Political Quotes

“I rise in support of the reauthorization of the Economic Development Administration [EDA]. EDA is an important agency that contributes significantly to economic growth and job expansion. Clearly, EDA fulfills a key function in providing State and local governments, nonprofit organizations, and public institutions with vital economic grants and technical assistance. This reauthorization is a demonstration of our commitment to see that EDA has the capacity to serve those who depend on its resources. Over the years, EDA has proven to be a valuable source of economic assistance for regions all over the United States. EDA provided a total of $301.8 million in 1993 to various organizations across the country. This assistance was in the form of public works grants to public and private nonprofit organizations and technical grants and assistance to enable communities and firms find solutions to problems that inhibit economic growth. EDA also provided planning grants to States, cities, districts, and Indian reservations and special economic adjustment assistance to help State and local governments solve recent and anticipated severe adjustment problems, including defense conversion assistance. I know that my home State of Maine has benefited from EDA funding. Last year, EDA provided economic assistance for 12 projects in Maine totaling over $2.5 million.”