GLOUCESTER, MA (February 02, 2009) – With the North Atlantic fishery chronically declining and now at what many believe is a make-or-break moment, senators from three New England states have asked Congress for $156.4 million to transform, downsize and modernize the nation's original industry.
The bulk of the appropriation, $100 million, would be used as boat buyout money.
In addition, the proposal asks for $41.5 million for catch verification technology and staff, and $10 million for job training for the exiting and entering generations of fishermen.
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