Infrastructure Investment

By Brian Mooar

Published 07/15 2014 10:20AM

Updated 07/15 2014 10:25AM

President Obama hits the road today to talk about highways and bridges - critical infrastructure and repairs that won't get funded if Congress doesn't act before going on its summer break. "That would put at risk - nearly 700-thousand jobs across the nation - and many active highway and transit projects would be threatened," said White House Press Secretary Josh Earnest.

The Highway Trust Fund runs dry next month, and a bridge collapse in Washington State acts as a cautionary tale.

Every pot hole you hit- a reminder of the upkeep and repairs needed for an aging highway system.

The government estimates 65% of U.S. roads are in less-than-good condition and 25% of bridges need significant repair.

To fix that, the white house wants 300 billion dollars over the next four years. "If we don't pass this transportation bill now, a lot of very bad things happen very soon," said Vice President Joe Biden.

House Speaker John Boehner says the country doesn't have the money - and he doesn't have the votes. "We're not going to get to a long term highway bill here over the next couple of months," said House Speaker John Boehner, (R) Ohio. 

And today the White House is backing a shorter fix - 11 billion dollars to fund projects over the next nine months hoping to avoid gridlock on Capitol Hill, and America's highways.

Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More Stories

Don't Miss

Latest News