Impact of COVID-19 Pandemic on US Infrastructure- Part 2
As the COVID-19 pandemic continues to wreck havoc causing economies to be disrupted and major declines in employment rates, federal, state and local government agencies are looking at prospects of huge revenue shortfalls, lack of support system for service and maintenance, furloughing their employees and the prospect of multiple waves. In the transportation sector, most agencies are depended on various tax streams (e.g. the farebox tax, sales taxes, gas tax). With all these sources depleted, they have to depend on federal agencies to bail them out. This also puts a risk not only to their current projects but also the ones they have planned for the future.
At the same time, this is also a great opportunity for these agencies to fix their long-standing problems of projects still stuck in the gestation period. This is the time for them address these critical issues and modernize the infrastructure, without compromising on the safety.
The MTA ridership has plummeted over the last three months (Image Credits: ABC7 New York)
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