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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: subsidies

subsidies stories: 10 news summaries

Island Rum
Fight Fattens Rangel's Coffers

Campaign cash pours in from Puerto Rico, Virgin Islands

Oct 6, 09 1:30 PM CDT
(Newser) - Charles Rangel’s campaign coffers are bulging with campaign cash from Puerto Rico and the Virgin Islands, but he insists that’s in no way influencing his decision on the competing rum tax bills each territory is pushing. “Besides Puerto Rico, you are the only one who has asked... More »

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taxes • Charles Rangel • Puerto Rico • rum • Virgin Islands • subsidies

(Newser) - Before newspapers held sway over politicians and maintained monopolies under federal anti-trust exemptions, they were a service people were willing to pay for, Michael Kinsley writes in the Washington Post. Even if “technology is on the verge of removing some traditionally vital organs of the body politic,” they... More »

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blogosphere • Internet • New York Times • online news • online newspapers • subsidies • newspaper industry • aggregator • investigative journalism

(Newser) - Barack Obama’s attempt to slash farm subsidies seems to have died on the vine, the New York Times reports. The $9.7 billion in cuts Obama included in his budget outline were conspicuously absent from the outlines the House and Senate approved Thursday, squashed by farm state lawmakers.... More »

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Barack Obama • agriculture • budget • subsidies • Kent Conrad • Obama administration • farm subsidies

 Creamery Biz 
 Milked Subsidies 
 Under Palin 

Case gives ammo to critics of Palin's Alaska spending record

Sep 16, 08 5:02 AM CDT
(Newser) - Critics who say Sarah Palin is not as fiscally conservative as she claims are questioning extended subsidies paid to a state-run creamery, the Wall Street Journal reports. The Alaska Creamery Board recommended closing the operation in 2007 after it fell $1.5 million in the red. Palin instead fired the... More »

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Alaska • dairy • fiscal conservatives • state spending • Sarah Palin • subsidies

Opinion

Washington Wants You to Guzzle Gas

Tax dollars should subsidize mass
transit, not cars

Aug 3, 08 3:28 PM CDT
(Newser) - As gas prices rise, Americans are driving less—and fewer dollars are flowing into the gas-tax-fueled Federal Highway Trust Fund. President Bush’s illogical response? To take money out of public transportation and put it in the highway fund—the latest bizarre example of officials intent on promoting and subsidizing... More »

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transit • gas prices • subsidies • cars • Federal Highway Trust Fund

 Global Trade Talks Collapse

Breakdown halts seven years of progress to hammer out deal

Jul 30, 08 4:32 AM CDT
(Newser) - World Trade Organization talks to forge a new global trade pact collapsed yesterday after seven years of negotiations. An EU spokesman called the breakdown a "massive blow to the confidence in the global economy." The talks fell apart as China and India demanded the authortity to impose "... More »

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China • India • Brazil • tariffs • Geneva • Globalization • free trade • Max Baucus • free trade agreements • World Trade Organization. • subsidies • global food crisis • Susan Schwab • Doha Round • William J. Bernstein • Pascal Lamy

Interview

 Agricultural Economist 
 Has Growing Concerns 

The insanity of farm subsidies just one facet of wide-ranging Q&A with Daniel Sumner

Jul 25, 08 1:45 PM CDT
(Newser) - Is there any way to justify US farm subsidies? Agricultural economist Daniel Sumner has a blunt answer: “No.” In an in-depth interview with the New York Times, Sumner takes on a broad range of agricultural topics, explaining the trouble with organic food (it’s too expensive), the problems... More »

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agriculture • organic food • biofuel • US economy • food prices • farm bill • agricultural economy • subsidies • Daniel Sumner

Senate Moves to Privatize Anemic Restaurants

Move takes money- losing subpar eateries off the taxpayer dime

Jun 9, 08 8:03 AM CDT
(Newser) - The Senate has voted to privatize its restaurants after decades of losing money, the Washington Post reports. The decision comes after much wrangling among Democrats, split between the $250,000 taxpayer subsidy that keeps the restaurants afloat and the lower wages workers would receive. “You cannot stand on the... More »

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Congress • taxes • Senate • Dianne Feinstein • restaurant • privatization • subsidies

analysis

New Stadiums Don't Repay Cities That Subsidize Them

Putting public funds into arenas has some benefit, but not enough to justify millions

May 4, 08 7:57 AM CDT
(Newser) - Professional sports stadiums have seen an enormous boom since 1990, often drawing on millions of dollars in public financing. Economics professor Dennis Coates, writing in the American, examines whether the expenditures actually benefit local economies—and  finds the answer a general "no." Stadiums actually reduce per-capita income, drive... More »

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stadium • subsidies • stadium financing

Food Prices May Force Cuts in Farm Subsidies

Normally 'untouchable' price supports at risk
in Congress

May 2, 08 2:32 PM CDT
(Newser) - Soaring food prices are putting pressure on Congress to withdraw some of the billions in  farm subsidies and ethanol incentives that have been considered politically untouchable for decades, the Los Angeles Times reports. With average farm income more than $89,000 this year—30% above the national average—the White... More »

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Congress • agriculture • ethanol • corn • biofuel • farmer • food prices • subsidies

10 Stories


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