modern transportation infrastructure is a critical building block to ensure that the U.S. economy is in a position for long term growth and prosperity. It creates jobs, draws investment and supports overall global competitiveness. With the deadline for the Highway Trust Fund reauthorization looming just a month away, we are faced with the reality that our crumbling transportation systems simply are not up to the job. Our aging infrastructure impacts everyone. Every day, Americans leave their homes to commute to work or school only to be faced with more than just snarled traffic, but roads in dire need of repair. More than one-fifth of U.S. roads are in poor condition, with nearly one-half trillion dollars in needed repairs across the country over the next decade. U.S. ports, a critical economic doorway, are struggling under the weight of increased cargo traffic, leading to congestion and slowing exports. They now require nearly $30 billion in landside investment alone to keep up with the general demands they are under. Our national infrastructure is in a clear state of decline, demanding $3.6 trillion in total investment by 2020, according to the American Society of Civil Engineers. For one of the largest economies in the world known for its strength and leadership, we are falling behind other countries. Our infrastructure spending has continued to decline since 1960. It is now at less than two percent of GDP annually.…
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