Hidden Spending

The Politics of Federal Credit Programs

By Dennis S. Ippolito

184 pp., 6 x 9

  • Paperback ISBN: 978-0-8078-4121-1
    Published: October 1984
  • eBook ISBN: 978-1-4696-4003-7
    Published: October 2017

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Ippolito examines the least publicized source of our current fiscal troubles--federal credit programs. Since the 1970s these programs (primary components of the federal policy in such areas as housing, agriculture, education, and international affairs) have grown dramatically, but neither the growth nor their costs have been reflected in the budget. The true costs are not tangible and direct, but these programs can affect investment, economic growth, and productivity.

Originally published 1984.

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