3:54 PM
Julio Barreto
Congress returns from its spring recess to begin further discussions on a FY 2012 budget that includes concrete provisions to reduce Federal spending. In exchange for support for increasing the debt limit, Members of Congress from both parties are pressuring the White House and congressional leadership to agree to a spending plan that addresses deficit reduction in a real way.For local housing providers receiving Federal funds, both the politics and the economics of the deficit reduction discussions means fewer funds in spite of efforts to garner congressional support for Federal programs. During the congressional recess, national groups have galvanized their members to express dismay over the cuts approved in the FY 2011 budget agreement and their opposition to further cuts in the FY 2012...
