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
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

New CBO Report: Biofuels are a Failed Promise

June 27, 2014

New CBO Report: Biofuels are a Failed Promise Yesterday, the nonpartisan Congressional Budget Office (CBO) released a new report entitled “The Renewable Fuel Standard (RFS): Issues for... Read More

Our Take

White House Releases More Details on Pentagon Slushfund Account

June 26, 2014

White House Releases More Details on Pentagon Slushfund Account Today, after months of delay, the Administration put some flesh to the bones of its Overseas Contingency Operations (OCO) request for fiscal... Read More

Letters & Testimony

TCS urges support for Defense Appropriations amendments

June 19, 2014

TCS urges support for Defense Appropriations amendments TCS combed through the amendments drafted for consideration during the debate on H.R. 4870, the Department of Defense Appropriations bill for Fiscal Year 2015. ... Read More

Letters & Testimony

Joint Letter Supporting Elimination of Ethanol Blender Pump Funding

June 11, 2014

Joint Letter Supporting Elimination of Ethanol Blender Pump Funding TCS joined 33 other organizations supporting a House Agriculture Appropriations amendment to ensure no taxpayer dollars are spent on ethanol blender pumps.... Read More

More in-depth material from TCS in Cut Subsidies
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

Fact Sheets

Updated: Rural Energy for America Program Fact Sheet

June 20, 2014

Updated: Rural Energy for America Program Fact Sheet The Rural Energy for America Program (REAP) was created in the 2008 farm bill to provide federal grants and loans to renewable energy... Read More

Fact Sheets

Updated: Repowering Assistance Program Fact Sheet

June 20, 2014

Updated: Repowering Assistance Program  Fact Sheet The Repowering Assistance Program, administered by U.S. Department of Agriculture’s (USDA) Rural Development office, reimburses... Read More

Fact Sheets

Updated: Biomass Research and Development Initiative Fact Sheet

June 20, 2014

Updated: Biomass Research and Development Initiative Fact Sheet The Biomass Research and Development Initiative (BRDI) provides grants to companies, universities, and government research centers to... Read More

TCS appearances in the media in Cut Subsidies

Export-Import bank renewal debated

July 23, 2014 | Gannett News

WASHINGTON – More than 50 South Carolina companies used the U.S. Export-Import Bank in the last seven years to help finance their... Read More

No earmarks, but still plenty for lawmakers to take credit for

July 23, 2014 | Washington Post

Sen. Thad Cochran (R-Miss.) strongly defended his earmarking record while facing a far right primary challenger who attacked him as a big... Read More

Biodiesel firm: We earn our subsidies

July 07, 2014 | Telegraph Herald (Dubuque, IA)

FARLEY, Iowa - A national taxpayer watchdog group says biofuel producers like the one in Farley should no longer benefit from federal... Read More

GOP Eyes Conservation Credit Next for Permanent Tax Extenders

July 03, 2014 | Congressional Quarterly News

House Republicans, planning out their next steps on standalone tax breaks are looking to provide a sweetener to farmers and ranchers with a... Read More

DID ARKANSAS REP. TOM COTTON VOTE AGAINST DISASTER RELIEF FIVE TIMES?

July 03, 2014 | Politifact Tampa Bay Times

Democrats are attacking Rep. Tom Cotton, R-Ark., for his voting record on an important Tornado Alley issue. A television ad produced by... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

July 11, 2014

To-Dos for a Do-Nothing Congress

Like the high school senior who has procrastinated until the last week before finals, the historically... Read More