Concerns about Industrial Revenue Bonds and the Impact on Job Creation and Economic Growth

Item — Box: 51, Folder: 12

Identifier: CAC_CC_109_4_51_12_0040

Staff Only

Concerns About industrial Revenue Bonds and The Impact on Job Creation and Economic Growth

The sender of the letter is expressing concern about the impact of high interest rates on obtaining loans for their company's expansion plans. They mention that Industrial Revenue Bonds (IRBs) are crucial for accessing low interest loans, and without them, they cannot finance their anticipated expansion. The sender opposes any restrictions to the IRB program and believes that Congress should be encouraging such programs to address national problems like loss of productivity and competition from foreign companies. They request the recipients opinion on the issue.

Dates

1981

Language of Materials

English

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