WCI Reacts to Obama’s FY ’14 Budget Request

MarineLink.com
Monday, April 15, 2013

Waterways Council, Inc. (WCI) reacted to the FY 2014 budget request made by President Obama as follows:

• This budget is steady-state with the overall funding level essentially the continuation of the post-sequester level for the U.S. Army Corps of Engineers’ Civil Works Program at $4.726 billion for FY ’14.

• While details are still unknown according to Assistant Secretary of the Army for Civil Works Jo-Ellen Darcy, the Administration’s per-vessel user fee proposal remains unwelcome by industry. 

• The proposed level of funding for the Corps’ Operations & Maintenance (O&M) -- $2.588 billion, is encouraging, but the funding level for its Construction account ($1.35 billion) is very disappointing.

• WCI is pleased with the $75 million for drought-related activity on the Middle Mississippi River, especially the $35 million allocated for phases two and three of the rock pinnacle removal.

• The majority of funds appropriated for navigation projects are going toward the Olmsted project ($163 million), with $2 million for the Lower Mon Project and $10.4 million to complete Lockport. 

“This budget request is not unexpected in the age of sequester and belt-tightening.  The Administration’s per-vessel user fee proposal appears to be out of touch with the appropriate level of investment from the industry that is being advocated in the RIVER Act in the Senate and WAVE 4 in the House for an increase of between 30-45% in the diesel fuel user fee the industry pays into the Inland Waterways Trust Fund,” said Michael J. Toohey, President/CEO, WCI.  “The industry and its many stakeholders in labor, manufacturing, agriculture, conservation and towing operations continue to urge inclusion of the Capital Development Plan-initiated user fee proposal in a WRDA bill as it moves through Congress,” he continued. 

www.waterwayscouncil.org
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under

Finance

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Some Roads Reopened in Brazil, Truck Strike Persists

Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had

Government Update

LA, Long Beach Ports Cooperation Approved

Federal regulators approve expanded working pact for Port of Long Beach and Port of Los Angeles to cooperate on congestion relief   The ports of Long Beach and

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

Dredging Project to Protect Virginia Shoreline

Outer Continental Shelf sand will protect infrastructure, restore dunes and habitat   The U.S. Bureau of Ocean Energy Management (BOEM) and Naval Air Station Oceana at Dam Neck,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Repair Sonar Winch
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: 0.1558 sec (6 req/sec)