The Treasury Dept. has released a list of 40 proposed major U.S. transportation and water infrastructure projects—and two wide-ranging programs—that promise big returns on investment but face funding or other hurdles.
According to the report, released with little fanfare on Dec. 30, the 40 projects’ estimated capital costs total more than $330 billion, but would produce net economic benefits of $500 billion to $1.1 trillion.