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The Boston Globe

Business

Obama approves funding for Boston Harbor dredging

A $310 million project to dredge Boston Harbor received federal funding Tuesday when President Obama signed the Water Resources Reform and Development Act, legislation that authorizes $12.3 billion for water projects throughout the country.

“This bill gives a green light to 34 water infrastructure projects across the country, including projects to deepen Boston Harbor and the Port of Savannah and to restore the Everglades,” Obama said before signing the act into law. “And with Congress’s authorization, these projects can now move forward.”

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