The high cost of America's poor condition of roads and bridges

Major infrastructure projects, such as the rebuilding of the highway in Los Angeles, a hard sell to get funding for.

It's unlikely to get it.

Funding for the Ministry of transport 73 $ ?????? in 2012. This figure includes federal spending on things like roads, bridges, rail, passenger buses, waterways, ports and aviation, as well as some operating costs. It represents about 30% to 40% of what the country spent on transport infrastructure each year, with the rest coming from State, local and private sources.

Dot budget has risen steadily since 2003, when about $ ?????? 59. This is in addition to the 50 or so Government $ ?????? spent on transportation projects as part of the 2009 stimulus effort.

But many, including Obama, say that is not enough. In each of the past two years, Obama has proposed a lump sum of 50 additional $ ?????? will be used to not only roads but also railways, ports and items such as bike lanes and footpaths designed to make urban living. Both times, his pitch has signed on deaf ears.

Related: State of the Union: Obama's promises kept and broken

Even dot annually funding were fragmented. Congress funded transportation bills usually six-year increments, but the Agency had been relying on custom extensions to its budget since 2009.

Some say that a lack of investment in the country.

-More from all funding sources by 2020, according to the American Society of civil engineers ' $ 1.1 trillion-deficiencies in the infrastructure of the country if they are not spending more money will cost the country nearly $ 1 trillion annually in lost business and sales functions of 3.5 million.

ASCE wrote in a report last month that "physical Framework infrastructure that runs the US economy." "Everything depends on this framework, including the transfer of goods, factories and office buildings, heating and cooling, and enjoy a cup of clean water".

There is waste and drinking water projects in particular suffer from a lack of funding. ASCE predicts the sector will receive only one third of the required funding by 2020.

Roads, road and maritime transport will only get about half of their projected $ 1.7 trillion of capital projects. Internal ports and waterways also funded about their needs.

The electricity network and airports better off, most of the funding it requires, in accordance with ASCE.

People may feel the financial impact of the lack of investment the most direct routes. Researchers at the Texas Transportation Institute estimate M & A that unless the spending increases, congestion and off-road will cost Texas an average household $ 6,100 a year in wasted fuel, vehicle repair and lost time sitting in traffic between now and 2035.

Transport Institute has identified several ways in which need urgent attention, especially in and around New York City, Los Angeles, San Francisco and Atlanta.

"Rebuilding America's infrastructure is a matter of first instance should be able to achieve bipartisan support," said bracken Hendricks, a senior fellow at the Center for American progress "Lefty who specializes in energy and infrastructure. "Mayors and governors need to help local industries threatened, not bank lending and Government budgets are tapped."

But it is not easy to get everyone on board. Despite the dire predictions of groups like ASCE, some say the situation is not all bad.

Said Ron Utt, a transportation consultant and a former budget official in the Reagan administration "to hear some people tell it, you'd think we were in Haiti".

Utt okay with more spending on roads in some congested areas. So think well maybe he spent most of the stimulus money, even if you don't create the promised jobs. But it is believed that funding for things like high speed rail corridors or bike a waste.

He says the big numbers developed by ASCE is what it will take to make roads in the country up to perfection, and notes, "Federal Highway Administration report says that the roads are in good condition each year is going up.

"May not be perfect, but we go through life with disadvantages," he said. "There is no reason to spend all that money on something where the benefits would outweigh the costs."

First published: 12 February 2013: 4: 19 pm et

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Title Post: The high cost of America's poor condition of roads and bridges
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