Brace yourself for a flurry of FCDLs. Next week we'll get the first 3 waves of funding for FY 2007. Wave 1 is just a reissue, but Waves 2 and 3 will be new. All 3 waves will be just for fully funded Priority One funding requests. So my earlier suspicions were unfounded.
The big question: Was the 3-week hiatus long enough for USAC to buy more pink envelopes?
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