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Tuesday, April 16, 2024

USCG FY 2003 Budget Discussed

Maritime Activity Reports, Inc.

March 8, 2002

The Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure conducted a hearing yesterday on the Coast Guard FY 2003 Budget. The Subcommittee discussed, among other things, the monies necessary to fund the service's homeland defense and maritime security missions. It also noted that the President's budget included a proposed navigation user fee. Congress has rejected prior proposals of this type. Admiral James Loy, Commandant, U.S. Coast Guard, testified about transforming the organization, restoring readiness, and shaping the future.