Subsidies such as preferential tax treatment have been especially prone to lax oversight and underestimating the true cost to taxpayers. Loan guarantees, price guarantees, and disaster insurance are also examples of federal subsidies to private industries. Federal subsidies need to be accurately measured and routinely assessed to ensure that taxpayers receive a fair return on their investment. Profitable, well-established industries should not receive taxpayer subsidies in any form.Explore the Cut Subsidies Program
Reports & Data | Budget & Tax
Letters & Testimony | Energy
Transportation & Infrastructure
Budget & Tax
The federal government subsidizes economic activities in different ways, including direct spending and tax cuts. Every year these subsidies cost taxpayers billions of dollars, yet the government often fails to monitor them for their effectiveness or necessity. ...More
September 08, 2014
August 28, 2014
August 06, 2014
July 10, 2014
July 09, 2014
June 27, 2014
The nonpartisan Congressional Budget Office (CBO) released a new report entitled “The Renewable Fuel Standard (RFS): Issues for 2014 and Beyond” confirming what TCS has said for years – that the RFS and corn ethanol are doing more harm than good....
August 28, 2014
August 12, 2014
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. ...
July 30, 2014
June 20, 2014
Established by an Executive Order in 1999, the Bioenergy Program for Advanced Biofuels (BPAB) is intended to pay advanced biofuels producers to expand their production levels. Other than corn starch ethanol, nearly every other type of biofuel is eligible for the program, including ethanol, biogas, butanol, or biodiesel derived from cellulose (like perennial grasses or agricultural residues), sugar or starches, waste materials, sugarcane, or woody biomass. ...
September 12, 2014 | U.S. News & World Report
September 04, 2014 | The New York Times
August 20, 2014 | U.S. News & World Report
August 06, 2014 | Washington Post
August 06, 2014 | Christian Science Monitor