All the latest content from TCS
Letters & Testimony

TCS Letter to Senate Finance Committee Urging Reform of Energy Tax Provisions

September 17, 2014

TCS Letter to Senate Finance Committee Urging Reform of Energy Tax Provisions On Tuesday, TCS sent a letter to the Senate Finance Committee ahead of their hearing on energy provisions in the tax code.... Read More

Our Take

New GAO Report Recommends Cut in Crop Insurance Subsidies

September 08, 2014

New GAO Report Recommends Cut in Crop Insurance Subsidies Today, the Government Accountability Office (GAO) released a new report providing more evidence that reducing federal crop insurance premium... Read More

Our Take

New Loan Guarantee Solicitation for Renewable Energy and Energy Efficiency Projects Issued

August 28, 2014

New Loan Guarantee Solicitation for Renewable Energy and Energy Efficiency Projects Issued On July 3, the Department of Energy (DOE) issued a new, expanded $4 billion solicitation for both renewable energy and energy efficient... Read More

Our Take

GAO Report: Renewable Fuel Standard Costs Outweigh Benefits

August 12, 2014

GAO Report: Renewable Fuel Standard Costs Outweigh Benefits A new Government Accountability Office (GAO) report reviewed seven Environmental Protection Agency (EPA) Regulatory Impact Analyses (RIAs) and found... Read More

Our Take

Senate Energy and Water Spending Bill Held in Committee

August 06, 2014

Senate Energy and Water Spending Bill Held in Committee In June, the Senate Appropriations Committee scheduled a markup of the chamber’s FY2015 Energy and Water Appropriations bill only to pull it... Read More

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

TCS appearances in the media

Numbers Back Up Obama Deficit Claim

September 12, 2014 | PolitiFact.com

In 2012, PolitiFact twice rated True claims that President Barack Obama failed to keep a promise to cut federal deficits in half by the end... Read More

Congress Should Let the Wasteful Export-Import Bank Expire

September 12, 2014 | U.S. News & World Report

One fight that is sure to get a lot of attention in the run-up to the midterm elections is the renewal of the Export-Import Bank, known as... Read More

The case against ‘nonprofits 1 and 2’ in Fattah probe

September 09, 2014 | Philadelphia Enquirer

WASHINGTON - Their missions were admirable: Boost education programs for Philadelphia schoolchildren and provide college scholarships. But... Read More

More in-depth material from TCS

TCS Comments to USDA on New Income Entitlement Programs

August 28, 2014

TCS Comments to USDA on New Income Entitlement Programs TCS sent official comments to the U.S. Department of Agriculture about new crop insurance provisions and shallow loss entitlement programs in the 2014 farm bill. ... Read More

Fact Sheets

Shallow Loss Programs May Surpass Cost of Old Subsidy Schemes

August 12, 2014

Shallow Loss Programs May Surpass Cost of Old Subsidy Schemes The 2014 farm bill created new income entitlement programs for agribusinesses, referred to as “shallow loss” subsidies. The three programs - Agriculture Risk Coverage (ARC), Supplemental Coverage Option (SCO), and Stacked Income Protection Plan (STAX) – are intended to kick in when revenue drops as little as ten percent from a predetermined level. ... Read More

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

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

September 12, 2014

Loco for OCO

Volume XVI No.37: September 12, 2014 For sheer chutzpah, it’s hard to beat the reprogramming request the... Read More

Quote of the Week:
"I think [inversions are] very symbolic. Not just symbolic in that you lose revenue. It’s actually economically meaningful. It’s another example of how companies spend their time thinking about how to minimize taxes and make decisions on that basis rather than how to maximize efficiency and make better products."