TITLE

Construction Aid Needs a Shove

PUB. DATE
March 1957
SOURCE
Education Digest;Mar1957, Vol. 22 Issue 7, p55
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on U.S. President Dwight D. Eisenhower's special message to the Congress to provide a total of $2 billion in loans and direct grants. Under Eisenhower's proposal, the Congress would provide $325 million a year until 1961, for a total of $1.3 billion. The balance of the funds under his overall $2 billion plan would be available as loans. After the first year, states would be required to match the federal funds. Eisenhower stipulated that funds be apportioned on the basis of need.
ACCESSION #
19224126

 

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