Report says despite the increase in funding provided by the IIJA, U.S. transportation remains significantly underfunded
Roads&Bridges
MARCH 24, 2022
A new report released today by TRIP evaluates the condition, use, and funding of the U.S. surface transportation system—including roads, bridges, and transit.
The report—titled "Funding America's Transportation System"—finds that 40% of the nation’s major roads are in poor or mediocre condition, and 7% of bridges are rated in poor/structurally deficient condition. The report also finds that traffic fatality rates are the highest in a decade, 42% of the nation’s busiest roads experience congestion during peak travel times, and one-fifth of transit vehicles have met or exceeded their useful service life.
According to a news release from TRIP, the Infrastructure Investment and Jobs Act (IIJA) will provide a significant boost in federal investment in roads, bridges, and transit and offers an opportunity for the nation to make progress in improving the safety, reliability, and condition of the transportation system. The IIJA will provide $454 billion over the five-year period from 2022 to 2026 for investment in highways and transit, resulting in a 38% increase in federal investment in 2022.
View the full article: RoadsBridges.com
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