In a new report, the Center for Economic Accountability analyzed economic development data from all 50 states and the District of Columbia, and there's very little to show for billions in annual spending.
According to a new Bloomberg report, Rivian has lost 93 percent of its market value since November 2021. The state of Georgia is still on the hook for as much as $1.5 billion in state incentives.
Taxpayers are on the hook for $1.26 billion for a new stadium in Nashville.
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
NPR is no Xinhua, but Elon Musk is correct that it doesn't need government subsidies.
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
Taxpayers spent about $500 million to build U.S Bank stadium, which is just seven years old.
The rich are getting richer under the Inflation Reduction Act.
Why are so many filmgoers and politicians eager to prop up baseball's boondoggles?
One place where environmentalists and libertarians are on the same page
The massive piece of legislation embodies all that is wrong with American lawmaking.
Plus: did the editors sing Happy Birthday to Adam Smith?
Plus: did the editors sing Happy Birthday to Adam Smith?
The Democratic president is supercharging former president Trump's failed approach to domestic manufacturing.
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
When politicians manipulate industry, the public pays the price.
Plus: The editors puzzle over Donald Trump’s latest list describing his vision for America.
The basics of middle-class life are too expensive. But more subsidies won't help.
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
If Congress wants to spend taxpayer money on child care services, it should pass a bill authorizing that.
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.
Legislators will increasingly argue over how to spend a diminishing discretionary budget while overall spending simultaneously explodes.
These days, he may run for president. His politics have changed.
If you look closely, you'll find a lot of contradictions.
It shouldn't be the federal government's responsibility to protect wealthy homeowners from the inevitable.
Rivian, an electric truck manufacturer that hopes to compete with Tesla, received a lucrative deal to build a new factory in Georgia despite concerns about its finances.
Transit officials and transit-boosting politicians in D.C., L.A., and New York City are warming to the idea of being totally dependent on taxpayer subsidies.
Some people would benefit. Others would lose money or be rendered unemployable.
Fixing federal permitting rules and easing immigration policies would help companies like the Taiwan Semiconductor Manufacturing Company, which are interested in building more plants in America.
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
The president has touted a factory jobs boom. In practice, that means forcing people out of their homes to benefit corporate projects that rely on billions of dollars of subsidies.
With government meddling, many farmers end up doing less with more, and people end up paying more for less.
According to the ruling, the Pima County Board of Supervisors violated the state constitution's Gift Clause with its sweetheart deal to a space tourism company.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
Businesses are all in favor of competition, tax cuts, and deregulation only until they aren't—meaning only until subsidies might benefit them.
Plus: Reason livestream on right-wing populism, the government can't solve the fentanyl crisis, and more...
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
Brayton Point was a coal-fired plant that tried to clean up its act. Protesters and politicians demanded its closure. A new offshore wind project won't be sufficient to replace it.
Even Democrats are criticizing the bill's unrealistic expectations.
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.
Making the U.S. semiconductor industry dependent on subsidies is not the way to stick it to China.
North Carolina wins "America's Top State for Business" by picking winners and losers.
