Facing election-year pressure from voters and flush with federal cash, governors across America have signed three times more billion-dollar subsidy deals than any previous year in history. September 15, 2022 – An unprecedented flood of economic development “megadeals” with potential billon-dollar price tags across the United States is turning 2022 into a uniquely expensive year … Continue reading 2022 Is the Worst Year in History for State Corporate Welfare Megadeals
CEA President to Michigan Senate Committee: Stop Subsidizing a Shrinking Auto Industry
TESTIMONY OF JOHN C. MOZENA, PRESIDENT, CENTER FOR ECONOMIC ACCOUNTABILITY BEFORE THE MICHIGAN Senate economic and small business development committee REGARDING sbs 981-983 june 9, 2022 Chairman Horn, honorable members of this committee, thank you for the opportunity to speak with you again today. My name is John Mozena and I am the president of … Continue reading CEA President to Michigan Senate Committee: Stop Subsidizing a Shrinking Auto Industry
CEA Interview in Site Selection Magazine
Last year, Site Selection Magazine chose Apple's new R&D campus in North Carolina as one of its "Top Deals of 2021." That's the same $846 million subsidy deal that the CEA called the "Worst Economic Development Deal of the Year." In an effort to dig into the disconnect between the two recognitions, Site Selection Managing … Continue reading CEA Interview in Site Selection Magazine
Great.com interviews The Center for Economic Accountability About Advancing Economic Opportunity by Transparency
Danielle Riberio from Great.com interviewed the Center for Economic Accountability as part of their 'Great.com Talks With...' podcast. This series is an antidote to negative news stories that aims to shed light on organizations and experts whose work is making a positive impact on the world. America today gives more subsidies to stadiums than any … Continue reading Great.com interviews The Center for Economic Accountability About Advancing Economic Opportunity by Transparency
CEA Celebrates Economic Development Week with “Economic Development Disasters”
May 9-13 is "Economic Development Week," and the Center for Economic Accountability is bringing some much-needed context to the discussion. All week long, we're telling the stories of real-world "Economic Development Disasters" that can teach us lessons about what happens when economic development programs go wrong. Follow along on Twitter or learn more on our … Continue reading CEA Celebrates Economic Development Week with “Economic Development Disasters”