MEDIA CONTACT:
STEVEN ENGELHARDT (314) 504-4029
FOR IMMEDIATE RELEASE: WEDNESDAY 2.14.11

STATEMENT BY
CONGRESSMAN WM. LACY CLAY (D) MISSOURI

REGARDING PRESIDENT OBAMA’S PROPOSED BUDGET FOR FISCAL YEAR 2012

NOTE: The following, in its entirety,
is a first-person statement by
Congressman Wm. Lacy Clay (D) Missouri

"Reducing the deficit needs to be done in an equitable way that does not focus all of the pain on lower-income Americans and urban areas.  Cutting Pell Grants and Community Development Block Grants is "penny wise but pound foolish." 

Such cuts would weaken already struggling urban communities who have suffered much higher rates of unemployment and foreclosures, and reducing Pell Grants would penalize talented young people who deserve a chance to succeed."

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