Corp Welfare

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Kill The Worst Corporate Welfare

Through tax-exempt municipal bonds, the federal government has spent billions subsidizing the cost of professional sports stadiums, despite almost no evidence that these subsidies significantly boost local economies or job creation. DOGE can recommend preventing such bonds from being used to finance stadium construction.

Through the U.S. Agriculture Department, the federal government spends hundreds of billions of dollars on farm subsidies. As the Department of Health and Human Services Secretary nominee Robert F. Kennedy, Jr. recently noted, these subsidies not only disproportionately benefit the largest and wealthiest farms, they also support commodities for processed foods at the heart of the country’s chronic disease crisis. They can be significantly reformed or limited.

Through special tax breaks, the federal government massively subsidizes the fossil fuel industry, which distorts the energy market as cleaner energy becomes cost-competitive and fortifies an industry responsible for an increasingly expensive climate crisis.

These and so many other corporate welfare programs often waste money that could be used to make other efficiency measures — like tax code simplification — budget neutral.

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