For years there has been overwhelming evidence that the U.S. is failing to maintain its highways, bridges, and transit systems, and consistently falling short in making the infrastructure investments needed to provide for the long-term needs of our growing population and economy.
The recognition that we are under-investing in our transportation systems, however, has run headlong into a political and fiscal environment in which expanding federal expenditures for any purpose is increasingly difficult to discuss, much less to enact. In this context it is arguably more important than ever to ensure that all federal resources directed to transportation—albeit never enough to keep pace with the nation’s vast and growing transportation needs—are invested wisely.
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