The corps would cover 65 percent of the cost — and more importantly, it would manage them.
Tag: Levee system funding
Posted inEnvironment, Investigations
Funding crisis looms for $14 billion hurricane protection system
The agency responsible for maintaining the multibillion-dollar flood protection system can’t afford the $34 million annual bill, and possible solutions are blocked by state and congressional politics. “We’ll soon be facing a $600 million question,” says John Barry, vice president of the South Louisiana Flood Protection Authority-East.