As Chairman Bingaman has noted, Reclamation's analysis shows that an increase in funding for the construction of rural water projects to $80M per year would reduce the total Federal appropriations needed to complete the projects by more than $1B, due to project costs and inflation.
Jeff Bingaman: “As Chairman Bingaman has noted, Reclamation's analysis shows that an increase in funding for the construction of rural…”
Editor's note · Context
Bingaman emphasizes the financial benefits of increasing funding for rural water projects.
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We ought to be encouraging that. That should not be something that we just do for 3 years or 5 years.
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