Huffpost Politics

Fortune 500 Companies Receive $63 Billion In Subsidies

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President Barack Obama glances at the crowd as he walks off the stage after speaking at the National Organizing Summit in Washington, Tuesday, Feb. 25, 2014. (AP Photo/Manuel Balce Ceneta) | ASSOCIATED PRESS

Remember when President Obama was lambasted for saying “you didn’t build that”? Turns out he was right, at least when it comes to lots of stuff built by world’s wealthiest corporate behemoths. That’s the takeaway from a new study of 25,000 major taxpayer subsidy deals over the last two decades.

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