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End corporate welfare, start budget cuts now
A cap on federal subsidies is urged as Congress and the Clinton administration face a historic budget task. Cato Institute identifies 125 programs costing about 85 billion annually, funding private business from sugar subsidies to defense conversion. Authors argue abolishing all business subsidies could save over half a trillion by 2002, reshaping preferred corporate welfare.
MENTIONED IN THIS ARTICLE
Congress
Clinton
Libertarian Cato Institute
Washington, D.C
Cabinet
Departments of Agriculture and Commerce
Cato
Pentagon
Sematech
U.S
Rural Electrification Administration
Federal Power Marketing Administration
Aspen
U.S. Forest Service
Weyerhauser
Georgia Pacific
Ag Department
Pillsbury
Sunkist
McDonald’s