Schock says the bill could generate 60 million additional dollars for upgrades.
“90% of our locks and dams on our waterways last year broke down. And so, obviously when that happens, it creates congestion, it creates delay and it makes us less competitive as a country.”
David Erickson is the Vice President of the Illinois Farm Bureau and a Knox County farmer. He says the legislation is backed by the industry and could produce jobs for area residents.
“It’s something that increases our efficiencies, so the payback, as some indicate, for every dollars spent in improving our inland waterway system, it’s about a $10 return.”
Schock says the money could also be used to widen inland waterways to increase goods traveling down the Mississippi River. The Republican says there’s an eight-billion dollar backlog of repairs on the aging system. Schock says the Peoria Lock and Dam is in need of about 36-million dollars in repairs.