Last week, President Trump announced his proposal for a $1.5 trillion infrastructure program in his State of The Union address to the American people. He failed to mention that over the next decade, the federal government would provide very little money whatsoever for America’s crumbling bridges, rails, roads, and waterways.
In fact, Trump’s plan counts on state and local governments working in tandem with private investors to fork up the cash for projects.
In overhauling the nation’s crumbling infrastructure, the federal government is only willing to pledge $200 billion in federal money over the next decade, leaving the remainder of $1.3 trillion for cities, states, and private companies.
Precisely how Trump’s infrastructure program would work remains somewhat of a mystery after his Tuesday night speech, as state transportation officials warned that significant hikes to taxes, fees, and tolls would be required by local governments to fund such projects.
To get an understanding of the severity of America’s crumbling infrastructure. The American Road & Transportation Builders Association (ARTBA) has recently published a shocking report specifying more than 50,000 bridges across the country are rated “structurally deficient.
The roads and sidewalks, airports and bridges, are perfect in Dubai. Everything looks clean & strong. In U.S., everything is falling apart!
— Donald J. Trump (@realDonaldTrump) May 19, 2014
If the “structurally deficient” bridges were placed end-to-end, they would stretch 1,216 miles or nearly the distance between Miami and New York City, said ARTBA. Cars, trucks, and school buses cross these 54,259 compromised structures more than 175 million times per day, which it is only a matter of time before another Mississippi River Bridge collapse occurs.
Here are the highlights from the report:
- 54,259 of the nation’s 612,677 bridges are rated “structurally deficient.”
- Americans cross these deficient bridges 174 million times daily.
- Average age of a structurally deficient bridge is 67 years, compared to 40 years for non-deficient bridges.
- One in three (226,837) U.S. bridges have identified repair needs.
- One in three (17,726) Interstate highway bridges have identified repair needs.
- Website features listing of deficient bridges by state and congressional district.
In 2007, the I-35W Mississippi River Bridge in Minneapolis collapsed during an evening rush hour commute, sending cars and trucks diving into the river. Thirteen people were killed and 145 were injured. The incident served as an eye opener to America’s deteriorating infrastructure. Ten years later, not much progress has been made in America’s bridges.
President Trump has undoubtedly over-hyped his proposal for a $1.5 trillion infrastructure program, but for the 50,000 “structurally deficient” bridges across America, it is a race against time for the Trump administration, before the next bridge collapses triggers a mass causality event. We are almost positive this administration does not want this on their plate.
Full article: Infrastructure Emergency: 50,000 American Bridges Are “Structurally Deficient” (ZeroHedge)