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U.S. infrastructure needs exceed $2 trillion, American Society of Civil Engineers says

U.S. infrastructure needs exceed $2 trillion, American Society of Civil Engineers says

Transportation Today
BY LIZ CAREY  |   FEBRUARY 18, 2020   

As public spending on infrastructure declines, America will underinvest in its infrastructure by an estimated more than $2 trillion between 2016-2025, a new report from the American Society of Civil Engineers (ASCE) says.

According to the ASCE, public dollars spent on roads, bridges, water systems, and other infrastructure items fell by 8 percent between 2003 and 2017. And as the dollars spent on infrastructure fall, the damage to American pocketbooks increases.

Historically, the report said, as the United States invested in and grew its infrastructure system – in projects like the transcontinental railroad, the Hoover Dam and the Interstate Highway System – the country’s economy and quality of life also improved... FULL ARTICLE

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