Paterson: NY ready to build
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- December
- 30
In a 10-page letter to President-elect Barack Obama and Vice President-elect Joseph Biden this week, Gov. David Paterson proposes how New York and the nation could benefit from billions of dollars he wants them to include in their economic-stimulus package. In an $800 billion package, $500 billion would be for Medicaid, unemployment insurance, food stamps, welfare assistance, child care and flexible education block grants to states.
The remaining $300 billion would be for investments in infrastructure. For each $1 billion invested, an estimated 30,000 are created That would mean 351,000 jobs in New York, Paterson wrote. New York has at least 1,922 infrastructure projects totaling $11.7 billion that can be ready to begin within six months of receiving federal money.
This is the breakdown of ready-to-go projects in New York:
—Transportation infrastructure, 382 projects, $3.66 billion
—Wastewater infrastructure, 92, $1.35 billion
—Clean water infrastrucutre, 7, $132.6 million
—State parks infrastrucutre, 31, $35.3 million
—K-12 school consruction, 737, $966.1 million
—Higher ed school construction, $245, $2.64 billion.
—Affordable houisng, 202, $192.97 million
—Broadband infrastructure, 9, $8.46 million
—Health information technology, 7, $1.3 billion
—Energy infrastrucutre and green jobs, 210, $1.42 billion.
(AP photo)
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on Tuesday, December 30th, 2008 at 11:03 am by Cara Matthews.
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Jay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0. 
Cara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them. 
