The Infrastructure Investment and Jobs Act has injected $110 billion into America's transportation system, allowing states like Oklahoma and Texas to revitalize many stalled highway projects.
Despite this significant funding boost, inflation in the highway construction sector is eroding the buying power of these funds, suggesting a need for a broader evolution in the transportation strategy.
Many states are leveraging IIJA funding to advance long-stagnant infrastructure projects, showcasing a critical moment for reshaping America’s transportation framework as political changes loom.
The upcoming election may mark a turning point for US transportation policy, with potential new approaches to planning strategies reflecting the pressing challenges posed by rising costs.
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