You can Google it. I think this year is the last of the middle class tax cuts. The only ones trump by design made permanent was the ones for the wealthy. Never mind the fact and you can fact check this that the one move that could have prevented the mist the American empire from collapsing due to our debt levels, is preventing the Reagan, Bush, and trump tax cuts. Borrow money from our kids to give to the wealthy? What could possibly go wrong?
Democratic-controlled Congresses that passed major bailout/subsidy legislation for private industry:
• 73rd Congress (1933–1935) – Emergency Banking Act
Stabilized and recapitalized private banks during the Great Depression.
• 96th Congress (1979–1981) – Chrysler Loan Guarantee Act
$1.5 billion federal loan guarantees to bail out Chrysler.
• 110th Congress (2007–2009) – Housing and Economic Recovery Act
Stabilized mortgage lenders and reinforced Fannie Mae / Freddie Mac.
• 111th Congress (2009–2011) – American Recovery and Reinvestment Act (ARRA)
~$800+ billion stimulus with major funding flowing to private businesses, energy companies, infrastructure contractors, and state-connected industries.
• 111th Congress (2009–2011) – Auto industry rescue funding continuation
GM and Chrysler restructuring financed and overseen under Democratic majorities.
• 117th Congress (2021–2023) – American Rescue Plan Act
Massive business relief, PPP expansions, industry-specific subsidies, and sector stabilization funds.
• 117th Congress (2021–2023) – CHIPS and Science Act
~$52 billion in semiconductor subsidies to private tech manufacturers.
• 117th Congress (2021–2023) – Inflation Reduction Act
Hundreds of billions in energy and manufacturing tax credits and corporate incentives.
If the argument is “only Republicans subsidize private industry,” history doesn’t cooperate with that narrative.