Ippolito examines the least publicized source of our current fiscal
troubles--federal credit programs. Since the 1970s these programs
(primary components of the federal policy in such areas as housing,
agriculture, education, and international affairs) have grown
dramatically, but neither the growth nor their costs have been
reflected in the budget. The true costs are not tangible and
direct, but these programs can affect investment, economic growth,
and productivity.
Originally published 1984.
A UNC Press Enduring Edition -- UNC Press Enduring Editions use the
latest in digital technology to make available again books from our
distinguished backlist that were previously out of print. These
editions are published unaltered from the original, and are
presented in affordable paperback formats, bringing readers both
historical and cultural value.