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Government Capital Investment Plan

Tuesday, October 16, 2012

Governor's Capital Investment Plan to Pump Billions into Infrastructure, Education

The administration says the plan will spur significant job growth and pave the way for long-term growth.

  Gov. Deval Patrick released his five-year capital investment plan, which heavily invests in infrastructure, housing and education, calling for $3.27 billion in spending next year. The lion's share of the 2013 cash – more than $1.8 billion – will go toward transportation and public works. Large chunks of that will go toward the Central Artery Tunnel Project, Chapter 90 municipal road and bridge projects, building a green line extension into Somerville and improving rail service between Boston and Worcester.  The administration is also directing $592 million toward capital asset management, with nearly half of that directed toward higher education.  "These investments will ensure that we continue on the path to economic recovery by laying …

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