Public Housing Takes Big Rescission Hit

As customary in recent years, HUD would take the brunt of budget cutbacks in the Trump administration’s latest effort to slash federal spending. This time public housing bears the heavy load of cuts, and the administration makes clear its continuing effort to reduce federal spending and force the states to pick up a major portion of domestic government social program spending. The Office of Management & Budget originally eyed $11 billion for cuts. But late in the game, the administration discovered millions held in reserve by many public housing authorities as rainy day rescue funding to repair public housing units. Heeding warnings from lawmakers, particularly Senate Majority Leader Mitch McConnell (R-KY) to keep hands off the FY 2018 Omnibus Appropriations law that he helped craft with Democrats, the administration focused instead on idle, unspent cas [...]

Login to read the full story or Subscribe now!


5/11/18 5:30 PM

Contact the Editor | Send to a friend

Reprinted from CD Publications - Try a sample