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"YES" on the Rep. Pompeo (R-KS) amendment to H.R. 4660, the Commerce, Justice and Science Appropriations Act for FY15
May 29, 2014
NTU urges all Representatives to vote “YES” on the Rep. Pompeo (R-KS) amendment to H.R. 4660, the Commerce, Justice and Science Appropriations Act for FY15. This amendment would eliminate the Economic Development Administration (EDA), saving $210.5 million in wasteful spending.
Founded in 1965, the EDA has become little more than an earmarking tool for particular local projects without real regard for the role of government or efficacy of the program. The grants provided by the agency often duplicate other federal, state, local, and private sources for economic development funding; in fact, in 2010 there were over 80 federal economic development programs that devoured $2.9 billion. An EDA Inspector General study showed that 29 percent of grant money had been wasted due to “accounting irregularities, conflict of interest, and improper procurement procedures” on projects like a $2 million “culinary amphitheater” in Washington State or $500,000 to replicate a Great Pyramid in Indiana.
Though NTU and U.S. Public Interest Research Group differ on the size and scope of government, the two groups’ periodic “Common Ground” report has repeatedly listed EDA among its recommendations for deficit reduction opportunities.
Roll call votes on the Pompeo Amendment to H.R. 4660 will be included in NTU’s annual Rating of Congress and a “YES” vote will be considered the pro-taxpayer position.
If you have any questions, please contact NTU Federal Affairs Manager Nan Swift at (703) 683-5700