Project 2025 calls for a consolidation and streamlining of various federal economic development programs, including the elimination of what it views as redundant agencies and grant programs.

The aim is to reduce governmental overhead and focus resources more directly on enhancing U.S. economic competitiveness.

For instance, it proposes reorganizing trade-related functions under a more centralized administration to improve efficiency.

While this approach might reduce federal spending and potentially increase the effectiveness of remaining programs, it could also reduce support for local and regional development initiatives, potentially leading to disparities in economic growth across different regions of the country.

The reduction in federal support for economic development could lead to underfunded localities and sectors struggling to compete globally, affecting jobs and economic stability in those areas [Project 2025, page 696].