limited tariff

Crony Capitalism / Rent-Seeking / Corporate Welfare / Revolving Door (CongressionalGlossary.com)

Crony Capitalism / Rent-Seeking / Corporate Welfare / Revolving Door Corporate welfare refers to subsidies and regulatory protections that lawmakers confer on certain businesses and industries. When considering budget issues, federal policymakers are supposed to have the broad public interest in mind. Unfortunately, that is not how the federal budget process usually works in practice. … Read more

Earmarking / Earmarks / Miscellaneous Tariff Bills (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Earmarking / Earmarks / Miscellaneous Tariff Bills photo credit: Beau B Earmarking: Either of the following: (1) Dedicating collections by law for a specific purpose or program. Earmarked collections include trust fund receipts, special fund receipts, intragovernmental receipts, and offsetting collections credited to appropriation accounts. … Read more