Economic Development


Book Description

Economic Development: Efficiency and Effectiveness of Fragmented Programs Are Unclear




The Economic Development Administration


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Opportunities to Reduce Potential Duplication in Government Programs, Save Tax Dollars, and Enhance Revenue:


Book Description

Statement of Patricia A. Dalton, Chief Operating Officer, GAO, discussing GAO's first annual report to Congress responding to the statutory requirement that GAO identify federal programs, agencies, offices, and initiatives -- either within departments or governmentwide -- that have duplicative goals or activities. GAO's simulations of the federal government's fiscal outlook show continually increasing levels of debt that are unsustainable over time, absent changes in the federal government's current fiscal policies. Dalton's testimony highlights some key examples of overlap and duplication from GAO's March report on the federal government's management of programs providing services in the areas of (1) domestic food assistance, (2) employment and training, (3) homelessness, and (4) transportation for disadvantaged populations. For each area, Dalton discusses some of the challenges related to overlap and duplication, as well as examples of how better information about each program could help policymakers in determining how to address this overlap and duplication. Figures and tables. This is a print on demand report.




Small Business Programs


Book Description

Economic development programs can contribute to the well-being of the economy at the least cost to taxpayers. Such programs can encompass small business (SB) development and contracting. To encourage such contracting, Congress created programs -- such as the Historically Underutilized Bus. Zone, service-disabled vet.-owned SB, and 8(a) Bus. Development programs -- that give contracting preferences to some SB: in economically distressed communities; to those owned by service-disabled vets; and to those with eligible socially and economically disadvantaged owners. This testimony addresses: (1) potential duplication in economic development programs; and (2) internal controls weaknesses in 3 SB programs. Illus. A print on demand report.