Voted in: Billions for Projects, Industry Execs to Congress

摘要

Infrastruct0ure projects could get a cash boost from Nov. 6 voting, with about $3.2 billion in state measures and some $36 billion in local initiatives passed, according to analyses and media reports. The American Road & Transportation Builders Association says 68% of its tracked measures passed, totaling $2.4 billion for road upgrades, including a tax hike in Arkansas set to raise $1.3 billion over 10 years. Among local measures approved was a sales-tax hike in Orange County, N.C., set to raise $661 million over 30 years. New Jersey voters said yes to $750 million for higher education, and those in Connecticut OK'd $800 million in borrowing to continue a $2.1 -billion sewerage upgrade. Casino expansion passed in Maryland and Rhode Island. Despite concerns about debt, voters OK'd $5.4 billion of $6 billion in municipal measures in Texas and $12.8 billion of $14.8 billion in California, mostly for schools.