THURSDAY, SEPTEMBER 12, 1974.

DEPARTMENT OF COMMERCE

ECONOMIC DEVELOPMENT ADMINISTRATION

WITNESSES

WILLIAM W. BLUNT, JR., ASSISTANT SECRETARY FOR ECONOMIC DEVELOPMENT

LORIN L. GOODRICH, DEPUTY DIRECTOR, OFFICE OF ADMINISTRATION AND PROGRAM ANALYSIS

BRIAN B. WHALEN, CHIEF, BUDGET DIVISION

GUY W. CHAMBERLIN, JR., DEPUTY ASSISTANT SECRETARY FOR

ADMINISTRATION

DAVID S. NATHAN, DIRECTOR, OFFICE OF BUDGET AND PROGRAM ANALYSIS

Mr. SLACK. Gentlemen, we shall now consider two supplemental requests for the Economic Development Administration, Department of Commerce. These requests, totaling $56,775,000, have not been transmitted formally to the Hill. As we understand it, they will be very shortly.

We shall insert at this point in the record pages 1 through 31 of the justifications.

[The justification materials referred to follow:]

The House and Senate have recently approved an appropriation for the Economic Development Administration
(EDA) of $201,825,000 which is essentially the amount requested in the President's Budget, as amended.
The original budget request was based on the proposal that fiscal year 1975 would be the last year
of full operation by EDA and that the level of funds requested was intended to provide for an
orderly transition to a new economic adjustment assistance program. However, now that the Public
Works and Economic Development Act of 1965 has been extended through June 30, 1976, with additional
programs, it is requested that an additional $56,775,000 be appropriated for EDA activities bringing
a total EDA appropriation level to $258,600,000 for fiscal year 1975.

The following table summarizes the amounts presently available and the additional funds requested for
fiscal year 1975.

The supplemental provides for an increase in economic development assistance programs based on the new
provisions recently incorporated into the Public Works and Economic Development Act. The Act as
amended will provide a two year extension of the programs of the Economic Development Administration
(EDA) and the Regional Action Planning Commissions. In addition, the authorizing legislation has been
modified to include a number of new program tools, including a number of items to increase the effective-
ness of the Business Development program; planning grants to States; grant funds to States which will
be used for supplementing or making grants and loans for projects approved under Titles I, II, and IV;
and Special Economic Development and Adjustment Assistance as authorized by the new Title IX.

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