Politico Covers RAMP Act

  • News
  • by BPC Staff
  • on April 3, 2012
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via Politico

 

Each year, shippers pay more in user fees than is spent to upgrade the nation’s ports – leading to a surplus approaching $7 billion in a time roads and transit systems face long-term funding shortfalls in the hundreds of billions of dollars. Water transport is vitally important in light of President Obama’s call to double U.S. exports in five years and as the country approaches the 2014 widening of the Panama Canal.

The Realizing America’s Maritime Promise (RAMP) Act is a hugely bipartisan bill, with over 100 Republicans and 80 Democrats in the House supporting it. A companion bill in the Senate has attracted pols from both parties.