Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, August 6, 2012

Solyndra-type corporate welfare costs $100 billion

Solyndra-type corporate welfare costs $100 billion
 

Solyndra-type corporate welfare costs $100 billion
Subsidies to businesses in the federal budget in fiscal 2012 cost taxpayers almost $100 billion, according to a new report from the Cato Institute. The report contains examples of what it calls corporate welfare plans gone awry — with the most familiar being that of the bankrupt solar energy company Solyndra. Read & Comment
 

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