Austin, Tex. – Segments of two Interstate highways in Texas are part of only six routes to be selected for a new federal program to develop multi-state transportation corridors. Interstate 69 from Texas to Michigan and Interstate 10 from California to Florida were selected by the U.S. Department of Transportation as part of its "Corridors of the Future" program, which the USDOT says is aimed at developing innovative national and regional approaches to reduce congestion and improve efficiency of freight delivery.
It is also recognition that traditional federal funding sources cannot cover the cost of delivering this important new Interstate. Estimated cost of the multi-state project is $17 billion. The Texas segment accounts for $6 billion of that estimate. The Texas segment of I-69 is being developed as part of the Trans-Texas Corridor (TTC-69), a multi-use transportation system that includes roads, rail and utilities, extending from Northeast Texas to Mexico. The USDOT is offering $800,000, divided between Texas and seven other states, to be used for an I-69 innovative financing study.
Texas is also eligible to split $8.6 million with seven other states to reduce congestion on I-10 from California to Florida. Final agreements are expected to be signed by next spring between the states and the Federal Highway Administration.
Trans-Texas Corridor PING!
>Estimated cost of the multi-state project is $17 billion.<
What was the estimated cost of an actual fence along the border, anybody know?