Just the Facts
Five Facts on Infrastructure
By Emma Petasis
April 30, 2019 | Blog
On Tuesday, House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) will meet with President Trump to discuss the nation’s infrastructure problems. These are the facts.
1. America’s failing infrastructure costs both time and money.
The U.S. Chamber of Commerce reports that our interstate system is almost 70 years old, and can become costly for Americans; the average American motorist will pay $324 a year in vehicle repairs alone, along with the more than 5 billion hours each year Americans spend stuck in traffic.
2. The U.S. is falling behind other countries in infrastructure.
In a report by the American Society of Civil Engineers, the United Sates received a D+ on the 2017 infrastructure report card, which takes American roads, aviation, drinking water, and inland waterways into consideration.In comparison to other countries, the United States is no longer one of the top 10 busiest ports – while China is home to 6 of the 10.
3. Infrastructure could transform the economy.
The creation of the Washington Metro, Los Angeles Aqueduct, Hoover Dam, and the Interstate Highway System once transformed the economy, and can create jobs and encourage trade. Currently, the United States is not making investments in new infrastructure, or investing towards existing infrastructure like public transit, The New Yorker writes.
4. Democrats want the federal government to fund the majority of the infrastructure resolution.
Senate Democrats’ “A Blueprint to Rebuild America’s Infrastructure” plan would invest 1 trillion federal dollars and create 15 million jobs through the modernization of failing water and electric systems and create a new transportation network.
5. The Trump Administration’s plan, “Building a Stronger America” plans to use federal and private funds.
The key principles of President Trump’s infrastructure goals are to spend $1.5 trillion on infrastructure, with $200 billion federally funded, and the rest to be privately and locally funded. Additionally, all decision making would be given to state and local governments, and regulatory barriers will be removed in order to streamline projects better.