Monday, June 11, 2012

HUD Spending $70 Million To Teach Grant Recipients How To Spend Money It Gave Them

Government is upside down.

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? 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 bock grants totalled around $3-billion.
The only thing I see being "amplified" is our debt.

1 comment:

Ron Russell said...

HUD is great at spending our money---been in their Little Rock office and seen the waste first hand.