The Minneapolis bridge collapse has many questioning U.S. infrastructure funding.

The Interstate 35W bridge collapse in Minneapolis in early August sounded alarms about the current state of our nation’s infrastructure, making clear what many in our industry have been saying for years: Our nation’s roads and bridges do not take care of themselves and require constant care and investment.

It sounds like the kind of thing we might read about in a developing country. But, as Minnesota Sen. Amy Klobuchar said, “Bridges in America should not be falling down.”

This just two years after Congress passed a $286 billion transportation bill – $90 billion short of what many believed was needed to maintain the nation’s aging roads, bridges and transit systems. And money wasn’t the only thing lacking. Also missing was a broad and bold strategic transportation vision for our future.

It has been a half-century since President Dwight Eisenhower led the legislative drive to finance and build the U.S. interstate Highway System that paved the way for the economic expansion, prosperity and unified country we take for granted today. Without the Interstate network, our modern economy could hardly function, and our mobility and security would be seriously compromised.

Much of our highway and transit infrastructure is more than a half-century old. It not only needs fixing, but it also needs to be upgraded with innovative new materials and construction technologies, and expanded to meet this century’s population, economic and environmental needs.

A Gallup Poll released Aug. 7 found 57 percent of Americans believe the Minneapolis bridge collapse is indicative of serious problems in the nation’s transportation system. Seventy-three percent say they would support Congress spending more than $100 billion to rebuild our bridges.

Recent federal reports indicate 26 percent of the nation’s nearly 600,000 bridges need repair. Travelling across our aging infrastructure are increasing numbers of frustrated commuters, and truckers hauling growing volumes of freight. A study by the Texas Transportation Institute has found traffic gridlock costs the U.S. economy more than $65 billion each year in lost productivity and wasted motor fuel. Gridlock also adds tons of unnecessary greenhouse gas emissions and makes our goal of energy independence even tougher. There is a greater toll, however, and early this month we bore the greatest of all costs: the loss of human lives.

The Minneapolis event underscores the need for investing in a well-designed and balanced transportation system. We need and deserve a system that not only invests in reconstructing, repairing and maintaining aging highways and transit networks, but also invests in intelligent transportation systems that facilitate efficient and safe movement of goods and people.

Today’s federal highway program is neither structured nor financed to meet America’s transportation needs for this century. Federal and state budgets are short the billions of dollars required to maintain and improve the infrastructure we have. It is time for a bold, bipartisan plan to change that.

To start, it is essential to close the $20 billion annual federal shortfall in funds needed just to maintain the status quo – protecting past infrastructure investments through existing highway and transit programs. At the top of this list is rehabilitation of the existing interstate highway and bridge system. This is a fundamental government responsibility. Investments now can help avoid catastrophic bridge and road failures in the future. This can and should be done by increasing the federal gas tax, which is a dedicated user fee.

But we also need a plan to meet future needs. It is time to fast-track a new, long-term strategic capital investment program restructuring the federal transportation program into two parts:
1.