92d Congress
20 Session

JOINT COMMITTEE PRINT

70-378

92-2

THE ECONOMICS OF FEDERAL

SUBSIDY PROGRAMS

A STAFF STUDY

PREPARED FOR THE USE OF THE

JOINT ECONOMIC COMMITTEE
CONGRESS OF THE UNITED STATE

For sale by the Superintendent of Documents, U.S. Government Printing Office

Washington, D.C. 20402 - Price $1

Stock Number 5270-1326

JOINT ECONOMIC COMMITTEE

(Created pursuant to sec. 5(a) of Public Law 304, 79th Cong.,

WILLIAM PROXMIRE, Wisconsin, Chairman
WRIGHT PATMAN, Texas, Vice Chairman

SENATE

JOHN SPARKMAN, Alabama

J. W. FULBRIGHT, Arkansas
ABRAHAM RIBICOFF, Connecticut
HUBERT H. HUMPHREY, Minnesota
LLOYD M. BENTSEN, JR., Texas
JACOB K. JAVITS, New York
JACK MILLER, Iowa
CHARLES H. PERCY, Illinois
JAMES B. PEARSON, Kansas

LUCY A. FALCONE
JOHN R. KARLIK

HOUSE OF REPRESENTATIVES
RICHARD BOLLING, Missouri
HALE BOGGS, Louisiana

HENRY S. REUSS, Wisconsin

MARTHA W. GRIFFITHS, Michigan

WILLIAM S. MOORHEAD, Pennsylvania
WILLIAM B. WIDNALL, New Jersey
BARBER B. CONABLE, JR., New York
CLARENCE J. BROWN, Ohio
BEN B. BLACKBURN, Georgia

JOHN R. STARK, Executive Director
JAMES W. KNOWLES, Director of Research

ECONOMISTS

Ross F. HAMACHEK
RICHARD F. KAUFMAN
COURTENAY M. SLATER

Minority: GEORGE D. KRUMBHAAR, Jr. (Counsel)

JERRY J. JASINOWSKI
LOUGHLIN F. MCHUGH

WALTER B. LAESSIG LESLIE J. BANDER

(II)