WASHINGTON — Infrastructure in the U.S., especially for water systems and surface transportation, is desperately in need of investment, the Urban Land Institute and Ernst & Young declared this week. Their report criticized governments from the local to federal levels for their sluggish movement toward transportation and infrastructure financing reform.

“Despite the national highway trust fund nose-diving into insolvency, Congress ­delays action on raising revenues to help pay for roads and transit either through a gas tax hike or user fee initiatives like tolling interstates,” the institute and firm said.

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