The Water Resources Development Act that the Senate Environment and Public Works Committee cleared in March would cost $31.5 billion over 15 years, the Congressional Budget Office said on April 30. That’s about double the price tag of a WRDA bill the House passed April 19. CBO says Senate-panel language effectively authorizing Category 5 hurricane protection in south Louisiana would cost at least $15 billion and perhaps more.
CBO Pegs Panel's WRDA at $31.5 Billion
May 9, 2007