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PAD-83-12 1 (1982-12-28)

handle is hein.gao/gaobabduw0001 and id is 1 raw text is: RFEPORT BY THE U. S. General Accounting Office Catalog Of Federal Credit Programs And Their Interest Rate Provisions From fiscal year 1971 to 1981, new direct loan obligations increased about 445 percent to $57.2 billion, and new loan guarantee commitments increased about 99 percent to $76.5 billion. In the same 10 year period, repayments by borrowers were not keeping pace with lending activities, thus pushing up total amounts owed to or guaranteed by the Government. Direct loans outstanding at the end of fiscal year 1981 totaled $1 85.0 billion, up 248 percent from 1971, and guaranteed loans outstanding increased 1 21 percent in 10 years to $309.1 billion. Because of its rapid growth, Federal credit is currently a subject of major concern to those who must make oversight and budget decisions. The objective of this catalog is to increase knowledge about Federal credit programs by providing a comprehensive listing of authorized credit programs in fiscal year 1982. Also included is a profile of the interest rate provisions of credit programs that have a significant budgetary impact on program costs and the Federal deficit. 111 I I 11111 120348 GAO/PAD-83-12 DECEMBER 28, 1982 ,,5.t36\

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