Number: RL32192 Title: Harbors and Inland Waterways: An Overview of Federal Financing Authors: Nicole T. Carter, Resources, Science, and Industry Division Abstract: Harbors and waterways are a significant part of the nations transportation system. Because of the national economic benefits of maritime transport, the federal government has invested in navigation infrastructure for two centuries. The future direction of federal financing of the system, however, remains uncertain. A recent proposal by the Bush Administration and proposed legislation are in opposite directions: the Administration proposed reducing the navigation systems draw on general revenue funds, while H.R. 2557 (passed by the House, September 24, 2003) could increase federal investment in the nations harbors. This report outlines the commercial navigation system, how the federal government finances the system, some of the proposals to change federal financing, and current challenges to the future of harbors and inland waterways. Pages: 7 Date: Updated January 12, 2004