Wednesday, February 01, 2006

The Cuts Are Coming

I was working late last night, so I missed the speech, though I probably wouldn't have watched it anyway. Political speeches just don't mean much to me. The reality is that our local city government is losing something like 10% of our CDBG budget from HUD. That is a huge amount of money that is supposed to help improve communities. At this point it doesn't look like my workplace will be affected, but that could change depending on how life in City Hall goes. There was also a cut in HOME dollars from HUD. Makes me wonder why the current administration is cutting taxes for people who can afford to pay them!