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Physical Infrastructure: Challenges and Investment Options for the Nationís Infrastructure: Congressional Testimony
Patricia A. Dalton (au)
Americaís physical infrastructure -- incl. aviation, highway, transit, rail, water, and dam infrastructure -- is critical to the nationís economy and affects the daily life of virtually all Americans, but is under strain. Estimates to repair, replace, or upgrade aging infrastructure as well as expand capacity to meet increased demand top hundreds of billions of dollars, at a time when the fed. governmentís fiscal outlook is worse than many may understand. This testimony discusses: (1) challenges associated with the nationís surface transportation, aviation, water, and dam infrastructure, and the principles to help guide efforts to address these challenges; and (2) existing and proposed options to fund investments in the nationís infrastructure. Illustrations.
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