Infrastructure gap reaches $5.6 trillion: Trade group

The Hill

BY NIV ELIS

January 12, 2021
 
 America's infrastructure gap has reached to $5.6 trillion, according to the trade group American Society of Civil Engineers (ASCE).
 The group said the gap is a problem that, unaddressed, could lead to the loss of 3 million jobs over two decades.
 "When we fail to invest in our infrastructure, we pay the price," said ASCE Executive Director Tom Smith.
 The group in its annual report card outlined how much infrastructure investment is falling behind. Of the $13 trillion in investment the country needs, only $7.3 trillion is expected, leaving a $5.6 trillion gap. There was a $100 billion increase in the gap of surface transport investment alone over the past four years.

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