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Nothing more than pick among winners and losers by region and industry. At its core, its the purest of Wealth Distribution programs. My amendment would eliminate funding for the e. D. A. , totaling 247 million. S bied on current levels, this will save over 2. 5 billion over the next decade. Even though i ran two Small Businesses for 16 years, i had never heard of the Economic Development administration before coming to congress. I suspect many of my colleagues are similarly situated. So first let me describe what the e. D. A. Does. It takes dollars from across the country. That money comes to washington, from the e. D. A. Takes about 20 of it off the top. Thats cost of the administrationive Administrative Burden of running the Economic Development administration. It then asks companies and communities to apply for free money from the federal government to renovate a Movie Theater or bill a new industrial park. While many of these projects are not necessarily bad, some are ridiculous. T

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