Legislators take aim at shipbuilding loans

Article Abstract:

The United States Maritime Administration?s Title XI Ship Loan Guarantee Program is being considered for overhaul by the United States Senate Committee on Commerce, Science, and Transportation. Commercial loans worth over $4.3 billion have been provided to United States shipbuilders since 1993; however, loan defaults have recently increased and more firms receiving these loan guarantees have filed for bankruptcy protection.

Government expenditures, Financial management, Water Transportation, Water Transportation Services, Support Activities for Water Transportation, Commerce, Science & Transportation, Economic aspects, Finance, Economic policy, Shipping industry, Company financing, Government lending, United States. Maritime Administration, United States. Congress. Senate. Committee on Commerce, Science and Transportation

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'Buy American' row leads to Republican rift

Article Abstract:

Nine Republican members of the U.S. House Armed Services Committee sent a pointed letter to Senator John Warner (R. VA) chairman of the Senate Armed Services Committee accusing the senator of violating an agreement with the House regarding military procurement policy.

Management dynamics, International politics, National Security, Defense Procurement, Armed Services, Management, Behavior, Beliefs, opinions and attitudes, Military policy, Company business management, Military procurement, United States. Congress. Senate. Committee on Armed Services, United States. Congress. House. Committee on Armed Services, Defence buying, Members of Congress (United States), Warner, John W., III

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