On Monday President Barack Obama said he believes his economic stimulus plan is beginning show fruits and more than 2000 transportation infrastructure projects have received approval.
We are seeing police departments canceling planned layoffs and plans are underway to modernize our airports, high speed rail networks, Obama said at the Department of Transportation, MarketWatch reported.
Obama's economic recovery plan - officially called the American Recovery and Reinvestment Act -- allocates $48.1 billion for transportation infrastructure projects, which are to be administered by the Transportation Department.
A portion of this funding is allocated to Amtrak, Federal Aviation Administration facilities and shipyard infrastructure improvements.
These projects are all overseen with an inspector set up according to the legislation in charge of overseeing all the infrastructure projects.