The New American Accord
Infrastructure Execution Plan
Phased by danger level and population affected. ASCE grades US infrastructure C overall — nine categories at D or D+. $3.7 trillion investment gap. The Accord closes it through the Two-Ledger Principle: General Fund for the existing backlog (Ledger 1), Climate Trust for climate-driven adaptation (Ledger 2).
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Boundary Test — Two-Ledger Principle
Would this project be needed if climate change didn't exist? If yes → General Fund / Ledger 1 (existing infrastructure backlog that predates warming). If no → Climate Trust / Ledger 2 (new risk created by climate change). If both → split proportionally.
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