Monday, March 16, 2015
As the federal government appears likely to meet only the minimum requirements for funding infrastructure, more of the burden is shifting to states. Decades of underfunding and political stalemate on raising new sources of revenue have left US infrastructure lagging comparable countries.
- Increased state investment reduces the pressure on Congress to secure funds for federal infrastructure priorities.
- Imaginative efforts to reclassify some bridges and highways will increase as a means of generating needed funds for repair.
- Costs to consumers, such as new airport passenger fees, will increase.