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Inland Waterways Trust Funds News

11 Feb 2020

Trump's FY21 Budget Request 'Inadequate' -WCI

Š Warren Price / Adobe Stock

President Trump’s Fiscal Year 2021 (FY21) budget request released on Monday is "astonishingly inadequate" says industry advocate Waterways Council, Inc. (WCI).The FY21 budget provides $0 for construction of ongoing priority navigation projects cost-shared through the Inland Waterways Trust Fund (IWTF); cuts funding for the U.S. Army Corps of Engineers’ Civil Works Mission by 22% ($5.967 billion, a $1.7 billion decrease from the FY20 enacted level); and proposes $1.8 million in new user fees on commercial waterways operators.Last fiscal year (FY20)…

06 Mar 2014

Good News for Inland Waterways - Just in Time

On January 17, 2014, Congress averted another government shutdown with a “just in time” delivery of an Omnibus Appropriations bill. Thankfully, some good news for the inland waterways also has arrived; Just in Time! The recent Consolidated Appropriations Act of 2014, or Omnibus bill, has brought a healthy funding level to the U.S. Army Corps of Engineers. This new law contains the FY 2014 Energy & Water Development and Related Agencies Appropriations Act that funds the Corps’ Civil Works program. The total program funding level of $5.467 billion represents a $749 million increase over the FY 2013 post-sequester enacted level, and is a 15.9% increase relative to FY ‘13 funding levels.

15 Jan 2014

Omnibus Bill Boosts Funding for USACE Projects

Michael J. Toohey, President/CEO, WCI

Upon review of the Consolidated Appropriations Act of 2014, Waterways Council, Inc. (WCI) is pleased with the FY 2014 Energy & Water Development Appropriations funding level of $5.467 billion, a $748 million increase over the FY 2013 post-sequester enacted level. Within the Civil Works budget, the Construction General Account receives $1.656 billion and provides $163 million for the Olmsted Lock and Dam project. The legislation also establishes a cost-sharing formula for FY14…

11 Mar 2003

Transportation Views and Estimates Released

The House Committee on Transportation and Infrastructure released its Views and Estimates regarding transportation issues for 2004. On the maritime side, the committee estimates that $2.4 billion in federal and non-federal funds is needed each year to improve U.S. ports just to keep pace with increased demand. The committee opposes expanding uses to which the Harbor Maintenance Trust Fund and the Inland Waterways Trust Funds could be put. The committee proposes that annual funding for the Coast Guard Integrated Deepwater System be $578 million, rather than the $500 million put forward by the President’s budget. The committee supports a significant increase in funding for the U.S. Army Corps of Engineers, to keep maintenance and construction projects on track. Source: HK Law

24 Sep 1999

The Ocean's At Our Doorstep

The fresh fruits and vegetables on your family table may be from the farms of Portugal, having made the six-day trip across the ocean in refrigerated containerships from Lisbon to the States. And nearly 2,000 passengers recently steamed into Venice aboard the Grand Princess, which, running the length of two and a half football fields, is the largest cruise ship in the world. About 90 percent of its passengers that day, as is the case every day on most cruise ships, were Americans. In Pennsylvania, hundreds of our products - among them Cannondale bikes, Cove shoes, JLG lifts, Freedom Forge Wheels, Letterkenny ammunition, and Empire chickens - travel by rail or truck to our ocean ports for shipment across the oceans of the world.