Consolidating Federal Programs And Organizations Hearings Before the Subcommit
Consolidating Federal Programs And Organizations Hearings Before the Subcommit
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To quickly assess the difficulty of the text, read a short excerpt:
Education is relatively small — $15. 7 billion, 6 percent of the non-tax receivables. Then you have HUD, SBA, VA, so forth.
What concerns me is the next chart, which is the total non-tax delinquent receivables, as of September 30, 1994. USDA has only $12. 3 billion out of $113. 7 billion that are delinquent. Education has $14. 5 billion, or 29 percent of the delinquent non-tax receiv- ables, out of a total number of non-tax receivables of $15. 7 billion. Do you think that ratio is one that we c...an be proud of?
Mr. WURTZ. I think what that chart shows, Mr. Chairman, is you don't mix statistics. That is a chart that we are currently working with 0MB to improve the nature of the data to make some mean- ing out of it. It is totally meaningless at the present time. Let me give you an example — when you compare those debts at Agri- culture, you're talking about the original direct loans they have out there. WTiat we're talking about, in the loans that show up for Edu- cation, are all defaults to begin with.
What to read after Consolidating Federal Programs And Organizations Hearings Before the Subcommit?
You can find similar books in the "Read Also" column, or choose other free books by Information United States Congress House Committee On Gover to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Education is relatively small — $15. 7 billion, 6 percent of the non-tax receivables. Then you have HUD, SBA, VA, so forth.
What concerns me is the next chart, which is the total non-tax delinquent receivables, as of September 30, 1994. USDA has only $12. 3 billion out of $113. 7 billion that are delinquent. Education has $14. 5 billion, or 29 percent of the delinquent non-tax receiv- ables, out of a total number of non-tax receivables of $15. 7 billion. Do you think that ratio is one that we c...an be proud of?
Mr. WURTZ. I think what that chart shows, Mr. Chairman, is you don't mix statistics. That is a chart that we are currently working with 0MB to improve the nature of the data to make some mean- ing out of it. It is totally meaningless at the present time. Let me give you an example — when you compare those debts at Agri- culture, you're talking about the original direct loans they have out there. WTiat we're talking about, in the loans that show up for Edu- cation, are all defaults to begin with.
What to read after Consolidating Federal Programs And Organizations Hearings Before the Subcommit?
You can find similar books in the "Read Also" column, or choose other free books by Information United States Congress House Committee On Gover to read onlineMoreLess
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