Warren says six companies received $83 billion in federal tax breaks

Aug 31, 2026 01:32 (21d ago)

Elizabeth Warren criticized six companies for receiving federal tax breaks while Americans faced basic expenses.
Six companies received $83 billion in federal tax breaks last year, Warren said.
The Institute on Taxation and Economic Policy attributed more than 40% of 2025 tracked corporate tax breaks to them.

Sen. Elizabeth Warren (D-Mass) said six companies received $83 billion in federal tax breaks last year as millions of Americans struggled with grocery and doctor-visit costs. An Institute on Taxation and Economic Policy report said the companies represented more than 40% of corporate tax breaks tracked in 2025, exceeding the annual discretionary budget of the U.S. Department of Education. Warren also criticized corporate consolidation and urged regulators to block mega-mergers. She has cited UnitedHealth Group Inc. and CVS Health Corp. as examples of vertical integration (combining businesses at different supply-chain stages) and backed the bipartisan Patients Before Monopolies Act.