9) $7.5 Billion ‘Community’ Slush Fund

One of many housing initiatives in the bill, Section 40105, would give $7.5 billion for a “community restoration and revitalization” fund.

The money would go toward nebulous concepts, such as “creating equitable civic infrastructure” and “capacity building,” which would give bureaucrats the ability to fund housing projects or left-wing activists as they see fit.

Unfortunately, such place-based subsidies fail to help those in need and are often susceptible to inefficient allocation or even corruption.

Most importantly, they do nothing to address underlying causes of poverty; namely, children denied educational choice trapped in underperforming public schools, burdensome business regulations, government mismanagement, or disempowered law enforcement

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