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REMARKS FOR
THE HONORABLE MARY PETERS
SECRETARY OF TRANSPORTATION

HOOVER DAM BYPASS NEWS CONFERENCE
HOOVER DAM, NV

MARCH 26, 2008
9:30 AM

Thank you all for being here. I want to thank Congressman Jon Porter for hosting us today, and thank you, Dave Zanetell, for showing us all the important work being done here at one of the most amazing sites in the country – a true national treasure – the Hoover Dam.

The dam’s beautiful views and extraordinary architecture attract thousands of tourists every day. These tourists help create jobs and drive the economy.

And not only is the Hoover Dam a top tourist destination, but U.S. Route 93 is also the primary link between Las Vegas and Phoenix – two cities whose populations have boomed since the dam’s completion in 1935.

Unfortunately, as these vibrant cities grow and more tourists visit the dam, traffic congestion gets worse. As a result, Route 93 has become one of America’s most congested highways, and traffic bottlenecks here are among the worst in the country. Overall, 20,000 vehicles cross the dam every day, and that number is expected to grow by 50 percent over the next 20 years.

With the increased traffic, it can take over an hour to pass through the 3.5-mile crossing of the Dam. We can and must do better.

Once this project is completed, it will help relieve congestion and save approximately $60 million annually in time and fuel.

But projects like this should not be an anomaly. We must strive to complete more large-scale projects, like the Hoover Dam Bypass – which I worked on back when I was Director at the Arizona Department of Transportation – in years, not decades.

Transportation in America today is at a crossroads, and finding a new approach to deal with congestion and growing demands for transportation infrastructure is important to our quality of life, our economic prosperity, and the environment.

It is a time not unlike 1956, when Dwight Eisenhower had the dream and courage to propose and begin the construction of a national Interstate Highway System that would revolutionize the American economy and way of life.

Ike believed that directly charging the people who used the Interstate system was the fairest and most efficient approach. But he was limited by the technologies of his day.

So, we built the Interstate system using indirect gas taxes, instead of tolls. And while we succeeded in constructing the largest highway system in the world, the seeds of our current problems were sown.

Today, Nevada is entirely dependent on taxes to finance infrastructure, but there is no greater symptom of our failure than the fact that Americans in every part of the U.S. are deeply skeptical that raising taxes will do anything to improve their day-to-day commutes or the productivity of their businesses.

Poll after poll shows strong opposition to increasing fuel taxes. Seventy-six percent of Nevadans told the Review-Journal they opposed increasing gas taxes to pay for highway construction.

I am here to tell you that there is a better way – a way that will allow us to do more for transportation than Eisenhower ever dreamed possible.

In addition to the existing record levels of federal funding, I am announcing today that the private sector has $400 billion available to finance new road, bridge and transit projects in this country. And that is on top of record levels of federal investment in infrastructure.

Florida, Virginia, Indiana, and Texas have developed a new model that utilizes the powerful combination of open road electronic tolling and private capital to finance and accelerate major projects. There is no reason why Nevada could not be next on that list.

We can unleash the greatest wave of transportation investment this country has ever seen. Here in Nevada, we can use private investment to spur economic development and build badly needed transportation projects that address the needs of commuters and shippers.

What we need is the political will to say no to earmarks, yes to private innovations, yes to faster approval times, and yes to infrastructure projects that solve our congestion problem and help our economy.

We have the need, the technology and the resources to build dozens more projects like the one we have just seen.

In fact, right down the road there is a great example of American growth and prosperity. But if we treated our cities like our roads, Las Vegas would still be a one-hotel town.
At the Department of Transportation, we want to encourage, not discourage investment. And we want to inspire innovation, not stifle it.

This is the path to the transportation future America needs and deserves.

We have a tremendous opportunity to seize transportation solutions that come when the private sector and communities and states are free to innovate. The time to seize those solutions is now.

Thank you. Congressman, I believe you have some remarks.

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Briefing Room