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Wednesday, August 29, 2012

Are They Really Helping?

The federal government operates 52 programs to help entrepreneurs. But the Government Accountability Office said they aren't managed very well. A new 97-page report cites instances in which agencies agreed to coordinate their support programs but never followed through. In other cases, agencies didn't track, or failed to meet, their performance goals. GAO also found that many of the programs overlapped. Auditors looked at programs in the Agriculture, Commerce and Housing and Urban Development departments and the Small Business Administration. Together they spend $2 billion a year to help entrepreneurs with loans, grants and training.

1 comment:

Anonymous said...

The government has never "helped" anything. Everything it does is a complete failure. but it still uses any excuse it can to create a new department to grow itself and piss away more taxpayer money.