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

Support Common Sense Amendments to Rein in Trillion Dollar House Farm Bill

June 19, 2013

Support Common Sense Amendments to Rein in Trillion Dollar House Farm Bill Today, TCS sent a letter urging the House to support common sense amendments to rein in the trillion dollar farm bill. ... Read More

Letters & Testimony

Fiscal Conservative Organizations Outraged at Farm Bill Process

June 19, 2013

Fiscal Conservative Organizations Outraged at Farm Bill Process Today, TCS joined other fiscal conservative organizations expressing outrage at the farm bill process. ... Read More

Letters & Testimony

Letter to House Rules Committee: Allow Open Debate on Farm Bill

June 18, 2013

Letter to House Rules Committee: Allow Open Debate on Farm Bill Today, TCS urged the House Rules Committee to allow a full and open debate on the farm bill.... Read More

Letters & Testimony

Reject House Farm Bill: Costs 60% More Than Last Bill

June 17, 2013

Reject House Farm Bill: Costs 60% More Than Last Bill Today, TCS sent a letter to the House opposing the trillion dollar farm bill, HR 1947.... Read More

Our Take

It’s Gonna be a Long Summer!

June 12, 2013

It’s Gonna be a Long Summer! Yesterday was yet another low for Congress. The Senate passed a Farm Bill without any real effort to trim the bloat and waste. ... Read More

Statements

TCS Statement on Passage of 2013 Senate Farm Bill

June 10, 2013

TCS Statement on Passage of 2013 Senate Farm Bill Statement of Ms. Ryan Alexander, president of Taxpayers for Common Sense, on passage of the 2013 Senate farm bill. ... Read More

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

Income Guarantee for Agribusinesses: Supplemental Coverage Option (SCO) Shallow Loss Program

June 10, 2013

Income Guarantee for Agribusinesses: Supplemental Coverage Option (SCO) Shallow Loss Program “Shallow loss” programs are a luxury that would be the envy of any other industry. They are market- and trade-distorting entitlement... Read More

Fact Sheet

Political Contributions & Conflicts of Interest Taint U.S. Ag Policies

May 22, 2013

Political Contributions & Conflicts of Interest Taint U.S. Ag Policies Despite our nation’s $16.8 trillion debt and record deficits, agricultural lobbyists continue to fearlessly campaign for more subsidies... Read More

Fact Sheet

Biomass Crop Assistance Program Fact Sheet

May 02, 2013

Biomass Crop Assistance Program Fact Sheet The Biomass Crop Assistance Program (BCAP), a new program added to the energy title in the 2008 farm bill, was intended to spur development... Read More

Fact Sheet

U.S. Department of Agriculture’s Market Access Program

May 01, 2013

U.S. Department of Agriculture’s Market Access Program Many examples of corporate welfare can be found in the federal budget, but few are as wasteful as the U.S. Department of Agriculture’s... Read More

TCS appearances in the media in Cut Subsidies

Opposition to House Farm Bill Spans Political Spectrum

June 18, 2013 | The New York Times

As the House prepares to vote this week on a new five-year farm bill, advocacy groups from across the political spectrum are lining up to... Read More

Farm bill cuts judged both too much, not enough

June 17, 2013 | The Washington Times

A year after they failed to pass a farm bill and suffered for it in several big congressional races, House Republicans think they’ve finally... Read More

Sushi Aid in $1 Trillion Agriculture Bill Angers Watchdogs

June 17, 2013 | Bloomberg Businessweek

Tucked deep in the 1,198-page U.S. House agriculture policy legislation is an initiative to guarantee prices for sushi rice. So too is... Read More

Nuclear Power, Part 2: Nukenomics

June 14, 2013 | Tech News World

Can the nuclear industry stand on its own two feet financially? It all depends on whom you ask. "There are plenty of cost estimates out... Read More

Boehner decides to support farm bill

June 13, 2013 | POLITICO

Speaker of the House John Boehner on Wednesday pledged his support for the farm bill scheduled to come to the House floor next week — a... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

June 07, 2013

Flood Insurance Fiasco

Volume XVIII No. 23: You can’t get something for nothing. Congress often forgets that. We saw it this week... Read More