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subsidies
Gov. Hochul's giveaway for the rich leaves a nearly $1B Buffalo bill for taxpayers
Gov. Kathy Hochul is sticking New York taxpayers with a record $850 million in subsidies for the Buffalo Bills' new $1.4 billion football stadium.
'Waste of public funds': NY lawmakers slam $10 billion public subsidies, tax breaks for corporations
New York's $10 billion in annual public subsidies and tax breaks to corporations were trashed as wasteful and mired in corruption during a state Senate hearing.
Biden's dangerous plan to paper over inflation via more government handouts
Worried about inflation eating up your paycheck? Relax: Uncle Sam can keep sending you handouts to make up the difference.
BlackRock’s ‘No. 1’ goal in 'woke' investing: Huge ESG-funds haul
BlackRock CEO Larry Fink is boarding the environmental-activism train for immense profits, as long he’s the one creating the ESG (environmental, social and corporate governance) funds that are all the...
Teslas made in China see price hike as government cuts subsidies
China-made Teslas will become more expensive after local authorities cut subsidies in the world's biggest auto market.
Why Dems are so bent on passing wind amid corona crisis
Stop me if you’ve heard this before: Renewable energy is getting so cheap that it doesn’t need subsidies anymore. Yes, well. Renewables live or die by subsidies, in fact. That...
Stopping green energy companies from blackmailing state consumers
In New York, electricity is bought and sold in a wholesale market. Like other markets, it has rules to prevent participants from gaming the system to their own advantage, thus...
Conservatives should stop funding anti-American Studies on campus
Democratic candidates are pushing to radically expand government’s role in higher ed., which means conservatives need to be prepared to fight for the campus — starting by withholding taxpayer money,...
Hey, New York, stop sending me money!
You are going to laugh at the story I’m about to tell you, especially if you find it funny when taxpayer money is wasted because of slapstick incompetence. And hopefully...
Comptroller pitches rent subsidy hike for Big Apple vets
City Comptroller Scott Stringer has a Veterans Day present for Big Apple vets. Stringer is proposing a new tax credit that would bump average annual subsidies for more than 32,000...
Trump eyes up to $15B in more aid for farmers hurt by tariffs
The Trump administration was expected to announce up to $15 billion in aid to farmers hurt by his trade war with China as soon as Thursday, people familiar with the...
The New York Times' wild lies about Hudson Yards subsidies
This week’s long-awaited opening of Hudson Yards galvanized its myriad, anti-progress haters. Not least The New York Times, which on Sunday ran what amounted to an incitement to riot over...
Where’s the Oscar for the taxpayers who funded so many films?
When the Oscars 2019 are handed out this weekend, some important players are sure to go unrecognized: US taxpayers. That’s a shame. After all, they paid to subsidize many of...
Top Amazon enemies still back some obscene corporate subsidies
The New York politicians who scuttled the Amazon deal claim they oppose corporate subsidies in principle. Sweetheart deals are “long discredited economic-development policies,” said state Sen. Michael Gianaris, perhaps the...
De Blasio reveals NYC spends $10 subsidizing each ferry ride
The subsidized cost to taxpayers for each NYC Ferry ride hit $10 last year, dramatically higher than the $6.60 officials had initially claimed, the de Blasio administration admitted Monday. The...
De Blasio: Amazon wanted even higher tax breaks, but we said no
Amazon wanted even greater subsidies to come to Long Island City but the city and state turned them down, Mayor Bill de Blasio said Wednesday. “Amazon wanted a whole host...
Cuomo: $3B giveaway to Amazon 'costs us nothing'
Gov. Cuomo and Mayor de Blasio on Tuesday rolled out the green carpet for Amazon — while claiming that $2.5 billion in taxpayer subsidies to lure the e-commerce juggernaut here...
Manufacturing company went bust despite city's $5.2M investment
The city invested $5.2 million in a company that was supposed to be a game-changer in manufacturing by creating 500 jobs and supporting 200 small businesses out of the Brooklyn...
New York taxpayers will be paying again for the upstate jail escape
New York taxpayers shelled out at least $23 million in the 2015 search for Richard Matt and David Sweat after their escape from the upstate Clinton Correctional Facility — and...
Even more evidence of Cuomo pay-to-play corruption
Fresh evidence keeps rolling in that Gov. Andrew Cuomo’s “economic development” programs amount to one vast pay-to-play scheme. The latest: an Albany Times-Union exposé on the exceptional state aid for...