Quote of the Day
"The U.S. economy expanded at a faster clip than initially forecast in the third quarter, helped by more robust consumer spending and by stronger exports. The economy grew at a 2.5% annualized pace in the quarter, revised up from the initial estimate of 2.0%, the government said in its second estimate of quarterly gross domestic product. GDP growth was 1.7% during the second quarter.”
- Wall Street Journal’s MarketWatch, 11/23/2010
For Release: Friday, July 29, 2005
Contact: David Gillies: 202-225-5661
COSTELLO SAYS TRANSPORTATION BILL GOOD FOR ILLINOIS AND OUR AREA
Washington - U.S. Congressman Jerry Costello (D-IL) today applauded House approval of H.R. 3, the final version of legislation to reauthorize the nation's highway and transit systems. The $286.4 billion dollar bill will result in a significant increase in highway spending for the State of Illinois, an average of $309.15 million annually, or 33.4% per year over the current level of funding. In addition, Illinois will receive a $532 million increase in transit funding over the next five years. Costello also secured $150 million for the new Mississippi River Bridge, bringing total funding in the bill for the project to $240 million.
"This is a great bill for Illinois and I am glad to bring this process to a close," Costello said. "In addition to the large increase in the State's annual funding, we have secured funds for the new Mississippi River Bridge and many local projects. I want to thank the entire Bi-State Congressional delegation for their work on this legislation. It is another testament to what we can accomplish when we work together."
The bill also includes $40 million for road and infrastructure projects in the Mississippi Delta region, including the lower 16 counties in Illinois. Costello has been a strong supporter of the Delta Regional Authority, the federal agency which will administer the funds.
Projects in the 12th Congressional District: |
|
| Complete Heavy Truck Loop for DuQuoin Industrial Park |
$500,000 |
Resurface Shawnee College Road, Pulaski County |
$1,261,000 |
Resurface Yellow Banks Road, Franklin County |
$320,000 |
Widening two blocks of Poplar St. from Park Ave to 13th Street, Williamson County |
$384,000 |
Road Extension for Redco Drive to Skyline Dr., Williamson County |
$800,000 |
Construct Reed Station Parkway Extension to IL Rt. 3, Carbondale |
$1,655,004 |
Offramp and overpass from I-57 outside of Marion and necessary connector roads |
$4,000,000 |
Entry Road to SIU Research Park |
$1,000,000 |
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