7/25/2013

The country has more than 100,000 bridges that are "old enough to qualify for Medicare," and "ports that aren’t ready for the new supertankers" that will come through the Panama Canal, said President Barack Obama. Congress should increase investment in infrastructure to remedy these situations and improve the economy, Obama said. "The longer we put this off, the more expensive it will be, and the less competitive we will be," he added. Meanwhile, an amendment to the $54 billion Transportation, Housing and Urban Development Appropriations bill that would give priority to fixing structurally deficient or obsolete bridges has been passed by the Senate.

Full Story:
Hill, The, Hill, The

Related Summaries