The most recent report (reflecting up until March 31) under the $32 million grant shows that Smith delivered 421 of its vehicles, with $27,343,311 reimbursed to the company with government funds thus far. That calculates to a whopping $64,948 taxpayer subsidy per vehicle.
(SEE UPDATE BELOW) This afternoon, the Senate will vote on an amendment to the Economic Development Reauthorization Act (S. 782) sponsored by Senators Tom Coburn (R-OK) and Diane Feinstein (D-CA)[...]
As someone tasked with keeping up on research in two arenas — education policy and tech policy — my job always get a lot easier when the issues merge. Sometimes,[...]