1. Joshua Schank President and CEO Eno Center for Transportation Congress: Gridlocking Towards Glory or How I Learned to Stop Worrying and Love General Fund Revenues

2. Presentation Outline Policy Outlook Current Funding Outlook Potential Future Options What can be done about it?

3. Policy Outlook

4. Columbia and the ADA

5. Pre-MAP 21 System No Performance Measures or Accountability Inadequate Resources Modal SilosDonor/Donee

6. Spending Under SAFETEA-LU

7. End of an Era?

8. Congress Taking What They Can

9. Current Funding Outlook

10. Jonah and the Clock

11. No Progress on Long-Term Funding Source: AASHTO

12. Potential Future Options

13. Max’s Solution

14. Under Consideration General Funds Default policy Most likely outcome Used by virtually every other developed nation Gas Tax or Similar Still strongly under consideration Could move to sales tax or wholesale tax VMT Fee Unlikely to come from feds Could have potential at state or regional level

15. Funding Tradeoffs Highway Trust Fund General Funds No modal battles Fewer geographic battles Not tied to gas tax Dedicated Contract authority

16. What can be done about it?

17. Congress: Ready to Go

18. Conclusions Current system fails to provide long-term sustainable funding There is no evidence that Congress can tackle this problem by increasing user fees Congress’ default position has already improved things A conscious move to general funds could effectively improve performance, reduce modal siloes, and provide sustainable funding

19. Jschank@enotrans.org (202) 879-4711 www.enotrans.org www.enotrans.org