Infastructure is an essential aspect to growing and sustaining a nation. Alexander Hamilton even called it “the veins of commerce.” Yet in today’s society, the infrastructure is deteriorating, and the main issue is government funding. America’s source for funding comes from the Highway Trust fund, established in the mid-20th century, but it the costs have increased since then, while the funding has remained relatively constant. To get out of this whole, the country needs about $4.59-trillion, which may be solved by a mileage based tax. Either way, the government needs to discover a solution soon before the money runs out.
- Infrastructure has never been a simple, easy aspect of our country, and has always been a point of contention.
- The United States’ infrastructure is crumbling and unsafe, and it’s now somewhat of a joke in popular culture.
- Infrastructure is underfunded due to the way it was originally structured, and to fix it, the funding should be restructured.
“In this video, Bloomberg Government’s Shaun Courtney explains where we are with infrastructure, and what’s likely to come next.”