摘要: |
The nations transportation and water infrastructureits highways, airports, water supply systems, wastewater treatment plants, and other facilitiesplays a vital role in the economy. Private commercial activities and the daily lives of individuals depend on that physical infrastructure, which is provided by all levels of government in the United States. Concerns about the nations infrastructure and its ability to support commerce and promote public well-being have prompted calls for greater infrastructure spending. The Congress is currently considering the level of funding for the next several years for important federal infrastructure programs, such as highways, mass transit, and aviation. Crucial to such decisionmaking is information about how much the federal government and state and local governments have spent over time to build, improve, and rehabilitate physical infrastructure, as well as to operate and maintain existing facilities. In response to a request from the Chairman and Ranking Member of the Senate Committee on Finance, the Congressional Budget Office (CBO) prepared this study, which analyzes recent developments in spending on transportation and water infrastructure, trends in spending for capital and for operations and maintenance by the various levels of government, and the rationale for public spending on infrastructure. |