Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Eric Hovde’s Tobacco Road: Subsidies For Me, But Not For Thee
http://www.wisdems.org/news/press/view/2012-07--eric-hovdes-tobacco-road-subsidies-for-me-but-not-fNews is breaking that a company owned by multimillionaire Republican Senate candidate Eric Hovde was the recipient of thousands of dollars in federal government subsidies intended to benefit Wisconsin tobacco farmers.
Hovde, a hedge fund manager who spent the last two decades in Washington D.C., is running as a fiscal conservative, opposed to tax loopholes and government subsidies.
Online federal records indicate that between 2010-2012, Hovde’s real estate and development company was the recipient of $7,989 in federal subsidies under the Tobacco Transition Payment Program [1], a program Hovde previously stated was, “just another thing that I would try to kill." [2]
