3. WRRDA mandates infrastructure reformation and is expected to free up funds for necessary waterways projects, but...
WRRDA mandates infrastructure reformation and is expected to free up funds for necessary waterways projects, but the Army Corps of Engineers believes that revamping the entire inland waterways system is necessary and estimates it will cost about $125 billion. Looking at the funding for WRRDA we see $8 billion in flood prevention and port expansion projects…but with more than 200 outdated locks, where is the rest of the money coming from to really get traffic moving on the waterways?