In The News
LaHood creates USDOT economic team
U.S. Transportation Secretary Ray LaHood
today, Feb. 4, announced he has created a team at the U.S. Department
of Transportation to coordinate USDOT's role in President Obama’s
economic recovery program. The team's goal is to ensure that economic
recovery funding is made available rapidly for transportation
infrastructure projects and that project spending is monitored and
transparent.
The team, known as the Transportation Investment
Generating Economic Recovery (TIGER) team, is composed of officials
from across USDOT's operating administrations and offices. The team is
co-chaired by Lana Hurdle, deputy assistant secretary for budget and
programs, and Joel Szabat, deputy assistant secretary for
transportation policy.
“We created the TIGER team to make sure
that DOT’s portion of recovery funding goes out to states and
localities as quickly as possible in order to immediately create jobs
and strengthen our economy and transportation
systems,†LaHood says.
The
team will identify and prioritize key highway, bridge, transit, rail,
aviation and intermodal spending. The team also will develop reporting
standards to accurately track the money as it is being spent and ensure
that all accountability requirements are being met.
USDOT’s
chief economist and Performance Management Office will coordinate with
the Office of Management and Budget and other White Office offices on
the performance measures that will be used to track job creation and
other indications of the impact of each infrastructure investment.