10/28/2010

American taxpayers would be willing to foot the bill for repairs to the nation's crumbling water pipelines, according to a survey by ITT Corp. Two-thirds of voters and more than half of businesses polled said they would be willing to pay more taxes to fix pipes, with individuals saying they would accept water-bill increases of up to 11% to cover repair costs. That would mean an additional $5.4 billion a year in cash for infrastructure projects -- four times as much as the U.S. spent on water repairs last year.

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