There's a Better Way to Manage Federal Grants, a New Report Shows
There’s a Better Way to Manage Federal Grants, a New Report Shows Agencies spent $921 billion through grants last year. We know surprisingly little about what that funding has achieved. Emeritus Fellow, IBM Center for the Business of Government The federal grant system is vast. In fiscal year 2019, agencies spent $765 billion on grants to states, localities, research institutions, non-profits, and others—that’s more than the Pentagon’s annual budget. In response to the COVID-19 pandemic, grant spending surged to $921 billion last year. Grants expert Jeff Myers, along with sev...
Source: govexec.com