President Bush has requested $7.1 billion for fiscal year 2003 for Coast Guard activities, which are subject to appropriation. The administration has requested $1.6 billion (28 percent) more than the amount appropriated for the Coast Guard in fiscal 2002.
“The president’s fiscal year 2003 budget will restore the Coast Guard law enforcement operations, which have been greatly reduced since the agency instituted the largest port security operation since World War II,” said U.S. Rep. Frank LoBiondo, R-N.J., chairman of the House Coast Guard and Maritime Transportation Subcommittee.
Adm. James M. Loy, commandant of the U.S. Coast Guard, said the agency needs more funding to operate in a more demanding and dangerous environment, especially in light of the Sept. 11 attacks.
“Our mission profile is different than planned for a year ago,” Loy said. In addition to thwarting drug smuggling attempts and the illicit movement of people, money and weapons onto the American homeland, the agency now has to safeguard domestic shores from terrorists, he said. “Terrorism, however, is only one of many modern-day threats to homeland security.”
Loy also appealed to members of Congress for more financial support so that the agency may increase it search and rescue efforts, while adding that the agency responds to about 40,000 search and rescue missions each year.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now