Greg Abbott Unveils Texas Infrastructure Plan
Greg AbbottGovernor Greg Abbott Announces Major Texas Infrastructure Initiative Amid Rising Population Growth
Austin, TX – June 10, 2024
Texas Governor Greg Abbott unveiled a sweeping $50 billion infrastructure plan today aimed at addressing the state’s rapidly growing population and strained transportation systems. The initiative, dubbed 'Texas Future Ready,' will focus on expanding highways, modernizing public transit, and bolstering energy grid resilience following the devastating winter storms in recent years.
Speaking at a press conference in Austin, Abbott emphasized that the plan is critical to maintaining Texas’s economic dominance. 'Texas is the fastest-growing state in the nation, and we must ensure our infrastructure keeps pace,' Abbott said. 'This investment will create jobs, reduce congestion, and secure our energy future.'
The proposal includes:
$30 billion for road and highway expansions, including high-priority projects in Dallas, Houston, and Austin.
$10 billion for grid modernization, including incentives for renewable energy integration.
$5 billion for broadband expansion in rural areas.
$5 billion for water infrastructure improvements amid ongoing drought concerns.
Critics, including some Democratic lawmakers, argue the plan relies too heavily on public-private partnerships and could lead to toll road expansions. Meanwhile, business leaders and Republican allies have praised the move as necessary for sustaining Texas’s booming economy.
The proposal now heads to the state legislature, where Abbott hopes to secure bipartisan support. If approved, construction could begin as early as 2025.
— Reported by Sarah Martinez, The Texas Tribune
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