Sunday, March 26, 2017

Trump Budget Cuts Sustainability and Crony Capitalism in HUD

President Donald Trump’s suggested budget’s elimination of the Community Development Block Grant Program (CDBGP) is a deplorable denial of basic services to old people and children, according to the mainstream media’s coverage of the president’s proposal.

In defense of the cuts, the proposal explains the excesses and failures of the multi-billion-dollar scheme:

The Federal Government has spent over $150 billion on this block grant since its inception in 1974, but the program is not well-targeted to the poorest populations and has not demonstrated results. The Budget devolves community and economic development activities to the State and local level, and redirects Federal resources to other activities.

A CNBC story about the budget reports that Secretary of the Department of Housing and Urban Development (HUD) Ben Carson “has been highly critical of public assistance, suggesting that too many Americans have become dependent upon it.”

https://www.thenewamerican.com/economy/item/25613-trump-budget-cuts-sustainability-and-crony-capitalism-in-hud

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