President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (128409)	12/4/2012 3:17:40 PM
From: Wharf Rat	Read Replies (1) of 149317

"Obama plan has $200 billion in economic boosters" If we do that every year for the rest of the century, it will be a good start. The American Society of Civil Engineers has estimated that an investment of $1.7 trillion is needed between now and 2020 to rebuild roads, bridges, water lines, sewage systems and dams that are reaching the ends of their planned life cycles. The Urban Institute puts the price tag at $2 trillion. Last year, a report by 80 experts led by former transportation secretaries Norman Y. Mineta and Samuel K. Skinner called for an annual investment of $262 billion. Fail to invest now, and the cost will increase later. Already, the civil engineers said, infrastructure deficiencies add $97 billion a year to the cost of operating vehicles and result in travel delays that cost $32 billion. washingtonpost.com

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