When it comes to the Jacksonville Jaguars’ arguments in favor of taxpayer-funded upgrades for TIAA Bank Field, it’s time to blow the whistle on excessive economic promises. The team leadership’s claims that new public spending on the stadium would “provide a reasonable return on what will obviously be a sizable investment” by taxpayers long ago … Continue reading Jaguars’ Stadium Proposals Ignore Economic Reality
Across America, states are taking federal dollars meant to support the recovery from the COVID pandemic and using them instead to fund massive economic development subsidy deals. In a column in The Hill today, CEA President John C. Mozena and Mercatus Center Senior Research Fellow Michael D. Farren had a simple message: "We hate to … Continue reading Op-ed in The Hill: Frustrated by a corporate handout ‘Groundhog Day’? Blame the American Rescue Plan.
On February 2nd, the NFL's Washington Football Team announced that it would be renamed the "Commanders." The Center for Economic Accountability took the opportunity to release a statement reminding Washington, DC-area sports fans and taxpayers of the team's terrible track record -- and likely future -- with its publicly financed stadiums. When it Comes to … Continue reading CEA Statement on Renaming of Subsidy-Grubbing Washington Football Team
Testimony of John C. Mozena, President, Center for Economic Accountability Before the Michigan House of Representatives Commerce and Tourism Committee Regarding HBs 5425 & 5426 January 25, 2022 Madam Chair, honorable members of this committee, thank you. My name is John Mozena and I am the president of The Center for Economic Accountability. The CEA … Continue reading CEA President Testimony to Michigan House Commerce & Tourism Committee on Proposed Subsidy Legislation
The Center for Economic Accountability is part of a trans-partisan coalition of organizations working toward elimination of the use of non-disclosure agreements in state and local economic development subsidy deals. We joined our coalition partners in applauding the introduction of a bill in the Illinois State Legislature that would accomplish that goal in the state: … Continue reading CEA Joins Coalition Opposing NDA Use in Economic Development Subsidy Deals, Applauds Proposed NDA Ban in Illinois