Federal Handout to Intel Will Cost $283,000 Per Job, and That's Being Generous
And the real kicker is that Intel was probably going to create those jobs without taxpayers funding anything.
Corporate Welfare
Cheering From the Press Box
Also: Oppenheimer and Godzilla win at the Oscars, Virginia state lawmakers nuke plans for taxpayer-funded arena, and more...
The Budget Deal Is Overflowing With $12 Billion of Earmarks
Why are federal taxpayers paying for upgrades at tiny rural airports, Thanksgiving Day parades, and enhancements for Alaskan king crabs?
If Semiconductor Chip Demand Is High, Why Do We Need More Subsidies?
Commerce Secretary Gina Raimondo says more chip subsidies are needed, even before the Biden administration has distributed $52 billion or measured how effective that spending was.
The Government Is Better at Picking Losers Than Winners
It's taxpayers who lose when politicians give gifts, grants, and loans to private companies.
Virginia Should Refuse to Subsidize the Construction of a New Stadium for the Capitals and Wizards
The proposed deal could be the largest-ever government subsidy for a sports stadium. Studies consistently show such handouts don't benefit communities.
Nikki Haley Opposed Boeing Subsidies at Tonight's GOP Debate. As Governor, She Gave Boeing Millions.
The former South Carolina governor can't decide whether she likes corporate subsidies or opposes them on principle.
Ford E.V. Battery Plant in Michigan Named Worst Economic Development Deal of 2023
For the third time in five years, the Center for Economic Accountability found an electric vehicle or battery plant to be the most egregious waste of taxpayer funds.
Michigan Lawmakers Signed Nondisclosure Agreements, Can't Discuss Corporate Welfare Scheme
If states insist upon giving away taxpayer money to private companies, the least they can offer in return is transparency.
Democrats Say They're Fighting Inequality. But Many of Their Policies Favor the Rich.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
The Oakland Athletics Just Showed Why They Don't Need Taxpayers To Buy Their New Stadium
But it didn't matter, as Nevada lawmakers approved a $600 million handout to the team.
Disney Sues Ron DeSantis, Claiming 'Targeted Campaign of Retaliation'
The lawsuit says Disney has been subject to "a targeted campaign of government retaliation—orchestrated at every step by Governor DeSantis as punishment for Disney's protected speech."
Tennessee Will Use Eminent Domain To Evict Black Farmers for Ford E.V. Factory
The state promised Ford nearly $900 million in incentives, including new and upgraded roads. But it chose to run that new road through a number of black-owned farms.
Electric Truck Manufacturer Featured in Super Bowl Ad Got $186 Million in Taxpayer Subsidies
Stellantis, one of the largest automakers on the planet with billions in cash on hand, got a generous handout from the state of Indiana for choosing to build its battery manufacturing plant there.
China Is Scaling Back Its Failed Semiconductor Industrial Policies. America Should Do the Same.
The warning signs are flashing "don't be like China."
Congress Can Reduce the Deficit by $7.7 Trillion in 10 Years
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
Brett Favre Goes on Welfare
How the former NFL quarterback convinced Mississippi to spend its public assistance money on a volleyball facility.
The Biden Administration Is Taking From the Poor and Giving to the Rich
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
A Few Ideas for the Better Government Americans Desperately Want
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
How To Waste $1 Trillion
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
The Next Farm Bill Will Probably Stink Worse and Cost More
Asking America's agriculture industry to stand on its own two feet remains a third rail in American politics.
Field of Welfare: How COVID Funds Might Build a Money-Losing Ballpark in a Cornfield
Is there a single movie more tied up with lousy government policy than Field of Dreams?
The CHIPS Act Is Corporate Welfare Disguised as Industrial Policy
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
Crony Capitalism Is Apparently Business-Friendly
North Carolina wins "America's Top State for Business" by picking winners and losers.
RIP Phil Harvey, Entrepreneur and Philanthropist Who Expanded Human Pleasure and Human Choice
Harvey, who died last week, dedicated his life to supporting human pleasure along with the power to manage it responsibly.
Build Back Better Bill Would Lavish New Corporate Subsidies on Biofuel Industry
The $3.5 trillion bill includes a new program to subsidize the makers of "sustainable aviation fuel."
Memphis Gave IKEA $9.5 Million While Several Smaller Furniture Stores Went Under
Corporate welfare hurts the people who actually need help.
Corporations Are Getting Rich off Government Aid
"I don't understand why money is leaving my pocket and going into the pocket of somebody who is wealthy."
Marco Rubio Echoes the Chinese Tyrants He Supposedly Hates
If you're going to attack Mark Zuckerberg for cozying up to Xi Jinping, maybe you should try harder not to sound like a Chinese dictator.
5 Ways Elon Musk and Other Billionaires Get Welfare for the Rich
Here's how to find it and put an end to it all.
Elon Musk, Welfare King!
The tech billionaire isn't alone among the mega-wealthy in getting piles of money from government at all levels, say the authors of Welfare for the Rich.
The Feds Have Doled Out Record Farm Subsidies To Save Trump's Campaign
There's an easier way to lessen the impact of retaliatory agriculture tariffs: repeal our own
Trump Administration Data Claims Coronavirus Relief Program Saved Tens of Thousands of Jobs That Probably Don't Exist
White House brags about the supposed success of the coronavirus relief program are based on shoddy data.
The Paycheck Protection Program Is a Mess. Here's Who Is Benefitting From the Dysfunction.
A program designed to keep workers on payrolls showered benefits on lobbyists, advocacy groups, and even members of Congress.
America Wasn't Ready for Coronavirus
Early takeaways from the country's response to a pandemic
Airlines Make Out Like Bandits in $2.3 Trillion Coronavirus Aid Bill
A lot of industries and individuals are suffering right now. A select few corporations are getting big bailouts.
The Senate's COVID-19 Relief Bill Is a Crony Capitalist Dream
Plus: COVID-19 in prisons and jails, Trump campaign threatens TV stations, state disparities in new coronavirus cases, and more...
Trump's Proposed Cuts to Farm Subsidies Don't Go Nearly Deep Enough
Instead of taking a little off the top, Trump needs to give farm subsidies a buzz cut.
Deceptive Data Make Georgia's Film Tax Credit Program Look Less Wasteful
Economists debunk the state government's claims about the size of the film industry.
Bipartisan Support for Electric Vehicle Handouts Betrays Taxpayers
Corporate welfare raises its ugly head again.
Sugar Subsidies Are Welfare for the Rich
America's biggest welfare recipients are often politically connected corporations.
Stossel: Sugar's Sweetheart Deal
Sugar subsidies are welfare for the rich. They cost consumers billions a year.
Amazon Kills NYC Headquarters Plans After Opposition From Local Pols
The details of the sorry saga suggest that corporate subsidies played a minor role in the company's decision.
Embattled Virginia Gov. Ralph Northam Signs Bill Authorizing $750 Million in Cash Subsidies to Amazon
No one is calling for the governor's resignation over the huge transfer of taxpayer dollars to a private company.
The Super Bowl of Corporate Welfare
Football is popular enough to thrive without politicians subsidizing it.