Insufficient due diligence, speculative returns, lack of concern for local impacts and convoluted structure set project apart in a historic year for corporate welfare megadeals. December 27, 2022 – Georgia’s $1.5 billion subsidy of a Rivian electric vehicle assembly plant has been selected as the “Worst Economic Development Deal of the Year” for 2022 by … Continue reading Georgia’s Rivian Plant Subsidy Recognized as 2022’s “Worst Economic Development Deal of the Year” by the Center for Economic Accountability
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