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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
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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
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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