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Tag: deficit
Roadbuilding
New York Times columnist Thomas Friedman: āAverage is overā
Best-selling author and New York Times columnist Thomas L. Friedman spoke Sunday in front of a group of public works professionals about the challenges posed by globalization, changing technology, deficits and energy consumption. During his session at the American Public Works Association (APWA) Congress and Exposition, Friedman noted that within a seven-year span at the [ā¦]
August 26, 2013
Roadbuilding
U.S. infrastructure headed toward $1.6 trillion deficit in 2020, ASCE says
The American Society of Civil Engineers (ASCE) warns that United States infrastructure will fall $1.6 trillion short of whatās needed to maintain existing facilities through 2020, according to a Bloomberg report. āWeāre investing in infrastructure, weāre just not investing enough,ā Greg DiLoreto, president of the ASCE, told Bloomberg. The ASCE says 80 percent moreā$3.6 trillionāfunding [ā¦]
March 26, 2013
Roadbuilding
Running out of gas money
A new Congressional Budget Office report says that the Highway Trust Fund may be empty by fiscal year 2014. According to The Hillās transportation blog the CBO report projects the highway trust to have $12 billion at the end of the current fiscal year, which began last July, and a $3 billion balanceĀ in the [ā¦]
February 1, 2012
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