CEI Weekly: The Case Against the Economic Development Administration

Friday, September 21, 2012



Feature: CEI releases a new study on the EDA.

FEATURE: The Case Against the Economic Development Administration


This week, CEI released a new study by Policy Analyst David Bier: The Case for Abolishing the Economic Development Administration. Bier explains that the agency--who doles out grants to communities--causes more harm than good by incentivizing economic waste and overtaxation. Read Bier's study here.




Federal Agencies Should Stop Using Cost-Benefit Analyses

Wayne Crew and Ryan Young's op-ed in Investor's Business Daily


Sugary Drinks Ban Begs the Question--Who Has the Right to Decide What You Consume

Michelle Minton's op-ed on Fox News


America's Founders Supported Immigration

David Bier's op-ed in The Huffington Post


House Passes Bill to Limit Solyndra-Style Loan Guarantees

William Yeatman's citation in The Los Angeles Times 


Overregulation Does Have an Economic Cost

CEI featured in The Charleston Daily Mail


$1.8 Trillion Shock: Obama Regs Cost 20-Times Estimate

Wayne Crews featured in The Washington Examiner


House Passes 'No More Solyndras'

William Yeatman's citation in Politico


G. Gordon Liddy Ends 20-Year Radio Run

CEI's citation in Fishbowl DC


Oklahoma, South Carolina, Michigan Join Dodd-Frank Attack

CEI's citation in Bloomberg News


















September 20, 2012: The Economic Development Administration


CEI Policy Analyst David Bier is author of the new study “The Case for Abolishing the Economic Development Administration.” The agency’s impact goes well beyond its modest $286 million budget. On average, the EDA only pays for about one seventh of its projects. The rest of the burden falls on state and local governments and the private sector. Those projects include $2 million for a wine-tasting room, $35 million for a convention center that is projected to lose money, and other boondoggles.