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Despite recent court rulings striking down racial preference laws, such programs have rarely been terminated and most are still going strong.
The "Section 8(a)" federal contract set-aside program awarded $5.8 billion in fiscal 1995 to minority- and female-owned firms. One-quarter of that went to just fifty companies -- at an average contract price of over $29 million apiece. Source: David A Price, "Affirmative Action Shenanigans," Investor's Business Daily, February 10, 1997. |
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