McDonnell wants $400 million for roads
Gov. Robert F. McDonnell announced Thursday that he will ask the legislature to spend $400 million immediately on roads and bridges while borrowing an additional $2.9 billion over the next three years for transportation.
McDonnell wants to spend $150 million from last year's budget surplus and $250 million recouped from an audit of the Virginia Department of Transportation as well as issue two bonds totaling $2.8 billion.
"Over the past two decades, state support for transportation has not kept up with our growth as a Commonwealth. This has led to more congestion, longer commutes and missed economic opportunities,'' McDonnell said. "That trend must be reversed, and this is the time to do it. By putting $4 billion into transportation over the next three years, we will continue that progress, and get more Virginians back to work in the process.''
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