Investing in America’s Critical Maritime Infrastructure
Congress recently made a major, if little noticed, new investment in American infrastructure. As part of the year-end budget deal, lawmakers released $10 billion that had been locked away in the Harbor Maintenance Trust Fund (HMTF) to be used for its intended purpose: dredging U.S. harbors to keep our ports open and to support U.S. economic and national security.
Maritime infrastructure is an indispensable national asset, which is why the U.S. Department of Homeland Security recognizes the Maritime Transportation System (MTS) as one of the seven critical subsectors within…