U.S. Infrastructure Gets Near Flunking Grade From Engineers

The report card is in, and U.S. infrastructure is almost flunking. The American Society of Civil Engineers on Thursday assigned a grade of “D+” to the quality of U.S. roads, bridges and other infrastructure in a closely-watched assessment that the group publishes every four years. The group said an additional $2 trillion in funding is needed to raise the standards. The findings could reinforce President Donald Trump’s initiative to steer as much as $1 trillion in public and private funds to U.S. infrastructure over the coming years. Trump met with private-sector leaders on Wednesday to discuss his plan and said he wants states to be ready to start projects within 90 days of receiving funding, the White House said.

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Source: Bloomberg

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