Lawmakers: Eliminate Trade Offices
A joint Assembly-Senate budget committee looking to fashion next year´s spending plan has eliminated money for a string of foreign trade offices that critics say have not fulfilled their mission of attracting overseas business.
Last month, the Orange County Register reported the 12 trade offices took credit for $44 million dollars in business deals in which they played little or no role.
Last year the trade offices, with locations in Africa, Asia, Europe and South America, cost taxpayers about $6 million. Governor Davis proposed last month running all 12 offices on $3.4 million next year. Now the Legislature´s conference committee has voted to eliminate all the money.