3 ms·
That's a nice fantasy world you live in. In reality the "continuous maintenance" you tout is continually deferred, kicking the can down the road (no pun intend
by CrazyStat 6y ago
That's a nice fantasy world you live in.
In reality the "continuous maintenance" you tout is continually deferred, kicking the can down the road (no pun intended). The Volcker Alliance estimated that we have a total of over $1 trillion in deferred maintenance as of last November [1]. The Department of Interior alone quoted $16.4 billion in deferred maintenance on their infrastructure at the end of 2018 [2], which is about 80% of their annual budget [3]. The infrastructure of cities, states, and other federal departments dwarfs that of DoI.
[1] https://www.volckeralliance.org/sites/default/files/attachments/Americas%20Trillion-Dollar%20Repair%20Bill%20-%20Capital%20Budgeting%20and%20the%20Disclosure%20of%20State%20Infrastructure%20Needs.pdf https://www.volckeralliance.org/sites/default/files/attachme...
[2] https://www.doi.gov/ocl/deferred-maintenance-backlog https://www.doi.gov/ocl/deferred-maintenance-backlog
[3] https://www.doi.gov/sites/doi.gov/files/uploads/fy2020_bib_a0001.pdf https://www.doi.gov/sites/doi.gov/files/uploads/fy2020_bib_a...