Don’t Use Taxpayer Dollars To Buy Private Companies

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March 31, 2020 11:26 am

ALEC Action is strongly opposed to provisions in the recently signed $2 trillion economic aid package that give the United States government part ownership in airline companies. Private sector options must be exhausted before any government involvement is considered, and a government loan to airline carriers would have been far less damaging than the federal grants in the signed proposal. The federal government should never spend taxpayer dollars to acquire ownership in private companies. The structure of government assistance should not require governmental ownership of private companies, nor should it impose regulations that interfere with a company’s ability to conduct business and pay back taxpayer dollars.