James Oberstar: “In the hearing yesterday, I made it very clear that the committee would move forward with the broader changes that the…”

“In the hearing yesterday, I made it very clear that the committee would move forward with the broader changes that the gentleman just discussed, Madam Speaker, so that the Coast Guard will have authority to draw larger sums, in hundred-million-dollar increments, with proper notification to Congress, without having to come back and legislate each time. But that is beyond the scope of the pending bill. And the technical changes notified to us are of a truly technical nature. Expanding into the broader question that we are now discussing would require new legislation. And I commit to the gentleman that that will be part of our bipartisan work in committee, and we will craft the appropriate language.”