I would like to thank Chairman Baucus and Senator Murray for their support and resolve to work to address the issue of cargo diversion posed by the harbor maintenance tax. The Water Resources Development Act that we are discussing here today is an important bill that works to ensure the economic success of our Nation's waterways. The language we were able to include in this bill is just the start of our effort to address the serious issue of cargo diversion and international competition. It gives deep-water ports the ability to more cost-effectively utilize the funds raised by the harbor maintenance tax to keep competitive with their Canadian and Mexican counterparts. Over the past decade, we have seen increasing competition for the market share of U.S.-bound goods from ports beyond our border to the north and to the south. These diversions can be partially attributed to the added cost of paying the harbor maintenance tax at U.S. ports. In fact, among the top 25 North American ports, the fastest growing in 2012 were the Port of Prince Rupert in Canada and the Port of Lazaro Cardenas in Mexico. Instead of U.S.-bound cargo creating growth of U.S. ports, we are witnessing this cargo, previously shipped through our west coast ports, contributing to the growth of Canadian and Mexican ports.…
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