$77 Billion Needed to Fix U.S. Transit

A new study by the Federal Transit Administration sets the price tag for getting the U.S.'s transit infrastructure up to snuff at 77.7 billion dollars.
July 21, 2010, 10am PDT | Tim Halbur
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Melanie Turner writes that "While most of the $77.7 billion backlog can be attributed to rail, more than 40 percent of the nation's buses also are in poor to marginal condition. In addition, an annual average of $14.4 billion would be required to maintain the systems, according to the study."

The report says that 41% of buses in the U.S. are in poor or marginal condition, and 26% of rail assets.

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Published on Wednesday, July 21, 2010 in Sacramento Business Journal
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