With sequestration, the Corps would likely have to close 57 recreation areas and partially close 186 recreation sites. There would also be no funding for 52 ongoing studies that were funded in FY 2012, 65 construction projects that were funded in FY 2012, and 43 dredging projects that were funded in FY 2012. As the studies and construction projects are cost shared with non- Federal sponsors, over 115 local sponsors would be left with no Federal share to match their contributions for these studies and projects, further delaying completion of these studies and projects. In addition, only the bare minimum funding for dredging of ports and harbors will be available. This will lead to inefficiencies in transportation due to required light-loading which will ultimately lead to increases in consumer costs. The long term effect of these delays is increasing the costs of construction projects. More money needed to complete current construction projects means less or no funding for future projects already planned. I thank Senator Mikulski for the colloquy today on this issue.
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