Exclusive: Red states funneled $148 billion in corporate welfare to entities targeting conservative communities

Some Republicans have mastered the art of the bad deal, suggests a new State Leadership Initiative report exclusively given to Blaze News.

State Leadership Initiative’s new “Corporate Welfare” report suggests that corporate subsidies inadvertently fund “cultural and economic campaigns designed to destroy conservative communities.” Republican-run states have spent at least $148 billion on corporate subsidies since 2015, according to Good Jobs First.

‘Red states are writing the biggest checks to their biggest enemies.’

“Many of the largest subsidy recipients actively undermine the communities and industries that subsidize them — through ESG mandates, replacement of domestic labor with H-1B workers, DEI regimes, supply-chain favoritism toward China, and open hostility,” according to the report.

Some of those subsidies are going to banks and asset management firms. These firms employ