A grant by a government to a private person or company to assist an enterprise deemed advantageous to the public.
Money that is paid usually by a government to keep the price of a product or service low or to help a business or organization to continue to function.
These are some of the types of subsidies categories: Indirect, Labor, Housing, Infrastructure, Trade Protection, Export, Procurement and Consumption. Under each one of these are the actual subsidies paid to individual or companies. How many there are, I have had trouble even getting a list of them or the actual amount the United States spends every year for these.
There are some subsidies that have been going on since the 60's. I doubt anyone in Congress even has any idea of how much or to whom are receiving these. Lobbyist, who represent the many recipients, lobby Congress to keep this particular subsidy and/or raise its dollar amount and from what I can gather, Congress usually goes along with their suggestions without hardly questioning them. Another problem is that so many subsidies get carried on from one year to the next without even being considered if it is needed or not.
One example of subsidies in the United States is the oil companies. There is not a need to give money to a companies that make hundreds of millions every year, yet we keep doing it year after year without question.
The people and businesses of The United States are not the only recipients of these subsidies but many countries, even third world countries. The reason given for some of these I researched was just beyond comprehension.
As a foot note, there are approximately 10,000 Lobbyists to Congress.
Resend all subsidies immediately, except to Israel who is our only real friend.