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Federal subsidies prop up many industries amid tax funded aid
The piece details vast government subsidies and loan programs benefiting business from transportation to mining and farming. It cites total outstanding loans near 250 billion, maritime subsidies of 450 million annually, rail and airline supports, tax concessions amounting to tens of billions, and the expansion of programs since 1789 with figures on Amtrak, SBA loans, and rural electrification.
MENTIONED IN THIS ARTICLE
Pentagon
Nevada
Uncle Sam
C. Lowell Harris
Columbia University
Treasury Department
Asst
Treasury
Murray L. Weidenbaum
Sen. Proxmire
American Motors
Proxmire
Olympus
Charles Percy
Nixon
Congress
Agriculture Department
Commodity Credit Corp
Honey Market News
Mozambique
Austria
California Prine Advisory Board
Japanese Noodle Industry
Japan Wet Noodle Association
Japan Dry Noodle Association
Grand Daddy
Rural Electrification Administration
Small Business Administration
SBA
McDonald’s
Burger King
Western Auto
General Motors
Bank of
America
Chase Manhattan Bank
Penn Central
Passensenger
Americance
U.S
Interstate Commerce Commission
Congess
National Railroad Passenger Corp
Amtrak
Transportation Department
Boston-New York-Washington
Long Island
Illinois Central
Jersey Central
Reading
Urban Mass Transportation Administration
Worcester
Mass
Worcester Bus Co
Civil Aeronautics Board
Howard Hughes
Air West Airlines