#subsidies

  1. Congress Yet Again Abuses 'Emergency Spending' for Non-Emergency Purposes

    By Veronique de Rugy This week, Congress moved closer to passing four separate bills with $95 billion in funding for Ukraine, Israel, Indo-Pacific allies, and the domestic submarine industrial base. This funding has been debated for months, with much of it intended for wars that h

  2. US committee finds China is subsidizing American fentanyl crisis

    By: Michael Martina WASHINGTON (Reuters) - China is directly subsidizing production of illicit fentanyl precursors for sale abroad and fueling the U.S. opioid crisis, a U.S. congressional committee said on Tuesday, releasing findings from an investigation it said unveiled Beijing'

  3. Nigeria inflation climbs to 28-year high in March

    By: Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria's inflation kept climbing in March, reaching a 28-year high of 33.20% in annual terms, driven by soaring food and energy costs despite central bank rate hikes aimed at halting its ascent. The latest data from the National Bureau of St

  4. White House to Congress: Stop Stalling and Fund This Critical Broadband Program

    By Rob Pegoraro The Affordable Connectivity Program that’s taken $30 a month off the broadband bills of tens of millions of lower-income Americans since 2022 is only weeks from becoming legislative abandonware . But the Biden administration isn’t done trying to get Congress to rebo

  5. Poll: A Majority of Las Vegas Voters Don't Want To Pay for Athletics' New Stadium

    By Varad Raigaonkar Oakland Athletics owner John Fisher's effort to relocate the baseball team to Las Vegas, Nevada, had seemingly earned him promises of $600 million in public funding for a new stadium from state lawmakers that he didn't need . But if Fisher was hoping for a fresh

  6. Say No to This: America's Fiscal Norms Are in Decline

    By Veronique de Rugy Washington Post columnist Megan McArdle recently wrote that the best argument made in favor of limiting the size of the stimulus during the Great Recession—part of a larger conversation about austerity—was one of ethos. "We weren't spending the money in theory

  7. EU probes Chinese wind turbine suppliers over subsidies

    By © AFP 2022 The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition. The 27-nation bloc is seeking to massively ramp up renewable energy

  8. EU probes Chinese wind turbine suppliers over subsidies

    By © AFP 2022 The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition. The 27-nation bloc is seeking to massively ramp up renewable energy

  9. Politicians Are Showering Manufacturing Companies With Crony Subsidies for 'Job Creation.' It Won't Work.

    By Veronique de Rugy In the grand circus of politics, where elephants and donkeys alike perform under the big top, there's one act that never fails to draw a crowd: the venerable "job creation" routine. Putting people back to work, especially those without college degrees and in t

  10. Biden Is Against Corporate Welfare Except When He's for It

    By J.D. Tuccille Not that many Americans expect politicians to be truthful, but for the sake of naïfs walking among us at this late date, let's point out that, when President Joe Biden rails against giveaways to big business, it means a lot of money is on its way to favored corpor