51 research outputs found

    THE HYBRID PLAN: A PROPOSAL FOR FEDERAL CREDIT REFORM

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    Federal credit subsidies are one of the largest areas of government activity. However, the Unified Budget treats lending in a highly misleading manner, and federal credit management is inconsistent and deceptive. These oversights have contributed to both the rapid rise of federal lending and the financial crises facing several credit agencies during recent years. Credit reform is a vital issue both to protect the government's huge financial stake and to ensure the success of credit programs. Copyright 1990 Western Economic Association International.
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