Federal Budget Proposal Released

Tuesday, February 03, 2004
Federal Budget Proposal The White House issued a Press Release stating that the proposed FY 2005 federal budget has been sent to Congress. As can only occur in Washington, the agencies are lining up to explain how happy they are to have their budgets cut or capped. The Department of Homeland Security (one of the few winners in the battle of the budget) announced that a $3.7 billion increase in funding to $40.2 billion has been proposed for the department for FY05. On border and port security, the budget includes $411 million more than in FY04 for customs and border patrol, immigration and customs enforcement, and the Coast Guard. For seaport security, the president proposed an additional $25 million over last year's funding for the final phase of a pre-screening cargo initiative. The Department of Transportation announced that its budget request of $58.7 billion represents an increase over the amount requested the previous year. The U.S. Army Corps of Engineers discussed its $4.215 billion budget for dredging and other activities. One should remember that it is a long way from initial budget proposal to the final appropriation acts – much can and will happen. It is rumored that all federal funding for Janet Jackson and Justin Timberlake has been cancelled. Source: HK Law

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

Gender Identity Spat Sinks Spending Bill

The rancorous political debate over sexual identity unexpectedly prompted the Republican-controlled House of Representatives to rejected an energy and water spending

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

 
 
Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0675 sec (15 req/sec)