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Fagan: Coast Guard Budget Cut To 2022 Levels Would Cause $500 Million Shortfall

Rich Abott By
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Fagan: Coast Guard Budget Cut To 2022 Levels Would Cause $500 Million Shortfall
Rendering of Coast Guard offshore patrol cutter. (Source: Eastern Shipbuilding Group)

If a House Republican leadership plan to cap fiscal year 2024 discretionary spending at FY ‘22 levels goes forward, the Coast Guard would have an “immediate” $500 million shortfall, the service’s commandant said Wednesday. “If the Coast Guard were held to the FY ‘22 enacted level that would create an immediate $500 million shortfall in the budget. That is compounded by inflation, increased fuel cost, increased costs of spare parts and what it takes to operate the organization,” Adm. Linda…

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