Here is the synopsis of our sample research paper on CAPITAL BUDGETS AND BRIDGES. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3-page paper focuses on the potential use of capital budgeting by the U.S. government for repair and upgrades of infrastructure. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: AS43_MTcapibudg.rtf
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Unformatted sample text from the term paper:
federal government needs to implement capital budgets for replacement of the U.S. crumbling infrastructure. Though capital budgeting - the process by which an organization determines what projects should receive investments,
is more a for-profit type of tool, DioGuardis argument is that capital budgeting is essential for infrastructure, as the investment involves human lives. With more than 73,000 bridges of the
607,363 bridges in the United States ranked "structurally deficient" at the end of 2006, not to mention electrical systems, dams and steam pipes, the authors contention is that appropriations is
not the right way to maintain or strengthen the infrastructure. Without capital budgeting, DioGuardi notes, bridges, dams and other items "become politically enmeshed with annual budget deficits and biennial partisan
electoral politics" (pg. 1). He goes on to say that a capital budget for major asset expenditures means that public investments provide benefits
over the long haul and should, correspondingly, be paid for during that same period by those who use them. By implementing a capital budget, DioGuardi believes that facilities with long
lives (most bridges have about a 50-year life span) can be capitalized as assets on the federal governments books, then depreciated or amortized each year during their useful lives.
These assets would be paid for in the first place by infrastructure bonds, which could also be paid off during the useful lives
of the assets. As a result, "the cost of our nations infrastructure is allocated fairly to each generation of taxpayers and users," DioGuardi comments. The problem with the current system,
taxes and everything else, is that it goes into "one big spending pot" that is at the mercy of pork barrel spending and earmarking, leaving little left to help with
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