Stimulus package could send $10B to Missouri

Missouri could receive as much as $10 billion from the federal economic stimulus package that President Obama is expected to sign later today.

The latest estimate comes from the Center for American Progress, a liberal think tank that has projected stimulus allocations per state based on 2007 gross state products. The center's estimates represent 69 percent of the $787 billion package, which means additional dollars could make their way to the Show-Me State via grants and other funding formulas.

The White House estimates the package will save or create up to 3.5 million jobs, including 69,000 in Missouri, in the next two years.

Obama is expected to sign the federal stimulus bill - known as the American Recovery and Reinvestment Act - at about 1:30 p.m. Central time in Denver.

The Missouri Department of Transportation is ready act upon Obama's signature - officials released a list of projects totaling $969 million that MoDOT is prepared to roll out if federal funds become available. The list includes $35 million for the widening of U.S. Highway 65 between Interstate 44 and James River Freeway, and $81 million for urban transit agencies including Springfield. Download the complete list below.[[In-content Ad]]