04.25.07

Commerce Committee Approves Cantwell Legislation to Fix Deepwater

Cantwell bill endorsed by Taxpayers for Common Sense, Citizens Against Government Waste, and National Taxpayers Union

WASHINGTON, DC - Wednesday, the Senate Commerce Committee approved U.S. Senator Maria Cantwell's plan to fix Deepwater. The legislation has been endorsed by Taxpayers for Common Sense, Citizens Against Government Waste, and the National Taxpayers Union because of the comprehensive accountability and transparency measures it includes, and the steps it would take end the waste of taxpayer dollars.   [Links to endorsement letters follow below]

"It is absolutely essential we get this right, and we can't get Deepwater back on its feet without strong transparency, reliable oversight, and open competition," said Cantwell, Chair of the Senate Coast Guard Subcommittee. "The men and women of our Coast Guard deserve the best equipment money can buy, and taxpayers have a right to know that their tax dollars are spent wisely and efficiently. Deepwater has failed on both these points. It needs the serious, systemic overhaul called for in my bill."

 Cantwell's legislation, approved by the Commerce Committee Wednesday and now ready for consideration by the full Senate, is cosponsored by Subcommittee Ranking Member Olympia Snowe (R-ME). The bill would ensure open competition for future Deepwater contracts, end Coast Guard reliance on a single private sector entity to oversee the entire project, and mandate better technical oversight by Coast Guard engineering staff. It would also improve internal Coast Guard management of Deepwater, enhance transparency, and initiate an analysis of all alternatives for proposed Deepwater assets not currently under contract to determine the best way forward.

For a summary of Cantwell's legislation, click here. 
To view the Taxpayers for Common Sense endorsement letter, click here.
To view the Citizens Against Government Waste endorsement letter, click here.
To view the National Taxpayers Union endorsement letter, click here,
For Cantwell's last press release on Deepwater, click here.