U.S. infrastructure continues to deteriorate in spite of widespread and bipartisan support for increasing investment. The American Society of Engineers graded the U.S. as a "D+" in infrastructure and Kentucky a "C" in the latest report available. Some of the highlights for Kentucky included:
- driving on roads in need of repair costs each driver $331 per year;
- 8.1% of bridges are rated structurally deficient;
- drinking water needs in Kentucky are estimated $6.2 billion;
- waste water needs are estimated at $6.24 billion;
- 182 dams are labeled as "high hazard potential;" and
- schools have approximately estimated capital gap of $453 million.
Infrastructure was rated by 94.4% of site selection professionals as "very important" for the location of a new industrial site. Further investment in infrastructure could help distinguish Kentucky from its competitor states and act as a catalyst for landing new industrial prospects.
This is likely one reason that the Kentucky Chamber of Commerce designates "infrastructure" as one of four pillars in securing a prosperous future for Kentucky. The U.S. Chamber recently backed a .25 cent increase in the gas tax to pay for national infrastructure improvements. Rob will support the (1) expansion of infrastructure funding, (2) the building of the I-69 bridge linking Indiana and Kentucky and (3) the long overdue US 60 bridge over the Green River.