Corporate Welfare
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Scott Bessent Sidesteps $134 Billion Tariff Refund Question, Calls Corporate Lawsuits 'Ultimate Corporate Welfare' - FedEx (NYSE:FDX)
Benzinga· 2026-02-25 09:13
Treasury Secretary Scott Bessent refused to commit to issuing $134 billion in potential tariff refunds during a post-State of the Union interview, instead framing corporate demands for repayment as a form of government handout.The Refund Standoff“We will follow the ruling of the lower court,” Bessent stated, emphasizing a 42-day waiting period before further action. However, he quickly pivoted to a populist defense of the administration's refusal to pay, suggesting that returning the funds would not benefit ...
X @Nick Szabo
Nick Szabo· 2025-11-06 02:56
RT Nick Szabo (@NickSzabo4)@MCCCANM Why don't airlines pony up the miniscule fraction of their earnings it would take to continue to fully fund air traffic control etc.? Has corporate welfare become such a religious belief with them that they so adamantly refuse to pay for these services? This is so stupid. ...