Vol. 24, No. 2
Last week, infrastructure was in the news again. President Obama, in his State of the Union address, proposed a $50 billion infrastructure initiative, $40 billion of which would be devoted to a “fix-it-first” program targeted at urgent improvements such as “structurally deficient” bridges. The following day, the House Committee on Transportation and Infrastructure held a hearing on “The Federal Role in America’s Infrastructure,” focusing on the importance of infrastructure for the U.S. economy and the federal role in its preservation and expansion.
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