Stellantis, one of the largest automakers on the planet with billions in cash on hand, got a generous handout from the state of Indiana for choosing to build its battery manufacturing plant there.
Legislators will increasingly argue over how to spend a diminishing discretionary budget while overall spending simultaneously explodes.
Biden sat in a truck that costs as much as $120,000 to promote a tax credit that only applies to electric vehicles retailing for up to $80,000.
The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.
But partisans are having the wrong debate.
Rivian, an electric truck manufacturer that hopes to compete with Tesla, received a lucrative deal to build a new factory in Georgia despite concerns about its finances.
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
Some people would benefit. Others would lose money or be rendered unemployable.
It's especially outrageous when considering the billions of dollars in fraud that took place thanks to COVID-19 relief programs.
The policy has some bipartisan support, despite the fact that it has mostly been a failure since its inception.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
Honda, one of the world's largest automakers, announced it would spend $4 billion building and upgrading factories in Ohio. The state is showering it with public funds anyway.
From immigration to drug reform, there is plenty of potential for productive compromise.
Businesses are all in favor of competition, tax cuts, and deregulation only until they aren't—meaning only until subsidies might benefit them.
Possibly the federal government's most efficient pandemic spending effort.
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
Many conservatives no longer appear to care much for fiscal conservatism.
Even Democrats are criticizing the bill's unrealistic expectations.
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
Under Biden, Trump, and Obama, government federal spending almost doubled.
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
Some want to solve the problem with subsidies for gas, housing, child care, and more. That only risks greater stagnation.
Both Republicans and Democrats want to address poverty with big government.
For decades, libertarians have focused on illiberalism coming from the political left. But authoritarianism has taken root among many conservatives across the world.
Something to be grateful for.
Only vehicles made in unionized U.S. factories qualify for the full amount.
"Spending trillions more on new and expanded government programs, when we can't even pay for the essential social programs...is the definition of fiscal insanity."
Biden's plan will raise taxes on individuals earning as little as $30,000 annually by 2027, but that's just a trick to make the overall cost of the bill look lower than it really is.
And hope for the future (still) lies outside of the state.
Urban Democrats may be leading the charge, but Republicans, too, have enlisted.
No country gets out of poverty through redistribution of income.
In response to Biden's child tax credits, Sen. Josh Hawley proposes paying parents $1,000 per month—if they're married—and $500 per month if they're single.
The jury is still out about whether broad parental subsidies improve outcomes for children
In most circumstances, parents would be eligible to receive $3,000 per child annually, doled out in monthly checks. It could be a major overhaul of how the federal government handles welfare.
On the brighter side, Biden wants 100 million vaccinations in 100 days and will push for immediate school reopenings.
The Arizona Senator would give families an $8,000 tax credit, plus $500 for each child, to take a trip that's at least 50 miles from their home but not outside the United States.
The solar industry has benefited from "temporary" tax credits for decades. These might finally be allowed to lapse.
On their own, some of those tax breaks might be defensible. Dumping them into a must-pass budget bill is not.
The number of children that families choose to have is none of the government's business.
There's nothing more permanent than a temporary solar investment tax credit.
The California senator's plan to create a new refundable tax credit is bad policy, but it says a lot about her politics heading into 2020.
Government plays Santa Claus with your tax money.
In addition to tax credits, Virginia is giving Amazon the right to rename the area around its new headquarters.
The Low-Income Housing Tax Credit program is on the receiving end of yet another negative government watchdog report.
79 percent of the EV tax credits go to households with adjusted gross incomes of $100,000 or higher
Skeptics question the economic benefits of the Garden State Film and Digital Media Jobs Act.