Friday, October 18, 2013

Growing the Debt: Stopgap funding bill sprinkled with $$ for local projects

cap_dome_101413.jpgThe stopgap bill to fund the government was only supposed to end the partial shutdown for a few months, no strings attached -- right? 
Nope. 
Despite the bill being tiny by Washington standards -- just 35 pages -- lawmakers still managed to tuck in billions of dollars in additional spending. 
Already, one item has earned some degree of notoriety. Appropriators included a line increasing the budget for an Ohio River dam project from $775 million to $2.9 billion. 
Costs for the project, approved in 1998, have soared above the original price tag. Supporters of the Olmsted Locks and Dam funding argue the additional money is necessary to reduce bottlenecking at the crossing of the Ohio and Mississippi rivers. 
Sen. Dianne Feinstein, D-Calif., who along with Sen. Lamar Alexander, R-Tenn., supported the item, told Fox News that all barge traffic would be suspended if the dam wasn't funded. 
She said the funding was included in the budget bill because it is the only spending bill moving. The House had earlier approved funding for the dam, though at a lower level. 

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