Bailouts | Reason Archives (original) (raw)
The 'Pro-Worker' GOP Is Anti-Worker
The New Right talks a big populist game, but their policies hurt the people they're supposed to help.
Veronique de Rugy | 7.25.2024 12:01 AM
Taxpayers Refuse To Pay New Stadium Expenses for Billionaire Sports Owners
Jackson County, Missouri, voted not to extend a sales tax that would have benefited the Chiefs and the Royals.
Varad Raigaonkar | 4.3.2024 3:45 PM
Taxpayers Will Soon Find Out if They'll Have To Finance Fancy Stadiums for the Chiefs and the Royals
Jackson County, Missouri, residents should not be billed for the undertakings of private businesses.
Varad Raigaonkar | 3.29.2024 3:52 PM
Biden Administration Quietly Extended the Unnecessary COVID Bailout for States and Local Governments
Republican senators say the change is "mind-bending and deeply concerning."
Eric Boehm | 1.5.2024 11:00 AM
Nikki Haley Opposed Boeing Subsidies at Tonight's GOP Debate. As Governor, She Gave Boeing Millions.
The former South Carolina governor can't decide whether she likes corporate subsidies or opposes them on principle.
Christian Britschgi | 12.6.2023 9:47 PM
The COVID Bailout of State and Local Governments Was Unnecessary
Well over half of those funds remain unspent, according to a new Government Accountability Office report.
Eric Boehm | 10.13.2023 11:45 AM
Yellow Corporation To Close, Lay Off 30,000 Employees, and Likely Default on $700 Million Pandemic Aid Loan
The company blames much of its problems on the Teamsters trucking union's "intransigence," while the Teamsters say Yellow is delinquent on benefit payments.
Joe Lancaster | 8.7.2023 4:22 PM
Trucking Company on the Hook for $700 Million Federal Loan Files for Bankruptcy
Reason reported last month that with less than two years left on its loan, Yellow Corporation owed more than it originally borrowed and had repaid only $230 in principal.
Joe Lancaster | 7.28.2023 3:58 PM
Trucking Company, Careening Toward Bankruptcy, Could Default on $700 Million Federal Bailout Loan
After losing more than 100millioninasingleyear,YellowCorporationgota100 million in a single year, Yellow Corporation got a 100millioninasingleyear,YellowCorporationgota700 million pandemic assistance loan from the government. It has only paid $230 on the principal.
Joe Lancaster | 6.28.2023 12:55 PM
The Federal Reserve Was Supposed To Ease Economic Instability. Instead, It's Made It Worse.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Veronique de Rugy | 4.13.2023 3:00 PM
Nobel Prize–Winning Economist: Democrats Are Committed 'To Spending Other People's Money'
Vernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
Nick Gillespie and Justin Zuckerman | 3.29.2023 2:45 PM
Of Course, the Trump Indictment Is Political
Plus: A listener asks the editors if the nation is indeed unraveling or if she is just one of "The Olds" now.
Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman | 3.20.2023 5:06 PM
Blame the Government for the New Banking Crisis? Live With Lyn Alden, Arnold Kling and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion of the Silicon Valley Bank meltdown and bailout of depositors with economist Arnold Kling.
Zach Weissmueller | 3.15.2023 12:02 PM
Bailouts Should Not Be the Norm
During the pandemic, the U.S. mortgage market avoided collapse without any bailouts. Here's how.
Mark Calabria | 3.14.2023 8:00 AM
Yes, There Are Libertarians During Bank Runs
Plus: The editors recommend the best books for sparking interest in free market principles.
Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman | 3.13.2023 5:08 PM
How the Fed Broke Silicon Valley Bank
The Fed's anti-inflation measures had to hurt someone.
Joakim Book | 3.13.2023 11:00 AM
Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse
Plus: Fox News troubles, junk statistics about illicit economies, and more...
Elizabeth Nolan Brown | 3.13.2023 9:45 AM
America Needs a Better Kind of Capitalism
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Veronique de Rugy | 3.9.2023 3:30 PM
What the Southwest Meltdown Means for Airline Policy
Re-regulating the airline industry won’t help prevent massive service disruptions in the future.
Robert Poole | 12.30.2022 1:20 PM
Politicians Who Supported $54 Billion in Airline Bailouts Now Pose as Industry Critics
Political criticism of Southwest's mass flight cancelations mask a cronyist relationship between government and the passenger airline industry.
Christian Britschgi | 12.28.2022 5:05 PM
Great Moments in Unintended Consequences: Antwerp Siege, Hearth Taxes, Cash for Clunkers (Vol. 9)
Good intentions, bad results.
Austin Bragg and Meredith Bragg | 11.18.2022 11:33 AM
No, PPP Doesn't Justify Biden's Student Loan Bailout
The proper response to one failed bailout is not another bailout of a different group.
Eric Boehm | 8.26.2022 1:50 PM
The Disappearing Differences Between Republicans and Democrats on Federal Family Spending
Many conservatives no longer appear to care much for fiscal conservatism.
Veronique de Rugy | 8.11.2022 2:50 PM
After a $54 Billion Airline Bailout, Elizabeth Warren Thinks She Gets To Make the Rules
More airline workers and more flights—not bailouts and restrictions on mergers—is the better policy.
Veronique de Rugy | 8.4.2022 12:20 PM
Biden Celebrates $90 Billion Bailout of Private Union Pension Plans
Plus: Don't cry for the failure of Homeland Security's disinformation board, states discover supply-side solutions to labor shortages, and more...
