SCHAKOWSKY: BUSH ADMINISTRATIONS MISSTATEMENT OF THE DAY HOUSING

March 17, 2004
Press Release

MARCH 17, 2004

SCHAKOWSKY: BUSH ADMINISTRATION'S MISSTATEMENT OF THE DAY -
HOUSING

WASHINGTON, D.C. - U.S. Representative Jan Schakowsky (D-IL) issued today's "Bush Administration's Misstatement of the Day" on housing.

During a trip to Pennsylvania, President Bush said:

There's a lot of things we need to do in Washington to make sure that this economy continues to grow and people can find work. And one of the things we need to do is to continue with good housing policy. And that's what we're here to talk about today. Homeownership in America is at the highest rate ever. (President Bush, Ardmore, Pennsylvania, 3/15/04)
But President Bush's "good housing policy" would result in "Hundreds of thousands of low-income, elderly, and disabled families across the country" losing "their federal housing assistance under cuts the Administration has proposed in the nation's main low-income housing assistance program. Each of the more than 2,500 state and local housing agencies that run the program would be forced to scale back assistance by about 30 percent by 2009, if the cuts are approved and are distributed proportionately among these agencies." (Center on Budget and Policy Priorities, March 17, 2004)