U.S. infrastructure improved with big Biden spending—but only from a C- to a C

Quick Summary:

Engineers say problems in many sectors have festered for so long that the nation must figure out how to address the shortcomings now or pay for them when systems fail.

The 2021 Infrastructure Investment and Jobs Act provided $550 billion in new infrastructure investments, but is set to expire in 2026.

Army Corps of Engineers upgrade inland waterways, which move roughly $150 billion in commerce every year, improving the grade from a D-plus to a C-minus.

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Article Details

Author / Journalist: Tammy Webber, Michael Phillis, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Infrastructure The Biden administration Green investing National parks Government spending

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 13:06:58 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 911 words

Reading Time: 6 minutes read

Sentences: 5 lines

Sentence Length: 183 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27324302

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 58 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

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