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Vitter, Landrieu get big win for coast in budget bill
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| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus Mar 17, 2006 11:07am |
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| Category | News |
| News Date | Friday, March 17, 2006 05:00:00 PM UTC0:0 |
| Description | U.S. Sens. David Vitter and Mary Landrieu secured a major victory Thursday in their effort to bring billions of additional dollars to Louisiana for hurricane protection and coastal restoration projects.
During debate on the federal 2007 budget resolution, the Senate approved an amendment that would divert a greater share of offshore oil and gas revenues to the Gulf Coast.
"These amendments open the door for significant new hurricane protection funding and support for our small businesses," said Landrieu. "While much more work is needed to get these funds through the entire legislative process, I look forward to continuing our fight for stronger levees and coastal protection."
The amendment also called for a share of royalties from possible oil drilling in Alaska's Arctic National Wildlife Refuge and revenues from a digital TV spectrum auction to be used as funding sources for those same coastal projects.
The amount of money funneled to Louisiana could reach $5.4 billion over five years if the measure survives a conference committee in which the Senate and House of Representatives hash out differences in their budget proposals.
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