In Interview With Charles Koch, Fox's Megyn Kelly Promotes Myth That Koch Opposes All Government Subsidies
FACT: Koch Industries Lobbied To Keep Oil Industry Subsidies
Video ››› ››› MEDIA MATTERS STAFF
From the October 15 edition of Fox News' The Kelly File:
Loading the player reg...
MEGYN KELLY: When companies aren't successful, Koch says Uncle Sam should stay out of it, dismissing government subsidies, loans and tariffs as quote, "corporate welfare."
CHARLES KOCH: Well, corporate welfare, I think, is a disaster for this country. It's crippling our economy. It's contributing to a permanent underclass and corrupting the business community.
KELLY: Critics say what the Kochs really oppose is government assistance that could hurt Koch's bottom line, a charge Koch denies.
KOCH: We oppose all corporate welfare, whether we benefit or not. You will find that our policy positions mainly hurt our profitability rather than help it.