Recovery Act

New Jersey Transit has broken ground on what may be the nation's most costly transit project: a commuter rail tunnel under the Hudson River to a new Penn Station Expansion that, to the chagrin of transit advocates, will not connect to Penn Station.

It was hailed as the solution to America's infrastructure spending deficit, but the influx of private funds has come to halt along with the failure of banks and the huge investment from the Recovery Act. Plus, many schemes aroused taxpayers wrath.

The transportation reauthorization bill will be hotly debated this fall on at least two fronts - finding a sustainable funding source and apportioning the revenues. The 18.4 cent gas tax, its funding source, declined 33% due to inflation since 1993.

Notwithstanding a $24.3 billion state budget deficit, CA is well-positioned to receive at least 10% of the Recovery Act funding for high speed rail, says Biden. Two corridors in southern and northern CA have been identified for funding.

Regional bus service will commence for the first time between Miami and Broward County with the completion of the I-95 Express (HOT) Lanes. Recovery Act funds provided for new diesel-hybrid and articulated buses, GPS and shelters.