state subsidies
Coverage of state subsidies in the Nexus archive.
- The Arsenal and the Statehouse: New Defense Firms, Venture Capital and State Industrial Policy
Anduril announced a $910 million drone production facility in Ohio, illustrating how new defense firms utilize venture financing and state economic development subsidies. This trend has given states a political stake in federal defense procurement, as evidenced by Anduril siting Arsenal-1 near Columbus partially due to state subsidies.
- Hawaii’s Childcare Shortage Is One of the Nation’s Worst
Hawaii has the nation’s worst childcare shortage, with 96% of children living in childcare deserts—communities where three kids compete for one licensed seat. State subsidies for preschool are delayed, and educator shortages have reduced capacity, with private childcare seats declining by 950 since 2022.
- EU, China bet on talks to avoid trade war
The EU and China agreed to address trade tensions through dialogue, acknowledging unsustainable trade imbalances and China's export controls. EU trade commissioner Maros Sefcovic and Chinese Commerce Minister Wang Wentao emphasized monitoring trade flows and avoiding conflict, with a follow-up meeting planned in October.