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Welfare for Wal-Mart

By Judd Legum on March 25, 2005 at 2:00 pm

"Welfare for Wal-Mart"

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The U.S. House of Representatives wants to cut Medicaid funding — the government program that provides health care to the neediest Americans — by $15 billion.

There are plenty of funds available, however, to provide subsidies to Wal-Mart — a company that raked in $288 billion in sales last year.

Just out from the Associated Press:

The U.S. House has approved a federal highway bill that includes $37 million for widening and extending the Bentonville street that provides the main access to the headquarters of Wal-Mart Stores

The company says it asked U.S. Rep. John Boozman, R-Ark., to help get federal money for the project. U.S. Rep. Don Young, R-Alaska, added an amendment that put the work into the $284 billion bill, now before the Senate.

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