Unwilling or unable to match federal contributions

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Unformatted text preview: requirements are a tough imposition on states. Unwilling or unable to match federal contributions with general revenue funds, states may be more inclined to seek funding for more road projects than for new transit projects. US High Speed Rail is key to US Competitiveness – studies/jobs Sires, Representative of the House, 11 (Albio, The Hill-blog of Congress, http://thehill.com/blogs/congress-blog/economy-a-budget/149263-making-highspeed-rail-a-national-priority; DKE) {During our nation’s prolonged period of economic challenges, it is my goal and the goal of many of my colleagues to create jobs and stimulate the economy. Investing in infrastructure is one of the most sound policy choices to meet this non-partisan objective. Studies estimate that for every $1 billion in infrastructure spending, 18,000 jobs will be created . [Infrastructure investments not only create jobs, but prepare our country for future global competition. Throughout the world, countries are investing in rails, roads, and air travel. It is important that our country is, at the very lea...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas.

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