It's pretty basic economics that negative externalities belong in the price, and therefore are a subsidy.
On the recordApril 25, 2023
Source
congress.govEditor's note · Context
Whitehouse emphasizes the economic principle of including negative externalities in pricing.
Share & report
More from Sheldon Whitehouse
May 27, 2025
We write to ask whether Treasury has conducted any analyses on the effect cutting up to 40% of the IRS workforce will have on revenue collection, customer service, modernization efforts, and the share of audits comprised of corporations…
Jul 2, 2025
cooked up in back rooms, cloaked in fake numbers (that) loots our country (for) the least deserving people you could imagine feels (like) a crime scene.
Jul 11, 2025
Once this comes home to roost in people’s homes, in their family finances, in really harmful ways, that [will be] motivating in a way that we haven’t seen before around this issue.





