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$77 Billion Needed to Fix U.S. Transit

Posted by: Tim Halbur

21 July 2010 - 10:00am

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.

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.

Full Story: Study: Good transit will cost $77B
Source: Sacramento Business Journal, July 21, 2010
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