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Iowa, for example, has just authorized $75 million a year until 2010 to finance subsidies to corporations.
To finance subsidies and a whole range of populist but unproductive expenditure, it has taken to printing huge amounts of money.
As highlighted in Galiani and Somaini in this volume, the abrupt change in the trends in tariff protection after the oil crisis points to dynamic factors such as the increasing cost of technology adoption in the manufacturing sector as well as the fiscal constraints to finance subsidies to the manufacturing sector.
A quick quiz: Who authored a proposal that included an individual mandate to purchase health insurance, created markets through which the uninsured and employees of small businesses could purchase policies and used reductions in Medicare spending to finance subsidies for the uninsured?
Any effort to make private insurance more attractive to lower-income consumers would require the federal government to finance subsidies for more people.
With no foreign investors to pump money into the economy and tourism revenues down by a third, the interim rulers have resorted to draining Egypt's foreign exchange reserves to keep the government ticking over, finance subsidies, and pay for imports.
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Medicare is the primary financer of postgraduate medical education, both via direct financing — subsidies to pay salaries of residents — and, indirectly, payments to hospitals for tests and other activities in which residents are involved.
The main difference is that the House finances subsidies that would permit the S.B.A. to guarantee more lending in its main loan programs than the administration would.
The 29-year-old system of limiting spending by providing candidates with publicly financed subsidies has been brushed aside by President Bush.
She has not made a firm commitment, even as she endorses an updating of public financing subsidies to make it more attractive.
His group's vision diverges from the labor agenda on some key issues, including the use of tax-increment financing subsidies and the leasing of public assets to private investors.
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