John D. Porcari: “The Obama administration unequivocally supports the Jones Act and is committed to the continued success of the U.S.…”

Again, what the sequester is in a part of a fiscal year, because three-quarters of our Department is exempt from it, is the equivalent of a 90 percent cut.

But how, on the other hand, can you justify additional public money without constantly looking at the demand-supply equation that exists out there?

Any major infrastructure investments... has required core public funding on a multiyear basis to be effective.

As important as the discussion is today about reengineering the process, greater efficiencies, more concurrent process, all of which we support, that only helps if the money is there to actually build the project at the end of it.