2016 Election Snap Judgement
The 2016 elections have come to a close and Donald Trump with be the 45th President of the United States. Below is brief reaction to the election and its impact on transportation & TDM.
Republicans will maintain control of the House with Democrats only picking up 5 seats. Overall, less than 15 seats exchanged hands between parties, significantly less than previous elections. Former Chair of the T&I, Jon Mica (R-FL) was one of the incumbents that failed to be re-elected. The lack of change-over is stunning considering the overall mood of the electorate. Committee leadership in the House will widely remain unchanged.
Like the House, there was very little change in the make-up of the Senate. As of print, only one seat exchanged hands with Senator Kirk (R-IL) losing re-election. The Senate race in New Hampshire remains to close to call. Democrats needed to take 5 seats, which is has clearly failed to do. Republicans will control the Senate with a 53 or 52 seat majority.
Unlike the House, the Senate will see numerous changes in Committee Leadership. The Senate Environment & Public Works Committee will see a new Chair and Ranking Member. Early indications are that Senator Barrasso (R-WY) or Senator Capito (R-WV) will assume Chair and that Senator Carper (D-DE) will assume role of Ranking Member. The Senate Banking Committee will also see a new Chair, likely to be Senator Crapo (R-ID).
Few expected Mr. Trump to win, so there has been little speculation about what a Trump DOT will look like. However, in his victory speech, President-elect Trump mentioned a need to ‘rebuild’ our country and spoke about massive infrastructure improvements. He recently unveiled glimpses of a plan that looked at investing over $1 trillion in infrastructure paid partially through tax incentives to equity partners who will loan money to local governments.