Michigan officials are delaying future road projects because of dwindling revenue
LANSING (AP) -- Michigan officials are delaying future road projects because of dwindling revenue.
The Michigan Department of Transportation says in a recent report that lack of money has forced it to consider dropping more than 100 road projects and a similar number of bridge projects off the drawing board from 2010 through 2014.
The state could lose hundreds of millions in federal highway dollars each of the next five years because it can't raise enough to receive all its matching funds.
It could go from spending more than $1.4 billion annually on highways this year with the help of federal stimulus money to less than $600 million three out of the next four years, costing thousands of highway jobs.
Road builders said Monday that lawmakers need to raise more money soon.
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