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CNN The Situation Room July 1, 2014 21:46:00

For what the impact could look like. an emergency shutdown of the critical eye 495 bridge, the problem? cracks and leaning support columns. old underground pipes breaking in cities across the country. causing major flooding. the president and transportation secretary anthony foxx say failure to fund, repairs and improvements will cost americans in more ways than one. how many jobs potentially at stake here? we re estimating 700,000 jobs at risk. in 2011, commuters wasted $2.9 billion gallons of gas just sitting in traffic costing the average consumer more than $800 per year according to one study. the highway trust fund gets revenue from an 18.4 cent per gallon gas tax. but the tax has not increased to keep up with inflation since 1993. now, it the clock is ticking as congress debates how to prevent ....

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