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Explore post-2012 election outcomes, legislative agenda, and infrastructure funding for asphalt contractors in an informative NAPA webinar on November 15, 2012, by industry experts Jay Hansen and Steve Palmer.
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Election Implications for Asphalt Contractors NAPA Webinar November 15, 2012
Presenters • Jay Hansen, Executive Vice President, NAPA • Steve Palmer, Vice President, Van Scoyoc Associates
Webinar Overview • 2012 Election Results • Changes • Administration • House • Senate • MAP-21 Implementation and Reauthorization • 113th Congress Legislative Agenda • Questions
Overview 235 200
NAPA PAC • NAPA’s PAC provides financial contributions to members of Congress which support investment in transportation infrastructure. • Develops key relationships with Congressional leaders. • In 2012, NAPA PAC supported 48 members of Congress. • 92% of those supported in 2012 will be apart of the 113th Congress.
Administration • Who will stay and who will go? • US DOT – Ray LaHood • EPA – Lisa Jackson • Department of Energy – Steven Chu
House • 235 Republicans – 200 Democrats • GOP/Dem Leadership Steady • Committees • Transportation & Infrastructure Committee • Transportation Appropriations (Subcommittee) • Ways & Means • Budget
Senate • 55 Democrats/Ind. – 45 Republicans • Democratic Leadership Steady • Changes on Republican Side • Committees • Environment & Public Works • Banking & Urban Affairs • Commerce, Science & Transportation • Finance • Transportation Appropriations (Subcommittee)
Lame Duck Post-Election Session • Congress returned this week • Session will last no more than five weeks • Very full agenda. • Fiscal Cliff – Tax/Sequestration • FY 2013 Omnibus Appropriations bill • Cybersecurity legislation • Defense Authorization • Farm bill
Fiscal Cliff • What is it? • Tax issues: Bush tax cuts, payroll tax cut, tax extenders • Sequester: $109 billion across-the-board cuts • (Highway Trust Fund is exempt) • Why does it matter? • CBO estimates reduction in GDP of 3 percent • Increase in unemployment from 7.9 to 9.1 percent
NAPA Issues in 113th Congress • MAP-21 Implementation • Highway Funding in 2013 & 2014 • Pavement Condition Performance Measures • Pavement Technology Deployment Program • GAO LCCA Report • MAP-21 Reauthorization • Long-term funding solution for Highway Trust Fund • Pavement Economic Issues
Highway Trust Fund Projections Based on CBO Score of MAP-21 (June 2012)
Estimation of Federal Highway Obligations Through 2022 $ billions (Assuming “minimum prudent” balance of $4 billion in Highway Account.)
More Information • jhansen@asphaltpavement.org • www.asphaltpavement.org/govaffairs • NAPA Asphalt Fly-In September 11-12, 2013