recovery and Reinvestment Act. $51 million of that amount is for urban projects while $21 million is for rural projects. Tennessee will receive an estimated $573 million for highway and bridge projects and an overall total of $4.2 billion in ARRA money. The estimates do not include the tax incentives received by individual Tennesseans.
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