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CRS85748Epage17
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nationally. _§/ U.S. Executive Office of tin: President. Office (Hf Management auui Budget. Budget of the United States Government, Fiscal Year 1986. Washington, U.S. Govt. Print. Off., 1985. p. 5~65.
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CRS85748Epage09
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credit market imperfections. A Second, it can Ix: argued that the proposed PEEK’ is justified CH1 equity grounds, since the distribution of income is too unequal. Credit assistance to small businesses may reduce unemployment and create more small business enter” prises. Third, it can be argued that the FLDP would have advantages over the eXist~ ing direct loan and loan guarantee programs of the Small
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CRS85748Epage15
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cause a net reduction in available credit to small businesses. Even the desirability of Federal credit assistance to small business de- pends, at least partially, (H1 one's political ideology. For example, in the
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CRS85748Epage11
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the Federal Government would make loan— able funds available to lending institutions at an interest rate that is 3 per~ cent below the Federal Government's cost of tmmrowing. For example, if the Treasury borrows funds at 12 percent, the Treasury would loan these funds to lending institutions en: a 9 percent rate of interest. The difference between the Treasury's borrowing cost and the Treasury
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CRS87331ENRpage45
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CRS-19 .ou«>uum.suusomom uuaasoum .ousunsu«um< no usuauuauuu .m.= uouuzom ans ass ses mes sms em~ «en q~« ans noa ¢~n.¢ muuuusso .uuou aauuu xsacaun mouox .auuu susum suauaa ouqxox .:uuz sauna mas mos ass sns nms se~ oh“ ems use sac nc~.e uuuauouu .u«~«:u s«uumH< .nasu> uuamm omu auuomwz muuox mam: u«nmum sauna ass anus: ess sud oms cow can now seq one mme.. e~a.s n-.e uuosvouu can
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CRS87331ENRpage57
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39 5.45 35 .38 2 3.11 20 .54 3 1979/80 17.31 7.20 42 5.49 32 35 2 3.58 21 .70 4 1980/81 18.85 6.159 33 7.74 41 .41 .2 13.81 20 .74 4 1981/82 20.72 6.27 30 8.35 40 .74 4 4.26 21 1.11 5 91982/83 23.29 6.45 28 8.24 35 1.55 7 5.86 25 1.20 5 1983/84 21.39 4.86 23 7.71 36 2.12 10 5.38 25 1.32 6 1984/85 22.29 4.46 20 8.44 38 2.88 14 5.15 23 1.36 6 1985/86 22.74 5.45 24 7.38 32 3.20 14 5.11% 23 1.60 7 1986/87
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CRS87331ENRpage15
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large quantities of feed grains, primarily corn. While a debate rages over whether the 1980 grain embargo hurt U.S. exports to the Soviet Union, Soviet imports of U.S. feed grain increased under the Second Long-Term Grain Agreement signed in 1983 because of a continuing strong Soviet demand for feed grain imports. However, the Soviets purchased wheat elsewhere. The large Soviet grain harvest in 1986
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CRS87331ENRpage67
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197 27 224 31 53 7 1979 836 228 - 27 81 10 196 23 276 _ 33 55 7 1980 1,096 316 29 170 16 207 4 19 344 31 59 5 1981 1,484 375 25 295 20 290 20 482 32 42 3 1982 _1,370 . 261 19 302 22 312 22 457 33 38 3 1983 1,302 225 17 V 289 22 297 23 457 35 34 3 1984 1,213 209 17 281 23 304 25 385 32 34 3 1985 1,179 211 18 274 23 302 26 346 29 46 4 1986P 1,195 270 - 23 1 251 21 . 329 28 305 26 40 3 1987 1,281 338
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CRS87331ENRpage19
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CRS-6 prices of competitor nations, and on the availability of credit at concessional rates. U.S. SHARE OF WORLD MARKETS The decline in the competitiveness of U.S. agricultural exports can be vseen in tables 15 through 24. In 1986, the U.S. world market share was lower in wheat, rice, coarse grains, soybeans and products, cotton, and pork than it was in 1977. U.S. world share of cotton exports
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CRS83110EPWpage77
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security, pensions are to remain at their June 1982 level until January 1984. ' The maximum benefit schedule: June 1982 — Dec. 1983 Jan. - Dec. Veteran Widow(er) 1984 1984 (Estimates) Family’ Size 3/ $5,328 $3,570 $5,514 $3,694 1 2 6,980 4,677 7,224 4,840 3 7,883 5,580 8,158 5,775 4 8,786 6,483 9,093 6,709 5 / 9,689 7,386 10,028 7,644 a/ This column refers to the veteran plus dependents
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CRS83110EPWpage95
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cash income of the household, except energy assistance, a portion of some types of student aid, reimbursements for expenses, and certain other income re- quired to be disregarded by other Federal laws. Countable in- come excludes from gross income: (1) an inflation-indexed standard deduction standing at $85 per household per month until October 1983 5/; (2) 18 percent of any earned income; (3) work
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CRS83110EPWpage76
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rates, effective January 1, 1979, and provided that there- after they would be raised at the same time and by the same percent- age as Social Security benefits. Thus, benefits were increased 14.3 percent effective June 1980, 11.2 percent effective June 1981, and 1] Veterans disabled because of military service are eligible for compensation payments, for which there is no income test. 3] Eligibility
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CRS83110EPWpage94
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year 1984, and $13.9 billion in fiscal year 1985. Federal costs in fiscal years 1982 and 1983 are estimated at $11.1 billion and $12.8 billion, respectively. 2/ A State qualifies for a Federal matching rate of 60 percent if it has reduced its rate of erroneous payments below 5 percent and has met certain other requirements. A State is penalized with a partial loss of Federal funding for adminis
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