Direct Loans Eda?

Events like this are a great opportunity for businesses to learn about resources like loan guarantees, exporting assistance, trade issues and more ...

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Congress-Budget

The U.S. Congress is starting to work its way through some of the dozen budget bills for the current fiscal year, finally agreeing on a package of three spending plans, which will include a temporary budget extension to keep the government running into mid-December.

Here are the details as announced by House-Senate negotiations on a three bill "mini-bus" that includes funding for Agriculture, Commerce/Justice/Science and Transportation/House legislation.

Bill Summary:

Overall Funding Levels– The Conference Report upholds the overall regular (base) discretionary level of $1.043 trillion as agreed to in the Budget Control Act (BCA). The legislation also includes $2.3 billion disaster relief funding, which falls under the “disaster designation” cap set by the BCA.

Continuing Resolution – Funding for all federal programs and agencies not included in the three underlying Appropriations bills in this conference agreement will be extended until December 16, 2011. This is a date-change extension only – no other funding changes are included in the CR portion of the agreement.

Implications Of Implementation: A Case Study Of Economic ...

Implementation is one of the crucial stages of public policy process which has been defined by Hill, Michael and Hupe, Peter (2002: 3) as “to carry out, accomplish, fulfill, produce, complete.” Pressman and Wildavsky (1984) contend that policy and implementation are so much interrelated that the two stages are very difficult to separate completely; as, “a verb like ‘implement’ must have an object like ‘policy’.” (Hill & Hupe 2002: 4). Apart form the approaches used for the study of implementation, the objective is to implement what is being planned and their outcomes tell us about the results and whether the set goals are achieved or not. On this basis, the success or failure of any policy can be judged.

A case study of Economic Development Agency (EDA) initiated in 1966 with $23 million, Jeffery L. Pressman and Aaron Wildavsky (1984) provide a critical account of the study of implementation and the challenges faced by this program and the underlying causes of the failure of this program. EDA was an agency established by the Congress which aimed at providing employment opportunities to minorities in cities. However, Oakland was chosen as experiment in showing how the provision of public works and building loans can provide incentives for employers to hire minorities (Pressman & Wildavsky 1984: xx). The project aimed at creating 3000 jobs for the Oakland’s Black-American minority basically. Although there was a high sense of urgency at the beginning of the project, but sooner, the doubts about the success of the program became evident.

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  • East Carolina COG to revise loan procedures

    New Bern Sun Journal - Feb 12, 2011

    Since 2007, EDA has suspended operations of the loan fund and sequestered its money three times, December 2007, January 2010 and in July 2010, according to

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