![]() Still, in some ways, it remains stalled in 2004. Shelley Moore Capito (R-W.Va.), the panel’s ranking member, also spoke favorably of reauthorizing the EDA with “an appropriate balance.”ĭescribed as the only federal agency charged with promoting economic development in American communities large and small, urban and rural, the EDA clearly enjoys bipartisan support. “That’s too long for an agency with such an important mission to go without renewed authorization,” Committee Chairman Tom Carper (D-Del.) said, citing changes in the nation’s workforce and economy since 2004. Other witnesses made similar pleas at the hearing, which focused on the EDA’s reauthorization. ![]() “I do hope the committee recommends the continuation of funding for this program.” “I can think of no better return on an investment than what we have accomplished with help from the EDA,” Day told the Senate Environment and Public Works Committee. He said one user of the warehouses the grant helped to build transports approximately 32,000 tons of wire rod from Japan annually. Sharing several EDA success stories, Day specifically credited one $1.5-million grant in 2005 with helping to attract new industry to the inland river system. Economic Development Administration (EDA) has provided $13 million to his port over the past 20 years. Washington, D.C.-Testifying before a key Senate committee, a top Arkansas port official credited $2.5 billion in capital investments and 5,000-plus jobs to one federal agency that Congress has not reauthorized since 2004.īryan Day, executive director of the Little Rock Port Authority, said the U.S.
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