The U.S. government has put in place a new national infrastructure plan that will cost $20 billion over 10 years to build the kind of roads, bridges, airports, railways, and other infrastructure needed to handle a 10 percent economic downturn, according to an analysis by Bloomberg News.
The federal government spent $12.6 trillion in 2017, and is likely to spend another $6 trillion this year, according the report, which looked at infrastructure spending by state, metropolitan area, and urban area.
The analysis also looked at how to spend that money.
The report found that while many states and localities were willing to spend more, there were still significant bottlenecks.
For example, $10 billion spent on the East Coast’s proposed $1.2 trillion Lantana Expressway in Southern California could only pay for 10 percent of the total cost of the project, the report found.
A major road in the Midwest, the proposed $2.8 billion Grand Trunk Expressway through St. Louis, Missouri, could only be built if more than half the cost was covered.
The largest state to spend the most money, California, could not even get through the initial $5 billion needed to complete the first phase of the proposed Trans-Pecos Pipeline.
In many cases, the state was spending too little.
In the Midwest and the West, states spent an average of $7 billion a year on infrastructure, and $8.8 trillion on roads, according Bloomberg.
Some of those funds could be used to build new roads, improve existing roads, or add more lanes, according a report by the nonpartisan Congressional Budget Office released earlier this year.
The $5.6 billion spent in 2020 on transportation projects was the lowest since 2011.
While there were many problems with the plan, the administration said that the money would not have been available had the infrastructure plans not been approved by Congress.
The Trump administration has already committed $3.5 trillion for the next decade for infrastructure spending, including $1 trillion for road construction.
That figure includes $800 billion for the National Flood Insurance Program.
A $2 billion grant for the Texas highway fund to help pay for projects was not included in the study.
Some states are spending money for the first time in more than 30 years, such as the New Jersey state budget, which allocated $1 billion in 2018 for the Northeast Corridor High Speed Rail project.
It is unclear if the Trump administration will be able to put the money into place, but a White House official said the project is in the planning stages.