Facing criticism of serious flaws and unrealistic assumptions, Army Corps of Engineers agrees to delay a controversial study of major construction projects on the Mississippi River.
"The Corps had relied on 1993 projections of steadily increasing barge traffic to justify $1 billion lockexpansions on the upper Mississippi, but following completion of the review, officials decided thatthose projections were obsolete and inflated. The two North Dakota State University economists hiredby the Corps to conduct the independent review warned that the numbers are even worse than theagency has acknowledged."
Thanks to Abhijeet Chavan
FULL STORY: Army Corps Delays Study Over Flawed Forecasts
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