AGRIBUSINESS: New WRDA Bill Passes
Every two years Congress authorizes the Water Resources Development Act, or at least it’s supposed to. Until the Senate passed the 2013 WRDA bill one day after Senate Ag passed its farm bill, no progress had been made to fund American waterways since 2007.
Mike Steenhoek with the Soy Transportation Coalition says the bill contains a few positives, including a commitment that money put into the Harbor Maintenance Trust Fund will be used for that purpose.
Currently, only half of the fund is used for maintenance. But positives aside, Steenhoek says this is just an authorization bill; for a final bill, funding included, Congress has to overcome its own history