US Representatives ask GAO to study formation of a national Clean Water Trust Fund
February 7, 2008
The amount of work that will be necessary to upgrade and update the nation's water infrastructure is estimated to cost the country hundreds of billions of dollars over the next few years, and many of the upgrades will cost vastly more than many local communities can afford. Three members of the House have asked the GAO
, which investigates financial matters for Congress, to figure out what it would take to create a national Clean Water Trust Fund
, modeled on the national Highway Trust Fund. Federal spending on water infrastructure projects was around 10% of nondefense Federal spending
in the 1960s. Today it's around 3.5%. With small towns finding that even a heavy snowfall can overcome their water infrastructure
, something has to be done.
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last revised February 2008