Cut Subsidies

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

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.

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All the latest content from TCS in Cut Subsidies
Our Take

Inspector General Calls on DOE to Cut Clean Coal Funding

May 02, 2016

Inspector General Calls on DOE to Cut Clean Coal Funding On Friday, the Office of Inspector General at the Department of Energy (DOE) released an unusually urgent report underscoring a number of... Read More

Our Take

New GAO Report on Tongass Timber Management

April 28, 2016

New GAO Report on Tongass Timber Management The USFS reports that its Tongass timber program cost taxpayers $11.4 million/year from 2005 and 2014 – a total of $114 million.... Read More

Letters & Testimony

Coalition Letter to Support Reform for Miscellaneous Tariff Bills

April 14, 2016

Coalition Letter to Support Reform for Miscellaneous Tariff Bills On Thursday, Taxpayers for Common Sense and nine other groups sent a letter to Rep. Kevin Brady (R-TX), Chairman of the House Ways and Means... Read More

Statements

TCS Statement: Peabody Declares Bankruptcy, Taxpayers On The Hook

April 13, 2016

TCS Statement: Peabody Declares Bankruptcy, Taxpayers On The Hook Today, the largest U.S. coal producer, Peabody Energy, which currently holds $1.4 billion in self-bonded clean-up or reclamation... Read More

Our Take

Forest Service Budget Proposal Under Fire from Lawmakers

March 24, 2016

Forest Service Budget Proposal Under Fire from Lawmakers Forest Service Chief Tom Tidwell discussed the FS budget proposal and how it could affect taxpayers with lawmakers at hearings over the last few weeks.... Read More

Our Take

Lawmakers Question Interior’s FY17 Budget

March 23, 2016

Lawmakers Question Interior’s FY17 Budget Interior Secretary Jewell recently testified at hearings on the Dept. of Interior's FY17 budget request.... Read More

More in-depth material from TCS in Cut Subsidies
Fact Sheets

Fact Sheet: Agricultural Shallow Loss Programs Digging Deeper

April 07, 2016

Updated Farm Program baseline numbers from the Congressional Budget Office (CBO) confirm taxpayers are unlikely to harvest the $16.6 billion... Read More

Fact Sheets

Coal Bonding: Time to Revisit Self-Bonding Requirements

November 09, 2015

For centuries, coal producers in the U.S. regularly abandoned their mines when on-site operations ended, leaving tens of thousands of... Read More

Reports & Data

Report: Understanding Federal Subsidies for the Biofuels & Biomass Industries

September 09, 2015

This report examines the subsidies the ethanol industry has received over the last three decades on all steps of the supply chain, and how biofuel and biomass subsidies have allowed the federal government to pick winners and losers, distort energy and agriculture markets, and contribute to expansion and overproduction of certain types of bioenergy.... Read More

101

Shallow Loss Agriculture Programs 101

August 06, 2015

What are “shallow loss” agriculture programs?... Read More

TCS appearances in the media in Cut Subsidies

Tariff Turmoil

April 27, 2016 | Politico

POLITICO Influence on April 27 included the following section.... Read More

Protectionism Masquerading as Patriotism

April 27, 2016 | U.S. News & World Report

Since the 1990s the U.S. Navy has been required to purchase a very specific type of chain only from U.S. manufacturers. This requirement has... Read More

Lobby Groups to House: We’ll Remember Tariff Vote

April 26, 2016 | The Hill

Two business groups are pressing lawmakers to support a measure on the House floor that would streamline the application process for tariff... Read More

Viewpoint: Reform Flood Insurance

April 25, 2016 | Orlando Sentinel

The federal government's flood-insurance system is swimming in more than $23 billion of debt, and while some Florida lawmakers have proposed... Read More

Clean Coal’s Big Cost

April 22, 2016 | U.S. News & World Report

Despite the general paralysis in Congress this exceptionally polarized election year, lawmakers have been making efforts to provide more... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

May 06, 2016

Insurance Waste, Resurrected

Never underestimate a politician’s ability to resurrect a bad idea, even if it has been cast aside several... Read More

TCS Celebrates 20th Anniversary

Biofuels

U.S. Coal to Germany