The White House stated that President Obama signed into law the Department of Defense and Full-Year Continuing Appropriations Act, 2011 (H.R. 1473). Among other things, this legislation reduces to $250 million the funding available for the Port Security Grant Program (PSGP) for FY 2011. The PSGP funding for FY 2010 was $300 million. (4/15/11)
(Source: Bryant’s Maritime News)