Three Georgia politicians have written to President Barack Obama urging him to include the Savannah Harbor Expansion Project authorization increase in his budget amendment to Congress. The president’s budget allocated just $1.28 million for the harbor expansion project — which is expected to cost $652 million.
House Republicans failed to advance fiscal cliff negotiations this week, seemingly putting responsibility for any budget and tax deal back on President Barack Obama and the Democratic-controlled Senate. But Georgia's Republican senators say they are still optimistic that the power players will avert steep spending cuts and across-the-board tax hikes that go into effect if no deal is reached by the new year.
U.S. Sen. Johnny Isakson said Monday the looming fiscal cliff would devastate military contractors and communities around Georgia military bases that depend on those companies. But he said massive cuts in federal spending would do damage throughout the economy.
In a talk Thursday at the Atlanta Press Club, U.S. Senator Johnny Isakson said he thinks there will soon be a break in the political gridlock in Washington. The Marietta Republican cited the former Gang of Six, who are now known as the “Gang of Eight” since adding two members.
U.S. Sen. Johnny Isakson has cut short a study of whether the federal government should crack down on pollution of the Ogeechee River. Isakson’s interest came in the wake of the largest fish kill in state history in the river last year.
Tuesday is the deadline for public comments in a plan to deepen Savannah's harbor from 42 to 47 feet. Supporters and opponents of the project have been picking over the massive proposal and have different conclusions for federal officials who'll make a final yes-or-no decision later this year. The US Army Corps of Engineers spent 14 years studying plans to deepen the Savannah harbor.
Georgia's business and political leaders eagerly awaited this week's final report on Savannah harbor deepening. But while it's the US Army Corps of Engineers' last word on the project, it's not the last word in the public debate over whether the deepening should happen. The agency next week will open a comment period.
U.S. Sen. Johnny Isakson (R-Ga.) wants to see the end of government-owned mortgage giants Fannie Mae and Freddie Mac, and he has filed a proposal to phase them out over 10 years. Isakson’s bill would replace Fannie and Freddie with a single Mortgage Finance Agency to guarantee residential mortgages. After 10 years, that agency would become a private entity.