Sunday, November 30, 2025

Subsidies

While Medicaid and public assistance programs get most of the publicity when it comes to government subsidies, other areas also receive benefits. $ 100 billion for transportation. $ 67 billion on housing assistance. $ 32 billion for the home mortgage interest deduction. $30 billion for the energy industry, $ 23 billion on CHIP, $ 9 billion in farm subsidies and one billion for oil depletion. Another $39 billion in subsidies were part of the Chips Act mostly for chip development. Of course, these are all dwarfed by the $900 billion spent on Medicaid. Seems many groups are benefiting from subsidies.

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