- DOJ reaches largest-ever federal government settlement over auto loan discrimination
- U.S. Navy to start giving gay couples marriage benefits in Japan
- Sen. Harry Reid goes to hospital as a precaution
- Fla.’s Trey Radel exits rehab, ‘excited’ to resume congressional role
- U.S. nuclear general boozed it up, chased ‘hot women’ in Russia: report
- 45 Calif. students at one school test positive for tuberculosis exposure
- Rob Ford on women: Give them cash ‘and they are happy’
- Ku Klux Klan group holds recruitment meeting in Maryland
- Airport assassination: Mayor, 3 others killed at Manila airport
- Tea party-type lawmakers take mysterious, off-books trip to Mideast
By John McAfee
Independent voices from the The Washington Times Communities
Topic - Edward Altman
While such an approach could get projects moving faster, Mr. Altman said, the incremental approach to disbursing loan proceeds gives the government more control to make sure funds are spent according to plan.
One downside to the so-called "lump sum" approach is that loan recipients could spend cash in ways not outlined in the loan deal, potentially jeopardizing the ability of the government to get repaid if they go broke, he said.