Obama Budget Backs Tourism, Job-Friendly $1.2B Parks Plan

Law360, New York (March 4, 2014, 4:28 PM EST) -- On the heels of reports showing the National Parks Service's impact on U.S. hotel, restaurant and tourism industries, President Barack Obama on Tuesday proposed to fund a $1.2 billion, multiyear restoration initiative that would create new jobs at the tourism sites and potentially attract more visitors.

In the fiscal 2015 budget sent to Congress, the president proposed to inject $75 million into the National Parks Centennial Initiative in the coming year, and set higher funding benchmarks for the initiative over the four years after that, according...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.