Jack Schenendorf

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• Jack Schenendorf
• Of Counsel, Covington Burling LLP
• Vice Chair, NSTPRSC

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Part 1

• National Surface Transportation
• Policy and Revenue Study Commission

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Commissioners
Mary Peters Secretary of Transportation
Chairperson Jack Schenendorf Covington Burling
LLPVice Chair Frank Busalacchi Wisconsin
Secretary of Transportation Maria Cino Deputy
Secretary of Transportation Rick Geddes Cornell
University Steve Heminger Executive Director,
MTA Frank McArdle General Contractors Association
of New York Steve Odland Chairman and CEO, Office
Depot Patrick Quinn Chairman, American Trucking
Association Matt Rose CEO, Burlington Northern
Santa Fe Railroad Tom Skancke CEO, The Skancke
Company Paul Weyrich Chairman and CEO, Free
Congress Foundation
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A Looming Crisis

• Aging System
• Inadequate Capacity

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No Easy Answers
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A New Direction

• Reform
• Restore National Vision
• Restore Accountability
• Speed Up Project Delivery
• Increased Investment
• 87 billion per year to 225 billion per year

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How Will We Pay For It?

• Federal Motor Fuels Tax
• Freight Fee
• Customs Fees (portion)
• Ticket Tax
• Cap-and-Trade Revenue
• Investment Tax Credit
• VMT
• Tolling
• Congestion Pricing

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What Will Be Role Of Tolling/Pricing?

• More Expensive Than Pay-As-You-Go
• Policy Concerns
• Rationing
• Use of Revenues
• Fairness
• Balkanization
• Private Sector
• Length of Lease
• Non-Compete Provisions
• Unlimited Profits

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Part 2

• SAFETEA-LU Reauthorization

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Background

• SAFETEA-LU expires September 30, 2009
• Design of SAFETEA-LU
• Implications For FY 2010 and Beyond
• FY 2008/2009 Shortfall and Fix

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Context

• New Congress
• New Administration
• Short Timeframe
• Leadership

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Unique Challenges

• Economic Crisis
• Energy Independence
• Climate Change
• Financing
• Gas Tax
• PPPs

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Options

• No Revenue Increase
• Modest Revenue Increase
• Bold Revenue Increase

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Yes, We Can Put Country First

• Short Term Stimulus
• Will Make America More Competitive in 21st
  Century Global Marketplace
• Necessary for a Healthy and Robust Economy
• Makes Other Investments Possible
• Jobs, Jobs, Jobs
• Reduces Dependency on Foreign Oil
• Reduces Greenhouse Gases

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Our unity as a nation is sustained by free
communication of thought and by easy
transportation of people and goods... Together
the unifying forces of our communication and
transportation systems are dynamic elements in
the very name we bear United States. Without
them, we would be a mere alliance of many
separate parts.

• Dwight D. Eisenhower, 1955

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For More Informationwww.transportationfortomorr
ow.org