America’s infrastructure has been deteriorating for decades. Estimates for the financial resources needed to repair, replace, and bring our infrastructure up to code rage from $2 -$5 trillion dollars.
Individual states face billions in clean water and drinking water infrastructure rehabilitation costs. You can find EPA’s estimates for state needs on the Clean Water Council website. Even if state lawmakers have the appetite to invest in infrastructure, which many statehouses are finding to be the case, state budgets and limited resources don’t exist for the investment required.
But hopefully, that’s all changing. Both Presidential candidates have released plans to invest in infrastructure. Former Secretary Clinton’s plan would infuse $275 billion over five-years into rebuilding America’s infrastructure paid for through reforms to the business tax code. Clinton’s plan has been public for months. This passed weekend, Donald Trump released his plan. Trump calls for $1 trillion over ten years in new infrastructure spending through Public Private Partnerships (P3s) and private investment tax incentives.
Both candidates pledge infrastructure will be a part of their first 100 days agenda, which has historically marked a period of deference to a new President.