Tag Archives: potholes

The Weight of Debt | LaHood: ‘America is one big pothole’ | The Hill

LaHood: ‘America is one big pothole’ | The Hill’s Transportation Report.

Ray LaHood, U.S. secretary of transportation, pauses while speaking during the U.S. Export-Import Bank annual conference in Washington, D.C., U.S., on Friday, April 5, 2013. Photographer: Andrew Harrer/Bloomberg via Getty Images

Outgoing Transportation Secretary Ray LaHood says “America is one, big pothole” and we need to “think outside the box” to find the additional $15 billion a year to support transportation infrastructure.

Mmm, let’s see… in fiscal year 2012, the United States paid $359 billion to service the national debt or, more, precisely, $359,796,008,919.49 (Source: U.S. Department of Treasury).

It’s not that difficult to out-think a box after all.

Read the full article here:  LaHood: ‘America is one big pothole’ | The Hill’s Transportation Report.

Share the knowledge!
Share