A story in the Mountain State Spotlight behind a rushed $1.7 billion subsidy given to a steel company reveals that the economic impact report used as justification for the subsidy included a number of questionable assumptions, including that all the workers would be West Virginia residents (despite the package having no local hiring requirements and the project's proximity to Ohio and Kentucky), and workers earning an average wage of $700,000. Investigative reporter Douglas Soule has the analysis.
Good Jobs First Subsidy News
A new report by the a consumer watchdog Public Citizen analyzed data from Good Jobs First's database on corporate misconduct - Violation Tracker - and found that 111 known U.S. Chamber member corporations have violated state and federal law at least 15,895 times. Since 2000, the group has racked up penalties of over $154 billion since 2000.