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1 Army Corps of Engineers: Budgetary History and Projections 1 (November 29, 2022)

handle is hein.congrec/aycsoegs0001 and id is 1 raw text is: Armny Corps of Engineers: B:udgetary History and Projections The Army Corps of Engineers participates in the development and management of the nation's water resources. The Corps has three main objectives: Supporting commercial navigation by maintaining and regulating commercial ports and waterways, Protecting the environment by preserving and restoring aquatic ecosystems, and Building and maintaining flood control projects. Every two years since 2014, lawmakers have enacted the Water Resources Development Act (WRDA), which authorizes new construction and rehabilitation projects and directs the Corps to study the feasibility of future projects. (The most recent, the Water Resources Development Act of 2020, was enacted on December 27, 2020, as division AA of the Consolidated Appropriations Act, 2021, Public Law 116-260.) That authorization legislation, which establishes priorities for the Corps, is one of two types of legislation that specifically address the Corps' activities; the other is appropriation bills, which provide most of the funds to carry out those activities. Notes: All years referred to in this report are federal fiscal years, which run from October 1 to September 30 and are designated by the calendar year in which they end. All amounts are in nominal dollars (in other words, not adjusted for inflation) except those labeled as 2022 dollars; those amounts have been adjusted using the gross domestic product price index. The period of analysis covered in this report is 1992 through 2021. Numbers may not sum to totals because of rounding. This brief is one of a series of reports examining trends in funding and spending for particular federal programs. The Budget Spotlight series initially focuses on programs that could be directly affected by the consequences of climate change-which include increases in average temperatures, sea levels, and the severity of storms-and provides information about how the Congressional Budget Office treats those programs in its baseline and cost estimates. For a list of CBO's publications that address the topic of climate change, see www.cbo.gov/topics/climate-and-environment/climate-change.

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