After kicking around Congress for weeks, the Administration's metals subsidy plan (PTI, May 19) finally died last week at the hands of the House of Representatives.
So the fact that a government subsidy is being provided to private investors to buy up debtand that this subsidy will cause those investors to pay more for this debt than they .
Putting on the pressure, money-losing eastern railroads last week appealed to three states for tax relief or subsidy.
MALAYSIA PRESS-O&G subsidy could be cut first-The Malaysian Reserve With a target to cut the national subsidy bill by more than 4 bln rgt ($1.28 bln) before the end of the year, the government gave signals that the first to get the cut could be the oil and gas (O&G) subsidy. ...
June 11, 2013 - Reuters via Yahoo! Finance
Morocco Says Subsidy Cuts Dependent on Commodity Prices “If oil prices were to fall drastically, so would the size of the financial effort we would need to make to dismantle subsidies for fuels,” Boulif said by phone from Rabat. “As long as global commodity prices are high, the reform of the subsidy system will be difficult to implement.”
June 11, 2013 - Bloomberg
US Senate Ends One Farm Subsidy, Adds Another The U.S. Senate has cut a $5 billion-per-year farm subsidy program as part of a bill shaping U.S. farm policy and much more. But lawmakers have added new subsidies that critics say could end up hurting other countries’ farmers more than the old program did. The $955 billion Farm Bill passed the Senate with a wide, bipartisan majority. It cuts about $24 billion from the budget over 10 years, in ...
June 11, 2013 - Voice of America
Eric Cantor in USA Today The plan seems to offer little incentive for private investors to participate unless the subsidy is made so rich that it comes at the expense of the taxpayer,House Republican Whip Eric Cantor of Virginia said.
President Bush in Seattle Times The bill Congress is now considering would fail to eliminate subsidy payments to multimillionaire farmers,Bush said. "America's farm economy is thriving. The value of farmland is skyrocketing. And this is the right time to reform our...
Judi Dench in BBC News In an interview with the Times newspaper last week, Dame Judi said she was "concerned that they've taken a lot of the subsidy to the arts away for the Olympics".