09.09.2014 - 21:03 [ Xinhuanet ]

U.S. Treasury Secretary calls for long-term infrastructure funding legislation

He said America faces a funding gap of 1 trillion U.S. dollars in transportation, water, and electricity needs between now and 2020. One out of nine bridges in the U.S. is structurally deficient. Roughly two-thirds of the roads are in less than good condition, and many ports are not deep enough to receive the next generation of supertankers.