Construction Differential Subsidy

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The Construction Differential Subsidy was a program whereby the United States government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non-U.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.[1]

References

  1. U.S. Department of Transportation Maritime Administration [1]
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