Can’t tell the budget without a scorecard
Recap Advisors has now posted
a handy summary of the Administration’s Section 8 budget proposal. Money (literally!) quotes:
The Bush Administration’s proposed budget for FY 2006 continues themes from past years’ budgets: block granting, belt-tightening, and emphasis on homeownership.
A notable exception is the voucher program, for which the Administration has proposed a 4.66% increase (approximately $1 billion.) Interestingly, the budget proposal explicitly acknowledges that this increase is necessitated by past cuts: “The proposed funding level restores reductions imposed by the 2005 pro-rations and adds funds to account for inflation.”
Recap also tracks everything you always wanted to know
about Section 8:
Recap will be tracking developments related to Section 8 closely in 2005. From this page, we’ll link to news coverage, policy analysis, and other sources as well as Recap’s own analysis of issues. To start learning about Section 8 policy, begin with
Introductory Resources. The
Updates section below highlights recent developments.
