Action Needed for Infrastructure Funding

The budgets for road and bridge construction is down in the United States. Mostly dues to the COVID-19 shutdown. The longer the shutdowns, the less money there will be to pay for transportation and other types of projects.

For Construction Pros writes: Road traffic in the U.S. is down 38%, which is causing a decline in gas tax revenue and dollars collected from highway tolls to dwindle. The longer the shutdowns, the less money there will be to pay for transportation and other types of projects.

In addition to dwindling revenues, states are required to match about 20¢ of every dollar they get from the federal government to build highways and bridges. If a state fails to make the match, Washington cancels the funding. That can be devastating for states such as Montana, which gets as much as 90% of its infrastructure budget from the federal government.

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