Quote of the Day
"The U.S. economy expanded at a faster clip than initially forecast in the third quarter, helped by more robust consumer spending and by stronger exports. The economy grew at a 2.5% annualized pace in the quarter, revised up from the initial estimate of 2.0%, the government said in its second estimate of quarterly gross domestic product. GDP growth was 1.7% during the second quarter.”
- Wall Street Journal’s MarketWatch, 11/23/2010
For Release: Wednesday, November 9, 2005
Contact: David Gillies: 202-225-5661
HOUSE APPROVES OLMSTED LOCK AND DAM, KASKASKIA NAVIGATION SYSTEM FUNDING
Washington - U.S. Congressman Jerry Costello (D-IL) announced today that the House of Representatives has approved funding for water projects in the 12th Congressional District as part of the final Energy and Water Appropriations bill for fiscal year 2005. The legislation will next be considered by the Senate and is expected to be signed into law in the near future.
"The hurricanes and storms that our country has recently endured emphasize the need to maintain our waterway infrastructure," said Costello. "These projects are important to the safety and the economy of the region."
The projects include:
· $90 million for ongoing construction and maintenance at the Olmsted Lock and Dam.
· $1.884 million for operation and maintenance of the Kaskaskia Navigation System.
###
