Taxpayers subsidize the nuclear power industry by guaranteeing repayment of billions of dollars in loans necessary to construct nuclear power plants.
Liabilities for private industries can be an especially dangerous form of subsidy, because the total cost to taxpayers is not necessarily reflected in the initial price tag. Huge, profitable companies like oil and gas companies do not need taxpayer subsidies, nor should Congress selectively prop up failing private companies by assuming their liabilities.
Explore the Avoid Unnecessary Liabilities Program
February 5, 2013
CONTACTS:
Steve Ellis, 202-546-8500 ext... 
TCS awarded the Golden Fleece to USDA's Risk Management Agency for wasting taxpayer funds... 
Taxpayers for Common Sense sent a letter to Speaker Boehner to oppose $1 trillion worth of bad agriculture policy.... 
The House Committee on Rules decided yesterday to sideline an amendment offered by Representative Tom McClintock (R-CA) to stop all new loan... 
The Department of Energy (DOE) loan guarantee program carries extremely high taxpayer risk, potentially jeopardizing billions of taxpayer dollars if energy project loans default.... 
Taxpayers for Common Sense awarded the Golden Fleece to the U.S. Department of Agriculture’s Risk Management Agency for wasting taxpayer funds on risk management education for crops ranging from Christmas trees to turf grass.... 
With fiscal cliff looming, TCS calls for end to government handouts for failed oil shale experiments.... 
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