U.S. infrastructure receives a "C" grade, improvements noted

A recent report on America's infrastructure has given it a "C" grade, showing slight improvement from past assessments. This grade reflects the benefits of funding from the Biden administration, which has invested in roads, dams, and clean water among other areas. The report, by the American Society of Civil Engineers, warns that continued federal funding is needed to prevent further decline. Darren Olson, chair of the report, highlighted that outdated infrastructure can harm both people's daily lives and the economy. He emphasized that investments make the economy stronger and more competitive globally. As climate change leads to more severe weather, Olson noted the importance of resilient infrastructure. Last year, the U.S. experienced 27 weather disasters costing a billion dollars each. The 2021 Infrastructure Investment and Jobs Act provided $550 billion for such investments, but its funding will expire in 2026. Another $30 billion came from the 2022 Inflation Reduction Act. Despite some improvements, much more money is needed. The civil engineers estimate that $9.1 trillion is required to upgrade all existing infrastructure. If current funding levels are maintained, there will still be a $3.7 trillion shortfall over the next decade. For example, maintaining the nation's water utilities will cost an estimated $625 billion over 20 years. While efforts have improved conditions for public parks and waterways, many projects suffer delays due to insufficient funding. Engineers also pointed out that there is a need for better management of infrastructure. Some experts believe that new policies could help optimize current resources and reduce congestion. Roads are still in poor shape, receiving a D-plus grade, despite significant investments. The rail sector saw a drop from a B to a B-minus, partly due to a recent train derailment. The energy sector received a D-plus, affected by rising demands. Engineers plan to meet with lawmakers to discuss infrastructure funding and its nationwide importance. They believe that better infrastructure can save families money and stimulate economic growth, which could garner bipartisan support.