Jim Jennings, 703-295-6406, 540-272-1452 c, firstname.lastname@example.org
Wednesday, August 31, 2011
The American Society of Civil Engineers joined President Obama and other key leaders today in urging Congress to extend the current surface transportation bill which is set to expire on September 30.
“Our roads, bridges and other infrastructure are the backbone of our economy. It is critical that Congress extend the surface transportation bill and FAA bill and work on long-term legislation to increase our nation’s investment in our deteriorating infrastructure. This is absolutely essential to creating jobs and restoring our nation’s economic vitality,” said ASCE President Kathy J. Caldwell, P.E., F. ASCE.
ASCE’s Report Card on America’s Infrastructure has given this country’s infrastructure systems a cumulative grade of D. In July, ASCE released a first-of-its-kind economic study that found even current investment levels in transportation infrastructure will cost the American economy more than 870,000 jobs and suppress the growth of the country’s Gross Domestic Product by almost $900 billion by the year 2020. ASCE has recommended that America increase its investments in transportation infrastructure to avoid losing our position in the global economy.