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The Buffalo Bills’ stadium subsidy is a surrender to the unions

It’s bad enough that the budget agreement announced Thursday night by New York Gov. Kathy Hochul will channel more than $1 billion of the public’s money into a new stadium for the Buffalo Bills, a multibillion-dollar soccer franchise based in the United States most profitable sports in the world league. But Ms. Hochul has attached strings to the deal that push up construction costs by about 20% and ensure a large chunk of the subsidy goes to waste. That contradicts her claim that she was trying to negotiate the “best deal for taxpayers.”

Ms. Hochul is the first governor of New York to be from Buffalo since Grover Cleveland. Her husband is general counsel of Delaware North, the principal concessionaire at Highmark Stadium, the Bills’ current home in the suburb of Orchard Park. The new 60,000-seat facility is to be built on the site of an existing stadium car park nearby. Ms Hochul says it’s a good deal for local residents who are rightly suspicious. Even economists agree that the taxpayers are almost always the losers when it comes to publicly financed stadium projects, which primarily enrich owners.

https://www.wsj.com/articles/buffalo-bills-stadium-subsidy-hand-off-to-unions-afl-cio-kathy-hochul-prevailing-wage-government-waste-tax-11649424740 The Buffalo Bills’ stadium subsidy is a surrender to the unions

Ethan Gach

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