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Obama Proposal Would Redirect Coastal Restoration Funds

Workers reflood salt marsh
Workers reflood salt marsh

President Obama is proposing that an offshore revenue sharing plan, set to provide Louisiana millions of dollars in revenue for coastal restoration, be replaced with a plan that would spread that money across the nation for various issues.


Workers reflood salt marsh
Credit noaanews.org
Workers reflood salt marsh

Senator Bill Cassidy says the proposal would strip Louisiana and other Gulf Coast states of revenue promised by the Gulf of Mexico Energy Security Act which is scheduled to go into effect in 2017.  He believes the president has become ambivalent to the people affected by Hurricanes Katrina and Rita.  "This money, by our Constitution, is set to prevent such a disaster from happening in the future," Cassidy said.  He argues the revenue from the energy security act will be used to maintain levees and provide coastal restoration.

Cassidy suggests the president look at other revenue streams, pointing out some states get 50-percent of the royalties from oil and gas resources produced on in-state lands, while Louisiana, over the past three years, has gotten less than one percent.


Copyright 2021 KEDM Public Radio. To see more, visit KEDM Public Radio.

After working in Baton Rouge radio for six years, Bob returned to Monroe in 1996. He served as program director for a local commercial radio station immediately prior to joining KEDM in 2009, as News and Public Affairs Director. A graduate of the University of Louisiana at Monroe, he holds a degree in Radio/TV/Film Management.

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