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<classification authority="sudocs">GA 1.13:GAO-08-763T</classification>
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 <subject>Accountability</subject>
 <subject>Aviation</subject>
 <subject>Critical infrastructure</subject>
 <subject>Federal aid for highways</subject>
 <subject>Federal aid for transportation</subject>
 <subject>Federal aid to states</subject>
 <subject>Federal funds</subject>
 <subject>Federal/state relations</subject>
 <subject>Fiscal policies</subject>
 <subject>Fund audits</subject>
 <subject>Funds management</subject>
 <subject>Investment planning</subject>
 <subject>Policy evaluation</subject>
 <subject>Program evaluation</subject>
 <subject>Reporting requirements</subject>
 <subject>Transportation costs</subject>
 <subject>Transportation industry</subject>
 <subject>Transportation planning</subject>
 <subject>Transportation policies</subject>
 <subject>Transportation research</subject>
 <subject>Program goals or objectives</subject>
 <subject>Highway Trust Fund</subject>
 <type>Testimony</type>
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<titleInfo>
 <title>Physical Infrastructure: Challenges and Investment Options for the Nation&apos;s Infrastructure</title>
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<abstract>Physical infrastructure is critical to the nation&apos;s economy and
affects the daily life of virtually all Americans--from 	 
facilitating the movement of goods and people within and beyond  
U.S. borders to providing clean drinking water. However, this	 
infrastructure--including aviation, highway, transit, rail,	 
water, and dam infrastructure--is under strain. Estimates to	 
repair, replace, or upgrade aging infrastructure as well as	 
expand capacity to meet increased demand top hundreds of billions
of dollars. Calls for increased investment in infrastructure come
at a time when traditional funding for infrastructure projects is
increasingly strained, and the federal government&apos;s fiscal	 
outlook is worse than many may understand. This testimony	 
discusses (1) challenges associated with the nation&apos;s surface	 
transportation, aviation, water, and dam infrastructure, and the 
principles GAO has identified to help guide efforts to address	 
these challenges and (2) existing and proposed options to fund	 
investments in the nation&apos;s infrastructure. This statement is	 
primarily based on a body of work GAO has completed for the	 
Congress over the last several years. To supplement this existing
work, GAO also interviewed Department of Transportation officials
to obtain up-to-date information on the status of the Highway	 
Trust Fund and various funding and financing options and reviewed
published literature to obtain information on dam infrastructure 
issues.</abstract>
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<identifier type="preferred citation">GAO-08-763T</identifier>
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<note>Testimony</note>
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 <searchTitle>GAO-08-763T; Physical Infrastructure: Challenges and Investment Options for the Nation&apos;s Infrastructure;
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<subject>
 <topic>Accountability</topic>
 <topic>Aviation</topic>
 <topic>Critical infrastructure</topic>
 <topic>Federal aid for highways</topic>
 <topic>Federal aid for transportation</topic>
 <topic>Federal aid to states</topic>
 <topic>Federal funds</topic>
 <topic>Federal/state relations</topic>
 <topic>Fiscal policies</topic>
 <topic>Fund audits</topic>
 <topic>Funds management</topic>
 <topic>Investment planning</topic>
 <topic>Policy evaluation</topic>
 <topic>Program evaluation</topic>
 <topic>Reporting requirements</topic>
 <topic>Transportation costs</topic>
 <topic>Transportation industry</topic>
 <topic>Transportation planning</topic>
 <topic>Transportation policies</topic>
 <topic>Transportation research</topic>
 <topic>Program goals or objectives</topic>
 <topic>Highway Trust Fund</topic>
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