President Obama in his State of the Union speech specifically called out infrastructure as requiring significant investment. He said that “our infrastructure used to be the best”, and mentioned countries such as Russia, China, South Korea, and several European countries that are ahead of the US in some sector of infrastructure. He also referred to the American Society of Civil Engineers’ Intrastructure Scorecard that assigned a grade of “D” to American infrastructure.
He said that the Administration is proposiing to redouble the rebuilding efforts that were initiated over the past two years and identified attracting private funding as important for this effort. He specifically mentioned two initiatives.
High speed rail
Within 25 years the goal is to enable 80% of Americans to have access to high speed rail. He mentioned routes in California and the Midwest that are already underway.
High speed wireless
Within 5 years the goal is to make it possible for businesses to provide 98% of Americans with access to the next generation of high speed wireless coverage.
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