|
60 Minutes Segment: America’s Infrastructure on "Life Support"
Print this Article | Send to Colleague
This past Sunday, CBS’s 60 Minutes aired a segment on the current state of America’s Infrastructure. Former U.S. Transportation Secretary Ray LaHood sounded the alarm once again on America’s crumbling infrastructure. Bridges and roads around the United States are crumbling after decades of wear and tear – more than 66,000 bridges are structurally deficient – and LaHood called for a new strategy to replenish the funds needed for improvement. "We are deficient everywhere in the country because the states simply don't have the resources, and the national government has not provided the leadership to keep up with our crumbling roads and our bridges that are falling down," he said. Watch the Entire 60 Minutes Segment here.
The short-term fix passed earlier this year merely delays the Highway Trust fund’s insolvency and puts next construction season and nearly one million direct jobs in the highway materials industry in jeopardy as states are unable to plan on projects moving forward when funding is set to run out on May 30, 2015. Currently, every $5 billion of federal investment leads to 1 million cubic yard of placed concrete and creates 2,500 industry jobs. Congress still has the opportunity to act now to fix the Highway Trust Fund and make infrastructure a priority going forward.
|
|
|