Lawmakers Weigh 10% CDBG Cut as Alternative to Bush Plan

Vadum, Matthew
March 2005
Bond Buyer;3/16/2005, Vol. 351 Issue 32091, p5
Trade Publication
Reports on the consideration of federal lawmakers to reduce funding in fiscal 2006 for the Community Development Block Grant (CDBG) program as an alternative to the proposal of U.S. President Bush to eliminate the program and replace it with a new one. Comment of Representative Christopher Shays on the proposal to replace CDBG and other federal community and economic development programs; Political pressure on Bush and lawmakers to reduce federal spending; Use of some of the program's funding on housing projects.


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