A Reality Check earlier this week has gained national attention after we explained that despite being the President's backdrop, the Brent Spence Bridge is not a shovel ready project.
But a local city councilman says the timetable for the Brent Spence isn't the only problem. There isn't enough money in the President's job act to cover the bridge at all.
President Obama used the bridge as his back drop during Thursday's speech, but for little else. The President only referred to the bridge twice during his speech, and both times without giving any specifics.
Before the president's speech, Cincinnati city councilman Wayne Lippert put out a press release saying the American Jobs Act falls short of funding the Brent Spence project.
"The jobs bill allocates 50 billion dollars to transportation but if you peel apart the onion and look, only 25 billion goes to bridge and other infrastructure projects. Of that 25 billion, Ohio under the formula is slated to north of 900 million," said Lippert.
That is true.
It appears that $50 billion will go to infrastructure projects. Councilman Lippert was correct saying that half of that number will actually go to transportation and port infrastructure projects. Section 241, Subsection C explains that only $27 billion will go toward bridges and highways.
When you first read the American Jobs Act, it appears that $50 billion will go to infrastructure projects.
Councilman Lippert was correct saying that half of that number will actually go to transportation and port infrastructure projects.
Section 241, Subsection C.of the American Jobs Act explains that only $27 billion will go toward bridges and highways.
"The Transportation Department devised a formula that allocates a percentage for every state," said Lippert. "Under that formula Ohio would receive just north of $918 million under that formula that the transportation department has."
That is also true.
The program used by the feds to determine how those funds are distributed to the states is called the SAFETEA-LU, or the Safe Accountable Flexible Efficient Transportation Equity Act. Using it's formula to break down the $27 billion, Ohio would receive around $918 million and Kentucky would get $400 million.
Here's what you need to know.
If put those totals together, that would mean if the state of Ohio used its entire allotment of $900 million and Kentucky used its entire allotment of $400 million, that would total $1.3 billion.
That's still a billion short of the $2.4 billion price tag on the bridge.
Which means this project isn't just not shovel ready, it's underfunded.
And that is Reality Check.@
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