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There should be no waiver of the Stevenson amendment which effectively caps U.S. subsidized credits to the Soviet Union for oil and gas exploration and development.
CENTERFORSECURITYPOLICY: Energy Leverage: Moscow's Ace in the Hole
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The Center has long viewed taxpayer-subsidized credits to Moscow as an imprudent liability and strategic mistake prior to systemic economic reform and free and fair national elections in the USSR.
CENTERFORSECURITYPOLICY: Center for Security Policy | An Effective US Response To Soviet Economic Warfare Against Lithuania
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In particular, some seem to believe that the absence of strict control over the money supply notably the hemorrhaging of subsidized credits to bankrupt state-owned industries (read the military-industrial complex) is accepted by the Russian government as the single greatest obstacle to true structural change and that corrective action is in the offing.
CENTERFORSECURITYPOLICY: Center for Security Policy | Over To You: Congressional Scrutiny Urgently Required On Aid To Russia
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In particular, some seem to believe that the absence of strict control over the money supply -- notably the hemorrhaging of subsidized credits to bankrupt state-owned industries (read the military-industrial complex) -- is accepted by the Russian government as the single greatest obstacle to true structural change and that corrective action is in the offing.
CENTERFORSECURITYPOLICY: Center For Security Policy
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In addition, the Reagan Administration simultaneously -- and successfully -- acted to strengthen multilateral export controls on militarily-relevant technology and end subsidized official credits to Moscow.
CENTERFORSECURITYPOLICY: CUBA AND THE JURAGUA NUCLEAR POWER COMPLEX
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Of the development's 718 units, 529 would be for very-low-income tenants, and the rest would be divided between working-class people subsidized by tax credits and market-rate rentals.
WSJ: A Texas-Size Housing Fight
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Instead, we have maintained artificially high prices with tax credits, subsidized mortgage rates, low down payments, and foreclosure relief.
FORBES: Flying Blind Into The Double-Dip
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And yet, such borrowing by Moscow almost certainly will cost Western taxpayers dearly, either directly or indirectly, in the forms of subsidized, below-market credits, bad debts ultimately written off, and higher defense spending to counter the harmful consequences of perpetuating the militarized Soviet economy.
CENTERFORSECURITYPOLICY: Center for Security Policy | Read The President��s Lips: ��No U.S. Taxpayer Aid To Gorbachev��