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 Comments on Proposed Changes to Subsidy Transparency in Texas
Earlier this year, a bipartisan coalition of Texas lawmakers declined to renew the state's controversial Chapter 313 subsidy program, which was costing the state billions of dollars in property taxes that would have otherwise gone to local school districts. Recently, the Texas Comptroller published proposed changes to the way his office would collect information about … Continue reading CEA Comments on Proposed Changes to Subsidy Transparency in Texas