Reauthorization of the Water Resources Development Act Hearing Before the Subc
Reauthorization of the Water Resources Development Act Hearing Before the Subc
Zationofw00
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Mr. Brescia. I think, very frankly, as some of my members look at future expansion on the floodplain — and we do have members who have manufacturing facilities in the floodplain, we do have members who have port facilities, terminals, and so forth that con- nect this floodplain and the river with the inner reaches of the ag- ricultural belt — they look at what is my cost of doing business and is it — are these policies going to make it more difficult for us to do business? When you take the inc...entives out of physically locating in the floodplain and start putting incentives toward increased benefits for natural resources. That, in and of itself, is not a problem. But how do you quantify that. Senator? How do you look at apples and oranges? Senator Baucus. Let me ask Mr. Plasencia that question. I would like your reaction to Mr. Brescia. As I understand him, es- sentially the Galloway report probably makes good sense, but we're not too sure about the economic consequences. Mr. Brescia.
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