If transportation policy is going to achieve critical national objectives around economic competiveness, environmental sustainability, and social equity in an era of fiscal constraints it will require a 21st-century transportation vision. In this presentation, Robert Puentes will lay out such a vision and argue that by concentrating reforms on three major policy areas—federal leadership, empowerment of metropolitan areas, and optimization of the program—federal transportation policy can move from the anachronistic structure that exists today to something that actually works for the nation and metropolitan America.