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Free Enterprise Or Capital Gains Subdidy Ties The Gov
An AP analysis finds federal aid to private business totals at least 28 billion yearly and possibly up to 38 billion. Subsidies come as cash, tax breaks, loans, and services across 61 agencies, touching farms, defense contractors, exporters, and mining. The study notes masking subsidies in tax code and program rules, with debates over government role in business policy.
MENTIONED IN THIS ARTICLE
Lockheed
Gaylord Shaw
Washington
America
Associated Press
Lockheed Aircraft Corp
Penn Central Railroad
Horse Heaven Mercury
Oregon
California
Grandmother’s Bakery
Chicago
William Coxmire
D-Wis
Congress’ Joint Economic Committee
Proxmire
Secretary of the Treasury
John B. Connally
Douglas Grymes
Koppers' Co. Inc
Grymes
Nixon
White House
Pentagon
Nevada
Uncle Sam
Postal Service
C. Lowell Harris
Columbia University
Asst
Treasury
Murray L.weidenbaum
Sen. Proxmire
Olympus
American Motors