North Texas roads could be getting a considerable revamp as North Texas may be eligible for a large amount of federal stimulus money for public works and infrastructure according to an NBC 5 DFW article from March 31st. In it they say:
“North Texas transportation planners and contractors are gearing up for a big windfall from the infrastructure stimulus spending President Biden unveiled Wednesday.
Members of Congress are debating how large the spending should be, but most agree an infrastructure improvement plan of some size is necessary.
North Texas would be eligible for a large amount.
The North Central Texas Council of Governments maintains a long list of potential transportation projects.”
The stimulus money is part of a larger federal infrastructural project aimed to boost the country’s economic output according to a Business Insider article from April 2nd. In it they say:
“President Joe Biden’s infrastructure proposal can permanently lift the country’s economic output and drive stronger growth for years after the recovery, Robert Kaplan, president of the Federal Reserve Bank of Dallas, said.
The president rolled out the American Jobs Plan in a Wednesday speech, marketing the measure as a critical next step for his plan to revive the US economy. The $2.3 trillion spending package includes investments in traditional infrastructure like roads and bridges, nationwide broadband, clean water, and affordable housing.”
This is a huge windfall for planner and contractors across the country, but especially in North Texas.
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