2011-01-26 — housingwire.com
"Sen. Rand Paul (R-Ky.) introduced a bill this week that would cut $500 billion in government spending by the end of 2011, and one of the many casualties is the Department of Housing and Urban Development.
According to the language in the bill, once ratified, all accounts and programs for HUD would be immediately defunded. It would also transfer all housing programs for veterans away from HUD and into the Department of Veteran's Affairs."
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