Block Grant


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Block Grant

A large amount of money that a national government gives to a regional government with only general parameters on how it should be spent. For example, the national government may fund a province's medical program, but leave the specifics to the province's own government.
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The block grant is a cost-effective, accountable and flexible funding source that helps pregnant women and children across the U.S., the advocates said.
We now have automatic appropriation of the block grant. We will keep the block grant similar to the IRA or Internal Revenue Allotment of the local governments wherein it is automatically appropriated.
The block grant is the 5 percent share of the Bangsamoro government from the national internal revenue of the government, which Zubiri earlier said was pegged at P72 billion.
Traynor, the city's chief development officer, said any unexpended block grant money that exceeds the 1.5 percent cap by May 2 will automatically be returned to HUD and the federal treasury.
Component-wise Block grant in a year = (Students strength X Average component cost per student) + (Increase in component amount by indexing 2010-11 figures to the rate of inflation per annum)
The conservative Texas Public Policy Foundation had a strong hand in helping craft the language of the block grant proposal, which would request that the state be allowed to implement sliding scale subsidies for Medicaid recipients to purchase private health coverage.
Getting the Treasury to agree that Wales will be able to borrow, with no block grant deductions, is a big step forward.
House Agriculture Chairman Frank Lucas (R-Okla.) said he did not know how a food stamp block grant proposal would be received in the House.
"The amount of the block grant would not keep up with the rising cost of health care, and block grants are very vulnerable to future cuts."
He said: "There is bound to be new block grant. The decisions on what are the priority areas for expenditure are very much up to the Assembly Government and its Cabinet.
A 10p rate would replace the reduction in the block grant.
The reason was his commitment during the contest to increase spending on education in Wales at 1% above the 'block grant' rise the Assembly Government receives from Westminster.