At one federal agency, it takes money to spend money. The U.S. Department of Housing and Urban Development recently announced it is spending $70 million to improve the way its grant recipients spend billions in taxpayer cash.Why are we giving taxpayer money to folks too stupid to know how to spend it?
CNSNews.com asked a HUD official, “If I’m reading this correctly, this is a grant to teach people how to spend money they already have?”
“Absolutely,” responded HUD spokesman Brian Sullivan.
He said the $70 million is being spent to “amplify” the already-existing community development block grants handed out by HUD. In fiscal year 2012, those block grants totaled around $3-billion.http://portal.hud.gov/hudportal/documents/huddoc?id=CommunityDevelopmentFund.pdf
The only thing I see being "amplified" is our debt.

No comments:
Post a Comment