Power Breakfast: Less money for Savannah port, Grady cuts, plant closure, Coke and NBA, Buffett

Georgia will get only a fraction of the federal money state leaders say they need to expand the Port of Savannah under President Barack Obama’s proposed budget, AJC reporters Bob Keefe and Dan Chapman write.

The president’s fiscal 2012 budget includes $600,000 in “pre-construction” money for deepening the harbor — considered by state leaders as Georgia’s biggest and most important economic development project, the reporters write.

State officials say they need $105 million in federal help this year to help with deepening the harbor so it can compete with other Atlantic ports when bigger ships begin passing through the Panama Canal in 2015, Keefe and Chapman report.

The total cost of deepening the harbor, according to the U.S. Army Corps of Engineers, is expected to be about $551 million — a huge amount for the state to bear without more federal aid, the reporters write.

Gov. Nathan Deal said he was disappointed in the lack of more funding for the port, Keefe and Chapman report.

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8 comments Add your comment

What Is Fair?

February 15th, 2011
6:25 am

Seniors and low/middle income people are being shoved further down the hole. These people seem to forget that yes we do vote. If they did with WIC vouchers what they do with food stamps and medicaid, PROVE YOU ARE A LEGAL CITIZEN, be surprised how many didn’t get it. Lady behind me where I live, pops them out every 9 months, refuses to learn English, and laughs about being illegal, not having to pay when her kids are born, and gets four WIC vouchers a month for each of her five kids and another on the way. I worked all my life, paid taxes, paid into SS for 50 years, yet for two years we get nothing. Gasoline, food, gas, electric – keep going up. Seniors can only get a maximum of $19 per month in food stamps. Big banks and corporations bailed out; Seniors ignored. People have lost their jobs and most are looking for another every day – none to be found. But gotta take care of those illegals and those big banks and corporations. Yes, Wall Street is alive and well as are those daily crossing the border and making fun of the USA as they do it.

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CP Towne

February 15th, 2011
6:55 am

I am one of the few Liberal Democrats of Cobb County.

I don’t believe that these federal based GA budget cuts are political payback, but I will remind any who will read this, that the GA members of the US Congress are very much part of the obstructionist group that have made gains very difficult for President Obama over the last two years.

catlady

February 15th, 2011
7:06 am

Well, I bet Sonny is sorely disappointed. He plans to cash in big, no matter WHO funds the work on Savannah harbor!

MiltonMan

February 15th, 2011
7:40 am

CP, I am pleased that the GA delegation is making difficult for Obama. If you don’t enjoy living in Cobb, please move in with your liberal buddies in Clayton, DeKalb, South Fulton. I hear they have wonderful schools there.

ByteMe

February 15th, 2011
7:48 am

I find it amusing that those same “small government” Republicans who want to blame everything on the Federal Government being too big are also the very same Republicans who are “disappointed” that the Federal Government isn’t sending more money for their pet projects. It’s call “cognitive dissonance” for those who can’t remember that they’re both for and against big government.

TnGelding

February 15th, 2011
10:05 am

Cry me a Savannah River! What happened to reducing the deficit? Seriously, this is short-sighted and counterproductive. We have to invest in the future. Look for the funding to be restored.

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