Coast Guard Chief Announces Plans to Overhaul the Service - New York Times

Read the entire story here.

The overhaul is intended to address mounting criticism of a $24 Billion equipment program known as Deepwater, which is replacing or rebuilding most of the service’s large ships, planes and helicopters.

Don't think this effects us much, other than the article mentions that this overhaul is expected to sink the coast guard deeper into Homeland Security.