- Equipment World - http://www.equipmentworld.com -

$80 billion needed to shore up U.S. rail, bus systems

Posted By Equipment World Staff On July 22, 2010 @ 9:10 am In Construction News | No Comments

A new study by the Federal Transit Administration (FTA) released on July 21 estimates it would cost $77.7 billion to shore up the nation’s rail and bus lines and another $14.4 billion a year to maintain the systems, according to a report in On the Money, Capitol Hill’s finance and economy blog. [1]

The study, the National State of Good Repair Assessment, also reveals that nearly $80 billion is needed in improvements to get the nation’s rail and bus transit systems into a good state of repair, according to the On the Money report.

Article printed from Equipment World: http://www.equipmentworld.com

URL to article: http://www.equipmentworld.com/80-billion-needed-to-shore-up-u-s-rail-bus-systems/

URLs in this post:

[1] On the Money, Capitol Hill’s finance and economy blog.: http://thehill.com/blogs/on-the-money/budget/110091-nearly-80-billion-needed-to-shore-up-nations-rail-bus-system-study-shows

Copyright © 2012 Equipment World -- Development. All rights reserved.