Transcript Status of Funding and Authorization

Status of Funding and
Authorization
Subcommittee's of Traffic Engineering
and Operations and Management
Manchester NH 2009
Ken Kobetsky
Source: Federal Highway Administration
$ Billions
HTF / HA Receipts
37
35
33
CBO Spring 2009
31
29
27
25
Current 2009 Trend
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Year
HTF / HA Outlays
50
$ Billions
45
CBO Spring 2009
40
35
Current 2009 Trend
30
25
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Year
Reduced Highway and Transit Program
Levels Beyond 2009
Highway Program
Transit Program
50
44.1
45
40
41.0
39.6
36.9
36.3
($ billions)
35
30
25
20
15
10
8.6
9.9
9.0
9.5
10.3
5
8.7
7.8
0
2005
2006
2007
2008
2009
2010
Financing Commission
Short-term Recommendations
•Maintain/strengthen integrity of the Highway Trust
Fund
•Increase existing HTF revenue sources:
Modest increases in fuel taxes (10¢ for gas, 15¢ for diesel)
Increase (double) the Heavy Vehicle Use Tax (HVUT)
Maintain existing tractor/trailer sales tax and truck tire tax
Index motor fuels tax, HVUT, and truck tire excise tax
Non Federal Investment Options
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Tolling and other direct user fee initiatives
Federal Assistance Financing Incentive Tax
policy
Private Sector Financial Participation (PPP)
More Implications

Begin VMT transition
–

Implementation of 2020 as goal
Set Federal fee at level to fund the federal
share of needs (est 2cents per mile)
AASHTO POSITION ON VMT FEES
Congress should establish a time table put in
place a new system as soon as possible
Fund necessary research and development to
identify options for system design
Fund Proof of concept tests of VMT
2009 AASHTO AGENDA
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Ensure transportation funding until new bill has been
passed
Enact a six year bill by early fall of 2009
Repeal $8.7 billion rescission contained in
SAFETEA-LU
Eliminate or reduce earmarks
Pass a sound flexible bridge bill
Develop a national intercity rail policy
Establish a national freight program
Support transportation strategies to address climate
change and energy
BOTTOM LINE THE TRUST
FUND IS BROKE
CONGRESS NEEDS TO ACT
NOW