Economy
Funding for WRRDA & US Corps of Engineers Approved
Written by Sandy Williams
June 10, 2014
Funding for the FY 2015 appropriations bill that supports the US Army Corps of Engineers and projects in the WRRDA has been approved by the House Appropriations Committee. Funding for the Corps civil works projects is $5.493 billion.
Below is a reprint of a press release by Waterways Council Inc. praising the Committee’s approval and explaining some of the highlights.
Arlington, VA – Waterways Council, Inc. (WCI) today praised the House Appropriations Committee’s Energy & Water Subcommittee approval, by unanimous voice vote, the FY ’15 appropriations bill that funds the U.S. Army Corps of Engineers’ Civil Works program.
Fiscal year 2015 funding for the Corps’ Civil Works mission is $5.493 billion, an increase of $25 million above the FY ’14 enacted level and nearly $1 billion ($959.5 million) above the President’s budget request.
According to Subcommittee Chairman Mike Simpson (R-ID), highlights include:
–Navigation projects (undesignated) will receive an increase of $484 million above the Administration’s request.
–Inland Waterways Trust Fund (IWTF) supported projects received an increase of $112 million or a total of $281 million for priority projects in FY ’15. As is normally the case, project-specific details are being withheld until the full committee marks up the bill. The expectation is that the bill will be considered there next week.
–Harbor Maintenance Trust Fund (HMTF) spending will increase by $185 million above the Administration’s request.
–Inland Operations & Maintenance (O&M) will increase by $45 million over the Administration’s request.
–There are no new starts or earmarks in the bill.
“Today is momentous for the inland waterways, but also for Americans who rely upon the critical cargoes that are transported on our rivers. We witnessed the signing of the Water Resources Reform Development Act (WRRDA) 2014 into law by the President, and received strong House FY ’15 appropriations funding levels for the Corp of Engineers’ important work,” said Michael Toohey, WCI President/CEO. “Congress acted on WRRDA, the President signed the bill into law, and House appropriators are now funding our waterways’ infrastructure appropriately in order to increase exports, sustain and grow jobs, and keep America’s goods moving to market,” he continued.
Sandy Williams
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