U.S. Is Generous to Boeing for Loan Guarantees, Subsidies | Aviation International News

Regulations and Government

U.S. Is Generous to Boeing for Loan Guarantees, Subsidies

Boeing leads other large U.S. corporations in receiving subsidies from federal, state and local governments.

Shown is Boeing's 787 line in Everett, Wash., a state that gave the company an $8.7 billion incentive package in 2013. (Photo: Bill Carey)

March 24, 2015

Boeing is “exceptionally favored by Uncle Sam” when it comes to U.S. government contract awards, grants and loan guarantees, according to a new report by Good Jobs First, which pushes for greater accountability in the use of government funding for industry. The aerospace and defense manufacturer also leads other large corporations in the combined receipt of federal grants and tax credits, federal loans and loan guarantees and state and local subsidies.

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