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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I do want to acknowledge the bipartisan effort and support for the E-Rate Program by Chairman Rockefeller and Maine's original E-Rate champion, Olympia Snowe.
If we ever want to harness the wind off of our shores, it has to be through an investment tax credit.
Due in no small part to the leadership of Senators Rockefeller and Snowe, the E-Rate program from its inception focused on providing high-capacity transmission services to libraries and schools.
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.
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