Now the CHIPS Act Is Going To Subsidize Child Care Too
If Congress wants to spend taxpayer money on child care services, it should pass a bill authorizing that.
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.
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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.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.
I asked scholars, podcasters, and passersby how they'd change the nation's founding charter. Here's what they told me.
A Urban Institute research brief found that affordable housing developments in Alexandria, Virginia, were associated with a small increase in surrounding property values.
You can thank robust competition for the fact that environmentally friendly cars are easier than ever to afford.
The economic benefits are a home run that never came, and never should have been expected.
Opening Day and a bad New York Times op-ed are timely reminders that much of what ails professional baseball is the intrusion of government.
Some want to solve the problem with subsidies for gas, housing, child care, and more. That only risks greater stagnation.
If approved by the New York legislature, it would be the biggest public handout in NFL history.
Child care workers benefit from state subsidies. They’re fighting against possible cuts by encouraging regressive taxes that fuel a new drug war.
Meanwhile, Virginia and Washington, D.C., are in a bidding war to decide which taxpayers will have the chance to pay for the Washington Commanders' new stadium. It shouldn't be this way.
Chipmakers don't need the money, and they won't get it until after the current mess has been resolved.
Using "we" implies a collective responsibility, creates the false impression that most people are on board, and hints that we'll share equally in the benefits.
Other teams beg for taxpayer handouts.
You can support pre-K education and affordable child care and worry about climate change while understanding that policymakers need to get out of the way.
Musk's finally ready to admit that government subsidies distort markets and that government actors are terrible at capital allocation.
These schools are already extremely accessible to low-income students. Don’t mess with their flexibility.
And why stopping the subsidies can help bring it back.
Corporate welfare hurts the people who actually need help.
The Democrats' new tax plan would give local newspapers up to $25,000 in refundable tax credits for each journalist they employ.
Lawmakers want to pay cities to help cannabis businesses navigate the state’s oppressive bureaucracy.