Word: hud
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...first major interview since the HUD scandal came to light, Samuel Pierce met last week with TIME correspondents Michael Riley and Nancy Traver. At his request, 13 questions to be asked were sent to Pierce in writing beforehand. During the four-hour discussion, he frequently read from handwritten notes. Excerpts...
...Such characterizations are lopsided. They disregard the assignment President Reagan gave me -- to reduce the size and the cost of Government while helping the most needy -- and they bypass my achievements. When I became Secretary, HUD's assisted-housing debt was expected to reach $250 billion by 1983. We stopped that at $244 billion and turned it downward to about $200 billion by the time I left office. But we were able to do more with less. We substantially increased the amount of housing for the needy...
...What about the $2 billion to $4 billion in losses due to the HUD scandal...
...condone any losses. There was no idea of "Let's just cut the federal deficit to hurt the poor." At HUD we were trying to do our part to reduce that deficit and avoid the possibility of trouble in the economy...
...being undermined at the Cabinet and sub-Cabinet levels by "political jockeying, backstabbing and malaise." Von Raab has warm words for Bush but scorns the President's cautious, pragmatic advisers, including Brady, Secretary of State James Baker and Attorney General Dick Thornburgh. Except for drug czar Bennett and HUD Secretary Jack Kemp, he says, the Bush team is afraid of taking risks and making waves...