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corporate welfare 

A right wing government's blatent way of squandering hard earned tax payer's money by freely giving it to the big corporations they worship so much
Usually we would do this by hiring diggers at ridiculous prices from plant hire firms to fix up the roads, but since all the roads are fixed now and we have no excuse to give the plant hire firm more money we will just put it into corporate welfare
corporate welfare by towel401 September 18, 2004
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corporate welfare 

Use of the public treasury by government to fund private for profit enterprise.
Federal or state funding of medical research, such as that involving stem cells, which ultimately benefits new product development for profitable multinational pharmaceutical corporations.