Wednesday, January 28, 2009
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Reuters: Engineers give US infrastructure poor grades

From Reuters:

 

U.S. roads, airports, schools, levees, dams, and other infrastructure are in overall poor shape and require a $2.2 trillion investment to bring them up to par, an engineering group said on Wednesday. The American Society of Civil Engineers gave infrastructure a grade of "D" as U.S. President Barack Obama seeks $825 billion in extra government spending and tax cuts to ease the economic crisis. Infrastructure earned the same dismal grade in 2005, but the group's estimated five-year price tag to fix it rose by $600 billion to $2.2 trillion. Earlier this month, the engineers estimated that the president's stimulus package contained some $90 billion in infrastructure spending. It called that amount a down payment that was long overdue.

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