Lookie what I found...

http://www.navcen.uscg.gov/Loran/gen..._PEIS_2008.pdf

Since 1997, the official policy of the U.S. Government has been to
“operate the LORAN–C system in the short term while evaluating the
long-term need for the system” (DOD et al. 2005). In April 2003, the
USCG, Department of Transportation (DOT), and the Federal Aviation
Administration (FAA) entered into a Memorandum of Agreement that the
USCG would disestablish the system by the end of Fiscal Year 2008 if a
national policy requiring LORAN–C as a multi-modal backup to the
Global Positioning System (GPS) was not established. More recently,
there has been a determination that an enhanced LORAN (eLORAN) system
would be well-suited to provide a complementary means of positioning,
navigation, and timing (PNT) for critical infrastructure reliant upon
GPS to mitigate the effects of a GPS outage. While LORAN–C is no
longer needed for maritime navigation, the system, with modifications,
is well suited to field eLORAN. Therefore, upon enacting the Fiscal
Year 2007, 2008, and 2009 Appropriations Acts for the U.S. Department
of Homeland Security (DHS) and USCG, Congress has assumed continuation
of LORAN–C until a coordinated agreement on the future of the program
is reached by the Executive Branch.