Subject: TALKING POINTS for lunch today: Amtrak/HNTB Info
From: "Joan Mayer" <[email-masked]>
To: "R. Hunter Biden" <[email-masked]>
Cc: "Eric Schwerin" <[email-masked]>
Date: Wed, 8 Jul 2015 08:23:16 -0400

*For your lunch with John Parola today*

Below is info from Joe McHugh re: John Parola and Todd Schultz’s question
on funding of Amtrak

   - The House has passed their bill and funded Amtrak at $250m lower than
   Amtrak’s current baseline of $1.4b.

   - Senate should come in around $1.39b and final bill will likely split
   the difference.

   - Amtrak is looking for another $1b infrastructure investment through
   the surface transportation bill or approps.   They think this is likely but
   this will only fund current needs/maintenance and won’t give them enough
   for new projects (e.g. Portal Bridge/Gateway).

   - They were hoping to recoup some money ($250-350m) from a lawsuit re:
   Hurricane Sandy that they could dedicate to infrastructure but it looks
   like that’s going to come in lower than they expected ($125-175m).  (THIS
   INFO IS ON A VERY CLOSE HOLD.)

   - The NEC Commission looks like it may be able to come up with $100m in
   matching funds.

   - At the end of the day, Amtrak expects that it may only have $100-150m
   in extra capital for new projects.

   - Highway bill needs to be extended at end of July - there is some
   possibility that it will be extended for longer than 2 years but this isn’t
   likely.

   - Also, note that as usual, there isn’t much hope that the individual
   Transportation Approps bill will passed by the Senate and the
   appropriations will all be done in an Omnibus with the threat of a
   government shutdown.  Same with Authorization.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
*P* *Consider the environment before printing this email.*

-- 
Joan K. Mayer
Rosemont Seneca Partners
o: 202-333-1880
m:202-841-854