Information on Programs Primarily Benefiting Business
PAD-82-40: Published: Jul 21, 1982. Publicly Released: Jul 21, 1982.
- Full Report:
In response to a congressional request, GAO provided information about programs that benefit business, including spending programs, credit programs, and tax expenditures.
Spending programs will be reduced substantially from fiscal year 1982 levels, mostly because of reductions in some large programs directed toward business. Furthermore, by raising eligibility criteria, the administration intends to reduce the number of qualified borrowers of available spending funds. Tax expenditures directed toward business will be increased, largely as a result of the Economic Recovery Tax Act of 1981.