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According to the American Society of Civil Engineers, the nation's
infrastructure is in such dire shape that it would take $2.2 trillion over the
next five years to reverse decades of underfunding and neglect. The shortfall
for transportation infrastructure alone is pegged at more than $800 billion.
State and local governments are simply unable
(or unwilling) to fill the gap. The proposed solution: sell or lease public
assets to private companies that would provide money upfront in return for the
right to run the operation and keep most of the revenue.
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