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Task Force maps bold urban aid plan with $7 billion push
A Cabinet level task force outlines an expansive urban strategy to aid distressed cities. Proposals include an Urban Bank, tax incentives for growth, 500000 public works jobs, a $1 billion EDA expansion, continued revenue sharing, and broader programs across HUD, Transportation, Commerce, Labor and Treasury. The plan faces Domestic Council and OMB scrutiny and may be revised before Carter's March address.
MENTIONED IN THIS ARTICLE
Washington
Office of Management and Budget
White House
Carter
Congress
Task Force
Economic Development Administration
Transportation, Housing and Urban Development, Commerce, Labor
Treasury Departments