Economics
$80 billion needed to shore up U.S. rail, bus systems
July 22, 2010 |
A new study by the Federal Transit Administration (FTA) released on July 21 estimates it would cost $77.7 billion to shore up the nation’s rail and bus lines and another $14.4 billion a year to maintain the systems, according to a report in On the Money, Capitol Hill’s finance and economy blog.
The study, the National State of Good Repair Assessment, also reveals that nearly $80 billion is needed in improvements to get the nation’s rail and bus transit systems into a good state of repair, according to the On the Money report.
Popular Articles
- More From Economics
- Rental has stellar 2011, sees 7 percent growth this year
- AED’s Mack commends Congress for reauthorization progress
- LaHood reviews $536 million I-4 Connector
- Trucking adds 5,300 jobs in January
- The details: T&I Committee approves American Energy & Infrastructure Jobs Act
- T&I Committee passes American Energy & Infrastructure Jobs Act






