U.S. infrastructure — and the need to restore and replace it – was the topic of a segment titled “Renovation Nation” on CBS Sunday Morning on March 5. According to the TV program, “The U.S. used to have the best infrastructure in the world. But those days are long gone.”
Reporter Kris Van Cleave interviewed a range of experts about the challenges and obstacles to bringing bridges, highways, and other infrastructure back from a state of deterioration and disrepair. One of the major questions is how to pay for improvements – raising taxes, turning to private investors or borrowing the necessary funds.