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Saturday, March 13, 2010

2-in-5 is 0-6

Another demand estimate, another failure of the 2-in-5 Rule. Total all the Priority One requests and the Priority Two requests from applicants with a 90% discount, and you get $2.85 billion. Even with rollover of unused funds and some denials, we're not going to see funding of Priority Two requests for 80% applicants. Again.

The 2-in-5 Rule must go.

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