Leading officials have even agreed on a $2 trillion infrastructure package for roads, bridges, highways, water, the power grid and broadband internet expansion – but the details stop there.
Debate remains swirling around where that funding would come from, exactly which projects it would be used on and whether the states or the federal government should be in the lead. As commuters, consumers, and business leaders, we need Washington to find a way forward. The cost of doing nothing is just too high.
When we think about failing infrastructure, we often think about long commutes, annoyingly bumpy roads, and costly vehicle damage caused by potholes and other issues.
We all know that it hurts to pay big dollars for an unexpected car repair, but what about our actual physical safety? The AAA Foundation for Traffic Safety found that key roadway improvements could save more than 3,100 lives and prevent more than 17,000 serious injuries every year.
The collective economy would benefit from improved infrastructure funding, too. Research finds under-investment costs the U.S. 900,000 jobs, and every $1 billion invested in transportation infrastructure creates more than 21,000 jobs. Read More