All the latest content from TCS
Press Releases

Budget Watchdog Documents Low Federal Effective Tax Rates for Large Oil and Gas Companies

July 31, 2014

Effective Tax Rates of Oil and Gas Companies: Cashing in on Special Treatment report finds variety of special tax provisions allows companies to defer billions in taxes... Read More

Our Take

DKRW Again Seeking a Loan Guarantee as a Last Resort

July 18, 2014

DKRW Again Seeking a Loan Guarantee as a Last Resort Recently, executives from DKRW Advanced Fuels have said they plan on visiting officials at the Department of Energy (DOE) in the near future... Read More

Our Take

Senate Appropriations Committee Approves Nearly $550 Billion Spending Bill

July 18, 2014

Senate Appropriations Committee Approves Nearly $550 Billion Spending Bill This week the Senate Appropriations Committee took up the Pentagon spending bill for fiscal year (FY) 2015. When all was said and done, the... Read More

Letters & Testimony

Letter to Senate Appropriations Committee: Reject more funding for F-35

July 17, 2014

This week the Senate Appropriations Committee began its consideration of H.R. 4870, the appropriations bill for the Department of Defense... Read More

Our Take

Government Report: Further Delays May Be In Store for Vogtle Project

July 16, 2014

Government Report: Further Delays May Be In Store for Vogtle Project The project to build two nuclear reactors for the Georgia-based Plant Vogtle, owned by Georgia Power and its partners, faces many challenges... Read More

Our Take

Energy and Water Bill Passes House

July 16, 2014

Energy and Water Bill Passes House On Thursday, the House approved a $34 billion energy and water spending bill, providing funding for projects ranging from water development... Read More

Our Take

USEC Bankruptcy Filing Approved: Company to Proceed With Debt Restructuring Plan

July 14, 2014

USEC Bankruptcy Filing Approved: Company to Proceed With Debt Restructuring Plan Over the past two weeks, the value of the United States Enrichment Corporation’s (USEC) stock has fluctuated significantly, rising from... Read More

Letters & Testimony

Cut Back Needless Fossil Subsidies in Energy and Water Bill

July 10, 2014

Cut Back Needless Fossil Subsidies in Energy and Water Bill The Green Scissors coalition urges support for the amendment offered by Rep. Jackie Speier to reduce the Fossil R&D account to FY 2014 levels.... Read More

Letters & Testimony

Support common sense amendments to the Energy and Water Appropriations bill

July 09, 2014

Support common sense amendments to the Energy and Water Appropriations bill Taxpayers for Common Sense recommends an “aye” vote on the following amendments.... Read More

Our Take

TCS Analysis of President’s Supplemental Budget Request

July 08, 2014

TCS Analysis of President’s Supplemental Budget Request Today the Administration submitted to the Congress an emergency supplemental request for $4.3 billion. Here's our ongoing analysis.... Read More

TCS appearances in the media

U.S. Energy Firms Rewarded With Tax Deferrals

August 01, 2014 | Wall Street Journal

The U.S. energy boom is producing a little-noticed side effect: American oil and gas companies are paying less in federal income... Read More

Energy Journal: Driller Tax Breaks Support Big Spenders

August 01, 2014 | Wall Street Journal

SPEND NOW, PAY LATER Oil and gas drillers are paying less tax as the shale boom continues, writes The Wall Street Journal’s Daniel... Read More

U.S. Export-Import Bank at heart of debate over federal role

July 31, 2014 | World-Herald Bureau

WASHINGTON — Shipping millions of dollars worth of popcorn to an overseas buyer is a risky proposition. Nebraska-based Preferred Popcorn... Read More

More in-depth material from TCS
Reports & Data

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment

July 30, 2014

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment From 2009 through 2013, large U.S.-based oil and gas companies paid far less in federal income taxes than the statutory rate of 35 percent.... Read More

Fact Sheets

$58 billion “Emergency” Overseas Operations Spending equals 5th Largest Federal Agency

June 30, 2014

$58 billion “Emergency” Overseas Operations Spending equals 5th Largest Federal Agency At Taxpayers for Common Sense, we don’t advocate cutting federal spending in one department or agency and moving it to another. But... Read More

Fact Sheets

Updated: Bioenergy Program for Advanced Biofuels Fact Sheet

June 20, 2014

Updated: Bioenergy Program for Advanced Biofuels Fact Sheet Established by an Executive Order in 1999, the Bioenergy Program for Advanced Biofuels (BPAB) is intended to pay advanced biofuels producers... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

August 01, 2014

Drilling for Tax Gold

Congress, especially this Congress, can make even simple tasks look difficult, but by all accounts reforming... Read More

Quote of the Week:
"At least for tomorrow the bills will be paid, the projects will continue. For the moment, I guess it's a sigh of relief. But we know come next spring, we'll be at the precipice again."

Richard A. Davey, Massachusetts state transportation secretary referring to the passage of legislation to temporarily fund the near bankrupt Highway Trust Fund