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INFRASTRUCTURES * USA: Former DOT Secretary LaHood:
* DC - "Some 70,000 roads, bridges need repair"
Washington,DC,USA -The Trucker News Services -24 Nov 2014: -- A fund that subsidizes transportation projects across the country is nearly broke, former Transportation Secretary Ray LaHood said in an interview that aired Sunday evening... “Our infrastructure's on life supports right now. That's what we're on,” LaHood said... LaHood is co-chair of Building America’s Future, a bipartisan coalition of current and former elected officials who want increased spending on the nation’s infrastructure... Nearly 70,000 roads and bridges need to be repaired, he said, and the U.S. needs the Highway Trust Fund to do it... The fund is financed through the federal gas tax, which is about 18 cents per gallon. But it hasn’t been increased in two decades. Congress recently extended the fund through May, 2015, but LaHood said improving infrastructure hasn’t been a priority for lawmakers...
Labels: infrastructures funds
posted by Unknown @ 6:22 PM
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