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Bush fights corporate welfare over Project America
Geneva Overholser analyzes the clash between President Bush and Senate Minority Leader Trent Lott over government loan guarantees for Ingalls Shipbuilding in Pascagoula Mississippi. The piece argues corporate welfare drains federal funds, skews competition, and questions the role of subsidies in industrial policy.
MENTIONED IN THIS ARTICLE
Washington
Bush
Congress
Cato Institute
Senate
Trent Lott
Lott
Project America
Gulf Coast
Pascagoula
Mississippi
America
Ingalls Shipbuilding
Hawaii
Ingalls
Sea Rex
New York Times
Dole
Cato
U.S. Treasury
Richard Lugar
Senate Agriculture Committee
Internal Revenue Service
Geneva Overholser
Washington Post Writers Group