Sunday, February 22, 2009

Failing Infrastructure Cannot Support A Healthy Economy

Civil Engineers’ New Report Card Assesses Condition of Nation’s Infrastructure

Washington, D.C.—Decades of underfunding and inattention have jeopardized the ability of our nation’s infrastructure to support our economy and facilitate our way of life. The American Society of Civil Engineers (ASCE) today released its 2009 Report Card for America’s Infrastructure—assigning a cumulative grade of D to the nation’s infrastructure and noting a five-year investment need of $2.2 trillion from all levels of government and the private sector. Since ASCE’s last assessment in 2005 there has been little change in the condition of the nation’s roads, bridges, drinking water systems and other public works, and the cost of improvement has increased by more than half a trillion dollars.

http://www.asce.org/pressroom/news/display_press.cfm?uid=4511

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