Funding Crisis
Challenge – Needs vs. Funding

Current transportation revenues provided by all levels of government – federal, state, and local – are not enough to maintain the nation’s transportation systems or to develop an infrastructure to levels that best serve the nation’s economy.

Needs:

• Deteriorating infrastructure
  • Interstate bridges exceeding life expectancy must be reconstructed
  • Bridges are outdated and failing
• Congestion is increasing

Funding:

$225 billion needed annually. Declining Revenue Sources include:

• Federal Highway Trust Fund bankrupt two years in a row
• Current U.S. transportation spending meets only
  40 percent of needs
• U.S. Funding Gap for transportation is widening

Transportation Funding Gap