Today Democrats in the US House unveiled a $825 billion stimulus plan that includes $30 billion for highway construction and $10 billion for transit. The rest of the money goes a tax cut ($500 for individuals and $1000 for families), to education, aid to states and unemployment benefits. A comittee summary of the bill is here (pdf).
If this is the bill as it gets passed, I’ll be very disappointed. Only about $1 billion will go to New Starts projects. The New Starts program is the funding mechanism that the FTA uses to give grants to projects like U-Link, Central Link or Portland’s Max. The bill has just $1.1 billion for intercity rail. There is a $31 billion provision for making our infrastructure more “energy efficient”, though that would likely be smart power grids and not transportation.