Construction Legislative Week in Review
www.agc.org August 28, 2014
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On the Inside
TRANSPORTATION
CBO Projects Continued Highway Trust Fund Shortfalls
2014 ELECTIONS
Primary Season is Wrapping Up
AGC EVENTS
Register for the AGC/CFMA Construction Financial Management Conference
2014 AGC Highway & Utilities Contractors Conference Session Highlight
TRANSPORTATION
CBO Projects Continued Highway Trust Fund Shortfalls
Participate in Hardhats for Highways – Your Company’s Future Depends on It
 

This week, the Congressional Budget Office (CBO) released their semi-annual Economic and Budget Outlook, in which they have updated their ten-year solvency projections for the Highway Trust Fund.

CBO estimates that sometime in fiscal year 2015 the revenue in the trust fund will run out.  Although the CBO does not provide a specific deadline, it is estimated that the transfer of nearly $11 billion approved by Congress in late July will only maintain current trust fund spending levels through the end of May 2015.  CBO’s long-term Highway Trust Fund projections show that the cost of a six-year transportation bill at current funding levels plus inflation would require approximately $85 billion in additional revenues into the trust fund.

The report affirms that the recently-passed “Highway and Transportation Funding Act of 2014” is simply delaying the inevitable insolvency of the Highway Trust Fund.  AGC and our members continue to urge Congress to address this issue through the Hardhats for Highways initiative. 

Your Legislators are currently away from Capitol Hill and working in your states for the next two weeks.  Please use www.HardhatsforHighways.org to contact your elected officials and tell them to fix the insolvency of the Highway Trust Fund.

For more information, please contact Sean O’Neill at (202) 547-8892 or oneills@agc.org Return to Top

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2014 ELECTIONS
Primary Season is Wrapping Up
 

Florida

The Florida primary proceeded as expected.  Gov. Rick Scott won an 88 percent Republican victory and former Gov. Charlie Crist scored 74 percent on the Democratic side. With no U.S. Senate race on the ballot this year, all of the contested federal action is in U.S. House races. The eight challenged incumbents all broke 70 percent of the vote.

In the two congressional races of note, Miami Dade School Board member and former U.S. Senate state director Carlos Curbelo was an easy winner in the 26th District. He earns the right to challenge freshman Rep. Joe Garcia (D) in what will be a highly competitive campaign.

Additionally, former state Rep. and businessman Carl Domino topped five other Republican candidates with 38 percent of the vote. Though this is another nominally Republican seat, freshman Rep. Patrick Murphy (D-FL-18) appears strongly positioned for re-election. This will be a competitive battle, but is a possible GOP conversion only if a major Republican wave forms.

Oklahoma

It is highly likely that the Oklahoma City Republican run-off voters selected a new Congressman. Former Army Lt. Col. Steve Russell, who led the military mission that captured Saddam Hussein, and then wrote the book "We Got Him" to describe the details, defeated state Corporations Commissioner Patrice Douglas (59-41 percent).

In the Senate race, as expected, state Sen. Connie Johnson clinched the Democratic Senatorial run-off, but has more than likely won the right to lose to Rep. James Lankford (R-OK-5) in the fall. The two are vying to replace resigning Sen. Tom Coburn (R).

Arizona

In the Governor’s race, state Treasurer and former Cold Stone Creamery CEO Doug Ducey won the Republican nomination with 37 percent of the vote against five GOP opponents. Mr. Ducey will now face former Clinton Administration official Fred DuVal in the general election. Mr. DuVal was unopposed on the Democratic side of Tuesday night’s primary. Ducey is considered a slight favorite against DuVal in the general election.

The 1st Congressional District race may take some time to sort out. As predicted, the 1st District Republican primary proved to be extremely close. State House Speaker Andy Tobin and rancher Gary Kiehne are within 469 votes of each other. The eventual winner will challenge Rep. Ann Kirkpatrick (D), which will become a highly competitive campaign. Expect a recount and a court presence in this campaign before an official winner is determined.

In the 2nd Congressional District, former Air Force officer and 2012 Republican nominee Martha McSally (R) made her re-match with Rep. Ron Barber (D) official. She easily defeated two Republican opponents, topping 68 percent of the vote.  McSally lost by less than one percent of the vote in 2012, and this campaign may see her move to the favorite's position before long. The Arizona border situation, in a mid-term election, could give McSally all the boost she needs to win in November.

Seventh District Democrats have chosen a new Congressman. State Rep. Ruben Gallego defeated former Maricopa County Commissioner Mary Rose Wilcox and two others, winning 48 percent of the vote.  Without a Republican on the ballot, Gallego has for all intents and purposes won the right to succeed retiring Rep. Ed Pastor (D-AZ-7).

In the 9th district, former military veteran Wendy Rogers defeated ex-Oakland Raiders and Arizona State University football quarterback Andrew Walter in the GOP primary. Rogers will now challenge freshman Rep. Kyrsten Sinema (D) in a campaign that could become interesting in light of the immigration situation, and should a Republican wave develop.

Next up on Tuesday, Sept. 9: Delaware, Massachusetts, New Hampshire and Rhode Island.

For more information, please contact David Ashinoff at (202) 547-5013 or ashinoffd@agc.org Return to Top

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AGC EVENTS
Register for the AGC/CFMA Construction Financial Management Conference
Early Bird Deadline Expires Next Week
 

Jointly sponsored by the Associated General Contractors of America (AGC) and the Construction Financial Management Association (CFMA), theAGC/CFMA Construction Financial Management Conference was developed in response to a need for programs and workshops designed specifically for financial professionals in the construction industry.

The three-day conference is filled with 36 interactive sessions, covering the latest industry issues and their financial implications. Sessions are delivered “group-live” and are at intermediate, overview and update program levels. There are no prerequisites or advanced preparation required.

Information about the conference can be found at meetings.agc.org/agc_cfma.   Return to Top

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2014 AGC Highway & Utilities Contractors Conference Session Highlight
Preparing the Next Generation of Managers
 

What do the future leaders of the highway, transportation and utility markets look like? How to those future leaders communicate? What will their management style be? Learn what the current generation of construction industry managers are looking for in future company leaders at every level at the 2014 Highway & Utilities Contractors Conference on Nov. 13-15 in San Diego, Calif.

Millennials value process and planning much more than their results-oriented predecessors (understanding “why” and “how” is important, not just the end result). Millennials have different expectations of their employers, and will move jobs quickly if they are not being met. So what are you doing in your business to invest and capitalize on the next generation of leadership? Attend and learn about the generational differences in management style and expectations.  

Understanding how the current generation of managers run their businesses will help you move up the management ladder. Industry leaders spanning across multiple generations will provide their insight on what it takes to be a leader. Get your questions answered on issues such as work-life balance and making the right contacts.

Information about the conference can be found at meetings.agc.org/highwayutilities Return to Top

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