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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

Somali Pirate Sentenced to 12 Years by German Court

A German court sentenced a Somali asylum-seeker to 12 years in jail on Thursday, for his involvement in the pirate hijacking of a tanker in the Indian Ocean in 2010.

DHL Expects Immunity in Price Fixing Investigation

Deutsche Post expects its DHL forwarding business to be granted immunity from prosecution and fines by Singapore antitrust authorities, who are investigating 11 companies for alleged price fixing,

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Port Authority 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: 0.1014 sec (10 req/sec)