American infrastructure has barely maintained a below-standard grade of “D+” over the last four years, according to the American Society of Civil Engineers.
In its “Infrastructure Report Card” issued every four years, the engineering group forecast that it would cost about $4.590 trillion over the next decade to bring the country’s roads, bridges, public schools and ports up to a safe, functioning level, about $2.064 trillion more than what governments and the private sector are ready to spend.
The association, based in Reston, Va., called for infrastructure investment to increase from the current level of about 2.5% of U.S. gross domestic product to 3.5% by 2025.
“When it comes to your infrastructure you should be worried,” said Norma Jean Mattei, 2017 president of ASCE. “President Trump is onto something as he calls for a new program of national rebuilding.”
President Donald Trump has promised to increase infrastructure investment partly as a way to spur job growth. In his recent address to Congress, Mr. Trump said he would propose legislation aimed at generating a $1 trillion investment in U.S. infrastructure, financed through both public and private capital.
Aging infrastructure continues to create problems for communities around the country, from lead pipes contaminating the water supply in Flint, Mich., to U.S. ports struggling to handle larger volumes and a recent crisis at the Oroville Dam in northern California, where heavy rains almost caused a spillway to give way and about 200,000 people had to be evacuated.
The association’s infrastructure team looked at 16 infrastructure categories and found some areas grew worse in the last four years while other areas improved slightly. CONTINUE AT SITE