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Monday Morning Read

Subscribe to our free weekly newsletter, an excerpt from which you’ll find below. Reinvent Albany has a good rundown of the good and bad of the session’s final flurry.  Among the bad: a $10 billion allocation, negotiated in the dark, to provide huge subsidies to the semiconductor industry. There’s good analysis here and here. New […]


Titans’ stadium subsidy surpasses Bills deal

Well, that didn’t take long. A month after Western New York became home to the largest public subsidy in the history of pro sports stadiums, officials in Nashville, Tennessee are preparing to spend even more taxpayer money to build a new riverfront home for the NFL’s Tennessee Titans.  Tennessee state lawmakers last week approved $500 […]


WNY tops the list of most wasteful subsidies

New York state has a long history of squandering huge amounts of taxpayer money on economic development projects that yield little to no returns.  A new report highlighting the state’s “Dirtiest Dozen” economic development deals ranked four Western New York projects at the top of the list.  The report, developed by the American Economics Liberties […]


State lawmakers object to Bills stadium deal

New York state Assemblyman Ron Kim did not hold back on Tuesday when asked for his thoughts on the plan to commit $1.13 billion in public funds to help the billionaire owners of the Buffalo Bills build a new $1.4 billion stadium in Orchard Park.  Tempering enthusiasm expressed on Monday by Gov. Kathy Hochul and […]


Taxpayer hit on Bills stadium tops $1 billion

The fear: A new Bills stadium would cost taxpayers $1 billion. The reality: It’s going to cost even more. The deal announced Monday commits the state to spending $600 million upfront to help cover construction costs. Erie County would put up an additional $250 million. But the subsidies don’t stop there. The state is also on […]


Hochul pressed on subsidy reform

New York doles out more subsidy dollars than almost any state in the nation and one of its more noteworthy programs was marred by corruption. The problems have been evident for years, and especially since Investigative Post exposed bid-rigging in the Buffalo Billion program in 2014 that eventually sent one of Gov. Andrew Cuomo’s top […]


Amazon subsidies: $4.7 billion and counting

Amazon is the world’s largest online retailer and, at a current value of $1.6 billion, one of the wealthiest companies of any kind on the planet.  A report released Wednesday by the subsidy watchdog group, Good Jobs First, suggests the retail giant is also in an elite category when it comes to cashing in on […]


Intel lured by $2 billion subsidy

The microchip subsidy game is getting more and more costly for taxpayers. Multiple media outlets reported this week that it cost the state of Ohio more than $2 billion worth of incentives to convince tech-giant Intel Corp. to invest $20 billion in the construction of two chip-making plants just outside of Columbus. The subsidy package […]