Eric Boehm | 7.7.2022 9:30 AM
Federal COVID Aid to States and Localities Cost $855,000 Per Job Saved
A new paper reveals that the state and local bailout was not only unnecessary but incredibly wasteful.
Eric Boehm | 6.21.2022 4:00 PM
The American Rescue Plan Bailed Out Unprofitable Government-Owned Golf Courses
Perhaps the government shouldn't be running golf courses in the first place?
Eric Boehm | 6.3.2022 12:15 PM
Government Employees Got $872 Million in Bonuses Out of COVID Aid Cash
The federal bailout of state and local governments padded the paychecks of many public employees.
Eric Boehm | 6.2.2022 3:20 PM
The Restaurant Industry Doesn't Need Another Bailout
The Restaurant Revitalization Fund Replenishment Act would give restaurants another $42 billion in grants to cover the lingering costs of the pandemic.
Christian Britschgi | 4.18.2022 5:15 PM
Great Moments in Unintended Consequences: Driving Days, Boat Taxes, Ghost Flights (Vol. 6)
Good intentions, bad results
Austin Bragg and Meredith Bragg | 3.9.2022 10:30 AM
Congress Wants Taxpayers To Bail Out the Postal Service
The House passed the bill this week with little fanfare and broad bipartisan support.
Eric Boehm | 2.11.2022 9:45 AM
State Governments Didn't Need Coronavirus Bailouts. They Got Billions of Dollars Anyway.
As it turns out, state and local tax revenues hardly collapsed.
Veronique de Rugy | 8.12.2021 12:01 AM
Broadway Hit Hamilton Could Get Up to $50 Million Federal Bailout
It must be nice to have Washington's pile of taxpayer cash on your side.
Eric Boehm | 6.30.2021 4:30 PM
The $1.9 Trillion American Recovery Act Could Have Huge Implications for State Tax Policies
Six different states are already suing over a broad prohibition on tax cuts that was slipped into March's $1.9 trillion COVID relief bill.
Eric Boehm | 6.14.2021 3:50 PM
An $86 Billion Moral Hazard
Nestled in the $1.9 trillion emergency spending bill passed in March was a bailout for unions' private pension funds.
Eric Boehm | 5.27.2021 6:00 AM
States Should Choose Tax Cuts Over Federal Bailouts
Don't take the money.
Eric Boehm | 3.24.2021 12:30 PM
Biden's 'Rescue Plan' Will Sic the IRS on Anyone Who Earns $600 in the Gig Economy
What does this have to do with the pandemic? Nothing.
Eric Boehm | 3.12.2021 10:30 AM
Federal COVID-19 Bailout Prohibits States From Cutting Taxes
The measure could also make it illegal for states to create new tax credit programs, such as those used for expanding school choice.
Eric Boehm | 3.10.2021 4:35 PM
The 'COVID Relief Bill' Is Mostly an Expensive Bundle of Politically Motivated Giveaways
The Senate is preparing to pass a $1.9 trillion COVID-19 relief bill that has very little to do with the pandemic, and we all know it. Congress should admit as much.
Eric Boehm | 3.4.2021 2:00 PM
$75 Billion in Band-Aids Won't Cure Ailing Airlines
Airlines keep claiming they need a second bailout to bring back 35,000 furloughed employees. Don't buy their argument.
Veronique de Rugy | 12.8.2020 6:00 AM
The Head of D.C.'s Long-Troubled Metro System Says Another Federal Bailout Is Needed To Stave Off Apocalyptic Service Cuts
D.C.'s public transit agency has already received close to $1 billion in federal coronavirus relief funds.
Christian Britschgi | 12.1.2020 5:20 PM
$75 Billion in Band-Aids Won't Cure Ailing Airlines
The grants and loans Congress has approved for the airline industry aren't about saving jobs.
Veronique de Rugy | 10.8.2020 12:30 AM
As Airlines Begin Layoffs, Nancy Pelosi Promises Bailout
House Democrats are working to extend another round of emergency aid to airlines in a stand-alone bill after the passage of a larger coronavirus relief package stalled in the Senate.
Eric Boehm | 10.2.2020 4:40 PM
Federal Payments to Farmers Have Tripled Since 2017, and Trump Just Promised Even More
Trump's farm bailouts have cost taxpayers more than 28billionalready,andhejustannouncedanother28 billion already, and he just announced another 28billionalready,andhejustannouncedanother14 billion in payments as part of his reelection pitch to farm-heavy states.
Eric Boehm | 9.23.2020 11:15 AM
A Second Round of Airline Bailouts Would be Bad for the Industry and Consumers
Passenger airlines are demanding another $25 billion in taxpayer support to prevent mass layoffs.
Christian Britschgi | 9.18.2020 3:10 PM
Airlines Are Asking for a Second Bailout. Congress Should Say No.
The federal government has already made 32billionavailabletodistressedairlines.Theindustrywantsanother32 billion available to distressed airlines. The industry wants another 32billionavailabletodistressedairlines.Theindustrywantsanother25 billion.
Veronique de Rugy | 9.10.2020 12:01 AM
A Coronavirus Bailout Won't Save (or Fix) the USPS
The postal service stands to lose $13 billion this year. But this is an ongoing trend, not a new problem created by the coronavirus pandemic.
Eric Boehm | 8.17.2020 6:00 AM
State and Local Governments Need Some Tough Love From Uncle Sam
No more bailouts.
Veronique de Rugy | 8.6.2020 10:45 AM