Monday, February 2, 2009

Engineers Say Stimulus Not Large Enough for Infrastructure Needs

The American Society of Civil Engineers (ASCE) released a report which says the proposed stimulus boll does not provide enough funding to address the nation’s infrastructure needs.

The group released its 2009 Report Card for America's Infrastructure which provides grades in 15 infrastructure categories. The organization says the nation’s infrastructure needs $2.2 trillion in repairs and upgrades to meet current needs. The organization released a report in 2005 which also called for increased investment in the nation’s infrastructure. In 2005 the nation needed to invest $1.7 trillion to meet its infrastructure needs.

The group says the current stimulus plan is at least $1 trillion short of meeting the overall infrastructure needs of the country.

Interesting Read

Stimulus

Ohioans Seek Slice of the Stimulus Pie
By Peter Slevin
The Washington Post

8 Questions on the Stimulus Package
By Michael A. Fletcher
The Washington Post

The Big Deal
The Sums Are Staggering. But The Real Stunner Is the Ambition
.
By Dan Morgan
The Washington Post

FDR Was a Great Leader, but His Economic Plan Isn't One to Follow
By Amity Shlaes
The Washington Post

Once the Stimulus Kicks In, the Real Fight Begins

By Robert B. Reich
The Washington Post

An $800 Billion Mistake
By Martin Feldstein
The Washington Post

Democrats among Stimulus Skeptics
Some See Long-Term Goals Going Unmet

By Alec MacGillis
The Washington Post

Other items

From the Second City, an Extended First Family
Obama's Mother-in-Law, Other Chicagoans Bring Home to White House

By Eli Saslow
The Washington Post

Local Police Want Right to Jam Wireless Signals
By Spencer S. Hsu
The Washington Post

Welfare System Failing to Grow as Economy Lags
By Jason DeParle
The New York Times

Feds allege plot to destroy Fannie Mae data
USA Today

For GOP, a Case of Misshapen Identity
By Manuel Roig-Franzia
The Washington Post

Treasury Weighs Hard Choices to Save Banks
Any Path Carries Risk of Failure

By David Cho
The Washington Post

Fannie Mae to Seek Funds from Treasury
Mortgage Firms' Requests for Aid near $65 Billion

By Zachary A. Goldfarb
The Washington Post

 
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