Congress currently supports funding for over 130 programs to meet varied economic development challenges and conditions, create opportunities for economic growth and job creation, and assist a range of economic sectors, geographic regions and localities, and demographic groups. These programs are administered by multiple federal departments and independent federal agencies—typically in partnership with state and local stakeholders—and oversight of them is assigned to multiple congressional committees. Many current federal programs support infrastructure, workforce development, and business assistance activities. Others fund planning, technical assistance, economic adjustment assistance, disaster recovery, entrepreneurship, the development of scientific research capabilities, and other activities.
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Website: | Visit Publisher Website |
Publisher: | Congressional Research Service |
Published: | February 12, 2021 |
License: | Public Domain |