How Chevron Plans to Spend $12 Million in Taxpayer Money (Texas Observer)

by Forrest Wilder In June, Gov. Rick Perry, Lt. Gov. David Dewhurst and Speaker of the House Joe Straus announced that Chevron—one of the world’s largest and most profitable corporations—would be handed a $12 million grant from the state of Texas for building an office tower in downtown Houston. As we wrote at the time, the Chevron subsidy was a perfect example of the problems with the Texas Enterprise Fund and forced the question of whether the company would’ve created the estimated 1,752 jobs anyway. Click here to continue reading.

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