January 22, 2014 | Volume 101 / Number 4

Corporate Welfare

It Costs You, Fellow Americans, Billions A Year

What do companies like Archer Daniels Midland, lumber giant Boise Cascade, major pharmaceuticals like Pfizer and Eli Lily, John Hancock Mutual Life Insurance, Monsanto, ConAgra, Caterpillar, and R.J. Reynolds have in common, you ask? Well, here’s what.

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They are all in the corporate welfare feeding trough chewing up billions of taxpayer dollars with little or no transparency.

Being as Archer Daniels Midland, also known as ADM Super Market to the World, is one of the big hogs at the trough, I’ll focus on them first. The following comes from an analysis from the Cato Institute, a think ta...

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