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New Rule – Major Step Forward for Louisiana Recovery, Says Senator

August 14, 2014

Vitter has been urging the Obama Administration to move forward with the RESTORE Act in a fair and transparent manner, ensuring that Louisiana who was hardest hit by the 2010 Deepwater Horizon oil spill is compensated appropriately. Vitter had also been pushing the Administration not to allow Pot 2 money to be utilized for economic projects. Treasury’s original draft would have allowed Pot 2 funds to be directed for economic projects rather than for purely coastal restoration projects, and Treasury appropriately withdrew the language in the final regulations.