TEA-21 Reauthorization: In Time of Crisis Why Business Should Care". Senior V. P. Wally Baker, Los Angeles Economic Development Corporation (LAEDC) says without adequate funding, thousands of jobs are at stake in California and around the country.

panelists of national and regional business, National and West Coast transportation and government officials aretaking part in a one day workshop called Transportation Reauthorization: Implications for Business in a Time of Crisis," held at the Los Angeles Athletic Club.

(PRWEB) August 1, 2003 -- TEA-21 Reauthorization: In Time of Crisis Why Business Should Care."

Senior V. P. Wally Baker, Los Angeles Economic Development Corporation (LAEDC) says without adequate funding, thousands of jobs are at stake in California and around the country.

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What:    LAEDC & U.S. Chamber Business Strategy
   
When:    FRIDAY, August 1, 2003 -- 9:00 A.M. -- 3:00    P.M. (PST)

Who:    Dick Castner, Exec. Dir., Western Region Office, Ed Mortimer, Dir., Congresssional and Public Affairs, U.S. Chamber of Commerce; Joel Szabat, Deputy Assistant Secretary, U.S. Dept. of Transportation; Roger Snoble, CEO, MTA; Joe Miniace, Pres. & CEO, Pacific Maritime Association; Pete Rickershauser, V.P. Network Dev. BNSF Railway; Gerry Seelman, VP, DMJM+Harris, Inc. Wally Baker, Senior V.P., LAEDC

Where:    The Los Angeles Athletic Club,
                431 W. Seventh Street Los
                Angeles, CA 90014

(Suggested visuals)   MTA Buses, Redline downtown & Hollywood, BNSF and METROLINK trains.

Background: This year Congress will reauthorize the Transportation Equity Act for the 21st Century (TEA-21), which sets broad federal priorities and spending levels for surface transportation for the next six years. A heated debate is guaranteed, featuring traditional friends of the business community on both sides.

Business has a huge stake in how this debate plays out. Our road and rail systems are vital to our economic health and nearly every companys operations. For example: International trade, one of the fastest growing parts of our economy, isnt just about getting goods into and out of the U.S. -- its about getting products from producers to ports and from ports to markets.

Business cant afford to sit back and hope that all goes well in Washington on this matter and now is the time to act," said CEO & President lee Harrington, Los Angeles Economic Development Corporation, a co-host. The select group of business and media leaders participating will explore the issues of Transportation and Budget crisis and impact on California.