U.S. DOT report calls for $101 billion annual investment in roads, bridges

March 16, 2012

U.S. Transportation Secretary Ray LaHood announced on March 16 that a new report on the state of America’s transportation infrastructure, 2010 Status of the Nation’s Highways, Bridges and Transit: Conditions and Performance, points to a sizeable gap between current spending and projected levels of investment needed to maintain the nation’s highway and transit systems.  

 

U.S. Transportation Secretary Ray LaHood announced on March 16 that a new report on the state of America’s transportation infrastructure, 2010 Status of the Nation’s Highways, Bridges and Transit: Conditions and Performance, points to a sizeable gap between current spending and projected levels of investment needed to maintain the nation’s highway and transit systems.  

“President Obama is committed to building the transportation infrastructure we need for tomorrow by putting people to work today,” said LaHood. “This report shows how important it is to get started now rebuilding America’s roads, bridges and transit systems.” 

The U.S. DOT’s Conditions and Performance report projects that $101 billion, plus increases for inflation, would be needed annually over the next 20 years from all levels of government—local, state and federal—to keep the highway system in its current state. It also identifies significant opportunities for investments to improve the current state of highways and bridges that could total up to $170 billion a year. The report shows that in 2008, all levels of government spent a combined total of $91.1 billion on highway capital improvements, a 48.4% increase over 2000.  

The Obama administration’s FY 2013 budget request calls for $305 billion for highway programs over six years, which reflects a 34% increase for roads and bridges over the previous authorization to address the outstanding need for resources.

“We see significant improvements with every dollar,” Federal Highway Administrator Victor Mendez said. “The President called on us to create an America built to last, and while we have a long way to go to upgrade our nation’s highways and bridges, we owe it to future generations to get to work and make it happen.”  

The Conditions and Performance report projects that between $20.8 billion and $24.5 billion will be needed annually over the next 20 years to attain a state of good repair for the nation’s transit systems and to accommodate expected transit ridership growth. In contrast, all levels of government combined spent only $16.1 billion on transit capital improvements in 2008. The Obama administration budget request includes $108 billion over the six years for transit options, a 105% increase over the previous authorization levels.   

“Today, more and more Americans are looking for greater choices in transportation,” said FTA Administrator Peter Rogoff. “With gas prices on the rise, we need to heed President Obama’s call to invest in America’s infrastructure, in order to ensure that transit remains a reliable and desirable choice.” 

Sponsored Recommendations

Champion Flame Shield® Phenolic Conduit Guide

Learn how Champion Flame Shield® Provides a Safe Solution in Fire Sensitive Applications

Electrical Conduit Comparison Chart

See how fiberglass conduit stacks up to the competition in crucial areas like weight, corrosion resistance and installation cost.

NECA Manual of Labor Rates Chart

See how Champion Fiberglass compares to PVC, GRC and PVC-coated steel in installation.

Tuscarora Tunnel Rehabilitation Project

Read how Champion Fiberglass conduit provided a safe, 2-hour rated solution in the Tuscarora Tunnel along the Pennsylvania Turnpike.