House Slashes MEP Funding While Manufacturers Face Uncertain Future
As the economy struggles, unemployment rates rise to a nine-year high, and manufacturing continues to shed jobs, the Modernization Forum reports the House Commerce, Justice, State and Judiciary (CJS) Appropriations Subcommittee appropriated just $39.6 million for the Manufacturing Extension Partnership (MEP). The FY 2004 funding would slash the program's funding from the FY2003 level of $106.6 million, a 63 percent cut.