Infrastructure is defined as “the underlying foundation or basic framework of a system or organization.” In the United States, those systems, the backbones of our highways, bridges, levees, power grids and pipelines are crumbling. The American Society of Civil Engineers has given our nation’s infrastructure a near failing grade of “D” overall. Trillions may be needed to rebuild critical public infrastructure. If not, more catastrophic failures similar to the Minneapolis I-35W Bridge Collapse in 2007 and the San Bruno, Calif., gas transmission line explosion in September of 2010 could occur.
In the CNBC Original Production “Race To Rebuild: America’s Infrastructure,” Michelle Caruso-Cabrera takes viewers inside the infrastructure problem and asks the experts and policy makers what’s being done to put the nation back on track. Should the private sector be enlisted to help rebuild failing infrastructure? Will President Obama’s proposed $50 billion in funding for fixing roads, bridges, rail lines and airports be enough? “Race to Rebuild: America’s Infrastructure” searches for innovative answers to a national crisis.