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December 5, 2016

Deals like Carrier's often fall short of hype

  • Similar jobs-for-subsidies deals are struck nearly every day around the country by governors, mayors and other officials.
    • By DAVID A. LIEB
    Associated Press

    JEFFERSON CITY, Mo. — When President-elect Donald Trump announced a deal to save hundreds of jobs at a Carrier plant in Indiana, it came with a cost to state taxpayers of about $7 million in tax breaks and grants.

    Similar jobs-for-subsidies deals are struck nearly every day around the country by governors, mayors and other officials. But it's debatable whether the economic impact ultimately lives up to the political hype.


     
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