Green leads letter to President Obama requesting improved funding for Fiscal Year 2015
On February 21, 2014 Representative Gene Green led a letter to President Barack Obama, undersigned by 31 Members of Congress, requesting a significant increase in funding for the Army Corps of Engineers in the President’s budget for Fiscal Year 2015.
“I’ve represented the Port of Houston and the Houston Ship Channel for over 30 years now,” Green said. “During that time I have seen a long line of economic successes surrounding the Port and the Channel, including a recent expansion of an Intermarine Operations Center. We’ve continued to expand, but our resources have not. We need to fund the Corps of Engineers adequately, it is necessary to our continued success.”
For more than a decade, funding levels for the U.S. Army Corps of Engineers have remained stagnant, and failed to meet the demand for investment and innovation that ports need to grow.
Currently, ports generate approximately $3.2 billion in economic activity each year. In Texas, imports and exports support more than one million jobs, generate $175 billion in economic impact and are responsible for $4.5 billion in tax revenue.
Increased funding would provide relief for the Houston Ship Channel and Port of Houston, and would allow new dredging and construction projects to begin. As the Panama Canal expansion reaches completion in 2016, the U.S. must invest in infrastructure needs to be able to handle increased traffic and larger ships.