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Published byLuke McAllister Modified over 11 years ago
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Transportation Reauthorization Update Nina Mclawhorn, Research Administrator Wisconsin Department of Transportation Government Transportation Research Information Committee Special Libraries Association June 6, 2004
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Overview Current status of reauthorization Congressional timeline Larger issues loom Congressional budget overview Transportation Conference Committee issues Implications for NTL
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Current status of reauthorization House and Senate passed fundamentally different bills Differences will be resolved in conference committee Senate conferees selected Negotiations to begin after House conferees decided
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Congressional timeline TEA 21 expired 9/30/03 Short term extension expires 6/30/04 Six-week recess for national political conventions (late summer) Congress adjourns 10/1/04
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Larger issues loom Deficit projections Defense and security concerns National elections
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Congressional budget overview Budget, authorizations, appropriations Deficit projections Domestic spending frozen – trend to continue into future (FFY 05 transportation appropriations allocation was cut nearly $3 billion – indication of things to come)
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($ billions) 2004 2005 2005-14 CBO baseline deficits....................……………….. -477 -362 -1,893 GOP tax policies and AMT reform........……. 6 -65 -2,417 Net interest costs.....................……………….. (*) -1 -472 Deficits with GOP tax cuts and AMT reform…… -471 -428 -4,782 Deficit without Social Security............... -623 -600 - 7,139 January Baseline Deficits with GOP Tax Cuts and Alternative Minimum Tax Reform Congressional Budget Office
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Talk of restraint focused on domestic spending only
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Conference committee issues Reopener debate Size of pie (funding) Slicing the pie (donor state debate) Threats to formula funding Title V: Research and education funding Implications for NTL
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Reopener debate Six-year funding (FFY 2004 – 2009) OR Two-year funding (FFY 2004 – 2005) (expires September 30, 2005)
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Proposed Reauthorization Funding Levels - ($ Billions)
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Wisconsin Rate of Return Comparisons - Highways
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7 Comparison of Formula and Discretionary Funding
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Research and education funding compared to TEA-21 levels
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Conclusion Limited resources will require future collaboration
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