President Obama announced plans earlier this month to cut $1.1 trillion from the deficit over 10 years. But one proposed cut is causing deep concern among mayors and other local officials on both sides of the aisle — cuts to the longstanding Community Development Block Grant programs.
Roughly 1,200 communities in the U.S. receive the grants, which fund everything from affordable housing to job-creation programs. Last year alone, the government gave out nearly $4 billion in block grants. Most of that money went directly to cities and counties; the rest flowed through states and on to local governments. (MORE)
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