One of the issues that GAO raised in their recommendations the Coast Guard has developed baselines for some assets, and these indicate the estimated total acquisition program cost could be as much as $29.3 billion, about $5 billion over the $24 billion baseline, though the Coast Guard has yet to develop a revised baseline for all assets, one of which is the Offshore Patrol Cutter, the largest cost driver of the program.
Senator Snowe discusses the rising costs of the Coast Guard's acquisition program.
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Both sides have to understand it and reach accommodation. There's no other way to do it in the United States Senate.
I just encourage all of us to think about children, about the problems they face, and about our responsibility to help them navigate their way through those waters.
I cannot think of any higher priority than being a megaphone for the 150,000 small businesses in my State of Maine.
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