How the Jones Act enriches Russia
It came as a shock to some folks to learn that the U.S. imports oil from Russia. How could this be? It must be Joe Biden’s fault, right? One of…
The COMPETES Act: A top-down, pork-laden monstrosity
We’ve written before about the COMPETES Act, a massive corporate welfare/industrial policy scheme that a bipartisan gaggle of members of Congress are all too eager to pass before the mid-term…
Biden tries to revive massive corporate welfare scheme for semiconductors
While Congress inches closer to passing a final bill that would throw tens of billions of dollars at the semiconductor industry, Intel is getting ready to build such a plant…
There are plenty of good reasons to oppose semiconductor subsidies
Politicians of both major political parties and at all levels of government can usually agree on one thing: using tax dollars to subsidize select private companies is a good thing….
Voters just say “no” to stadium welfare
One particularly galling example of corporate welfare is the practice of sports teams convincing local governments to use taxpayer dollars and other publicly-funded goodies to build private stadiums. The selling…
A prohibitionist law that’s still on the books
The United States ended its disastrous alcohol prohibition regime in 1933. But the tendrils of prohibition ran so deep that a few still survive today. Among them: a century-old federal…
Democrats go all-in on corporate welfare
As congressional Democrats weave their plans for a cradle to grave state, the Cato Institute’s Chris Edwards gives us several reasons why we should just say “no” to all that…
The Biggest Crony Capitalist Game in Town
With Republicans publicly feuding with corporations over state election laws, there was some slight hope that the GOP’s pique might take root just long enough to end the decades-long crony…
The Corporate Welfare at the Heart of Biden’s Infrastructure Plan
A key component of the Biden administration’s $2.25 trillion infrastructure proposal is a plan to spend hundreds of billions of dollars on specific U.S. industries to enhance their global competitiveness….
How Corporate Welfare Fleeces Taxpayers
Article from For Liberty by Norm Leahy. Local governments have long had a habit of giving taxpayer money and other favors to specific businesses if those businesses promise to provide…