Title: Record Transportation Funding Spurs Spike in Bridge Projects
Abstract: This article describes the increases in transportation funding in the U.S., noting that bridge projects have become a fiscal priority for state and local authorities. The total amount of spending is expected to be $75.2 billion for bridge and highway improvements in 2007, up 4.5 percent from the previous year. This funding is necessary, the article indicates, as increasing numbers of the nation’s bridges are being rated as deficient and requiring improvement. While currently the increase has taken place due to measures at the state level, the collapse of the Interstate 35W Bridge in August 2007 may generate more funding from the federal government. The first of these funds, expected to be around $250 million, are directed at the I-35W Bridge for clean-up and the construction of a new bridge. The article also describes a number of bridge projects in New York and California that will be completed as a result of this increase in funding.
Publication Year: 2007
Publication Date: 2007-11-26
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot