I rise in opposition to the amendment. Mr. Chairman, the Economic Development Administration is a unique agency that serves a very useful role, stimulating industrial development and improving the quality of life in economically distressed areas of the country and helping communities overcome severe and sudden economic distress. The role of the agency has expanded in recent years to assist communities affected by base closures, which is obviously a problem that we are going to have in some degree for the next number of years. EDA performs that role very professionally and with a great deal of expertise. Mr. Chairman, I was frankly disappointed in the two previous administrations, my administrations, because of their hostility to the Economic Development Administration. I was disappointed because I have always felt that EDA espoused some of the unique things the Republican Party stands for, using very limited Federal dollars to leverage private sector investment in enterprises that create private sector jobs, as opposed to public sector or so-called leaf-raking jobs.
Editor's note · Context
Opposing an amendment related to the Economic Development Administration during a committee discussion.
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