On the recordMarch 13, 2012
My reading of history suggests that long-term subsidies--and 20 years is long-term--tend to cause costs to stay high instead of introduce the competition that cause costs to go lower.
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congress.govLamar Alexander: “My reading of history suggests that long-term subsidies--and 20 years is long-term--tend to cause costs to stay high…”
Editor's note · Context
Alexander argues that long-term subsidies keep costs high instead of fostering competition.
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