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Election Implications for Asphalt Contractors NAPA Webinar November 15, 2012.

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Presentation on theme: "Election Implications for Asphalt Contractors NAPA Webinar November 15, 2012."— Presentation transcript:

1 Election Implications for Asphalt Contractors NAPA Webinar November 15, 2012

2 Presenters Jay Hansen, Executive Vice President, NAPA Steve Palmer, Vice President, Van Scoyoc Associates

3 Webinar Overview 2012 Election Results Changes –Administration –House –Senate MAP-21 Implementation and Reauthorization 113 th Congress Legislative Agenda Questions

4 Overview 235 200

5 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 113 th Congress.

6 Administration Who will stay and who will go? –US DOT – Ray LaHood –EPA – Lisa Jackson –Department of Energy – Steven Chu

7 New Faces of the 113 th Congress

8 House 235 Republicans – 200 Democrats GOP/Dem Leadership Steady Committees – Transportation & Infrastructure Committee – Transportation Appropriations (Subcommittee) – Ways & Means – Budget

9 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 )

10 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

11 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

12 NAPA Issues in 113 th 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

13 Highway Trust Fund Projections Based on CBO Score of MAP-21 (June 2012)

14 Estimation of Federal Highway Obligations Through 2022 (Assuming “minimum prudent” balance of $4 billion in Highway Account.) $ billions


16 More Information NAPA Asphalt Fly-In September 11-12, 2013

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