Corporate welfare, also known as economic development, is widely used throughout Texas and the nation. From local tax abatements to the Export- Import Bank, governments provide billions of dollars each year in benefits to businesses in an attempt to improve the outcomes of the marketplace. In Texas alone, tax abatements, renewable energy subsidies, development incentives, and direct payments total more than $2 billion annually.
The debate questions Americans want answered
It’s just a shame the media in control of the debate will be unlikely to focus on the most vital issues. The media have begun their predictable lead-up to the first presidential debate slated for June 27 with the usual question — “Do debates really matter?” — before answering it themselves. As Politico’s Jack Shafer...