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Monday, November 25, 2024

$3.5 billion bond approved to repair Michigan roads and bridges

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The state of Michigan is one step closer to borrowing $3.5 billion to fix its roads, according to AP News

The State Transportation Commission is working with Gov. Gretchen Whitmer on her five-year plan to improve roads and bridges in the state. It will increase spending from $3.8 billion to $7.3 billion, a plan Whitmer said will become more cost-effective in the future.

“Over the long haul, we believe we will actually be saving money as a result of this,” said Gov. Whitmer, according to AP News. “It’s an important component of any strategy to fix a crisis as big as the one that we’re confronting.”

Still, not everyone is sold on the pricey plan. State Senate Majority Leader Mike Shirkey (R-Clarklake) said, “I’m concerned that we’ve now got people convinced that she’s magically found money that can take care of roads, and that’s not the case at all.”

The project is slated to add or grow 122 projects and repair highways and roads that have the most economic impact on the state. Nearly 75% of the project is expected to be completed during the five-year plan.

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