James Oberstar: “You place orders for transmissions, you place orders for brake assemblies, for air conditioning, for the steel framework…”

Well, it is to replace what has been destroyed. It's really just clarifying what is already available under OPA, but making it clear that the funds can be used for those resources that have been damaged so badly they can't be restored.

We are going to hold them accountable. The Coast Guard will hold them accountable. I do want to point out that the emergency fund is an account within the Oil Spill Liability Trust Fund. It is not a separate fund of its own. Further, as…

We must move away from complete reliance on public funding for infrastructure and forge a new, stronger connection between private capital and infrastructure needs.

The Coast Guard Authorization Act of 2010 is a bill this committee has worked on for the past 4 years, actually 6 years, starting in the time of the Republican majority, when our committee was united, our committee was unified behind this…