Federal Budget Released

Tuesday, February 08, 2005
The Office of Management and Budget (OMB) released the President’s 2006 Budget. The Departments of Defense and Homeland Security generally did well. Other departments and agencies are slated for significant cuts. The Coast Guard’s budget would be increased 9.9%. The budget for the Office of Border and Transportation Security (which includes the Customs and Border Protection) also would be increased 9.9%. The budget for the St. Lawrence Seaway Development Corporation would remain unchanged, but only if Congress enacts a proposal to collect user fees. The budget for the Maritime Administration would be cut by 3%, with funding for the Title XI loan guarantee program being eliminated. The budget of the U.S. Army Corps of Engineers for operation and maintenance would be increased by 1.8%. Please bear in mind that this is merely a budget request and a lot can and will happen before monies are actually appropriated. (HK Law)
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

The Martitime Security Focus Is Shifting

Former Vice-Admiral and Commander-in-chief of the German Navy Hans-Joachim Stricker, President of the German Maritime Institute (DMI), believes that in terms of

VSTEP Wins Mexican Navy Simulator Contract

The Mexican Navy selected VSTEP to supply a Class A NAUTIS Full Mission Bridge (FMB) Simulator and 24 NAUTIS desktop trainer stations for the Naval Academy in Veracruz.

Today in U.S. Naval History: July 29

Today in U.S. Naval History - July 29 1846 - Sailors and Marines from U.S. sloop Cyane capture San Diego, Calif. 1918 - Assistant Secretary of the Navy Franklin D.

Finance

Iraq's Kurds Have Right to Sell Oil While Squeezed by Baghdad

Iraq's Kurdish region has the right to keep selling oil as long as the Baghdad government keeps cutting its budget, the head of the Kurdish parliament's energy committee said on Tuesday,

Petroecuador Tenders to Buy 3.84m bbls of Naphtha

State-run oil company Petroecuador has launched tenders to buy a total volume of 3.84 million barrels of naphtha for delivery in the coming month at Esmeraldas,

Company Fined for Oil Spill Near Anacortes

Ecology issues $112,500 penalty for sunken vessel.   American Gold Seafoods faces a $112,500 penalty for an oil spill caused by the accidental sinking of its vessel,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2032 sec (5 req/sec)