Thursday, August 20, 2009

$4.8 Million Headed To N.J. Transit

New Jersey is getting another installment of economic stimulus money, this time to buy buses. NJ Transit will use the $4.8 million to buy 39 buses, U.S. Transportation Secretary Ray LaHood said today. The money is part of the $787 billion economic stimulus package President Barack Obama signed into law in February. Of that amount, $48 billion has been set aside for road, transit, bridge, airport and other transportation projects. Thus far, $25 billion has already been allocated for 7,700 projects. Nearly $6 billion worth of grants has been distributed just for transit projects nationwide, LaHood said in a statement. APP

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