Clean Water Trust Fund Could Run Dry: GAO Report

Law360, New York (August 27, 2009, 4:00 PM EDT) -- With American wastewater systems facing a potential shortfall up to $400 billion for necessary repairs over the next decade, finding the cash and consensus to support a clean water trust fund could prove difficult, according to a report released Wednesday.

The U.S. Government Accountability Office found that, while wastewater and drinking water industry stakeholders generally supported establishing a public trust to fund critical infrastructure upgrades, they remained divided over how to administer such a program, how to distribute funds and how to pay for it....
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