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Friday, October 7, 2011

Budget

News                                                                                                                             
National Journal | Wasted Small-Business Fund Adds to Administration's Stimulus Woes
At a time when policymakers must pinch every penny, the Obama administration’s squandering of special resources meant to stimulate the economy is frustrating community groups and financial-industry representatives. They fear allies in Congress will stop spending precious political capital on wasted efforts.
Politico | Report: $568M in foreclosure aid unspent
A $1 billion federal foreclosure aid program ended with $568 million unspent due to a restrictive application process and poor advertising, a result that some called “sad and shameful.”

Blogs                                                                                                                             
Cato@Liberty | Going ‘Page by Page, Line by Line’ through the Budget
The House Committee on Energy and Commerce’s Subcommittee on Oversight and Investigations held a hearing yesterday on President Obama’s pledge to go “page by page, line by line” through the federal budget to eliminate programs “we don’t need.”