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 | Natural Resources
Green Scissors 2012
Details nearly $700 billion in potential savings from ending wasteful and environmentally harmful subsidies....

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Energy
Report shows billions risked on oil shale speculation
Over the last century, billions of dollars in taxpayer-funded subsidies have been risked on failed oil shale experiments...

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Reports & Data | Energy
Coal Subsidies Database
This database is an ongoing project to identify specific recipients of federally-backed subsidies provided to coal-fired power plants that use applicable clean coal technologies ...

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
Big Oil, Big Profits: Industry Tops $120 Billion in 2012
February 05, 2013
As annual financial reports come in, it’s clear the oil and gas industry is looking to continue its decade long trend of being one of the...
Even More Options for Cutting Crop Insurance Costs
February 05, 2013
Defenders of agricultural subsidies at all costs are starting to feel the heat.
Yesterday, professors from Ohio State University,...
TCS Moderates Congressional Briefings on Reforming the Renewable Fuel Standard
February 05, 2013
Big Oil Boasts High Profits; Subsidies Continue
February 01, 2013
Oil and gas companies continue to boast substantial profits while reaping billions in taxpayer-backed subsidies. As of February 1st, four...
It’s Official: 2012 Drought Cost Taxpayers a Record $14 Billion
January 16, 2013
This week, the U.S. Department of Agriculture (USDA) confirmed what taxpayers have feared for months. After tallying losses from last year’s...
Farm Bill Extension Better Than Trillion-Dollar Bill
January 03, 2013
As we predicted, all the hype about the “dairy cliff” hitting consumers with sky-high milk prices was nothing but a hoax....
Taxpayer Risks with the Loan Guarantee Program
April 07, 2011 > Updated: August 28, 2012
The Department of Energy (DOE) loan guarantee program carries extremely high taxpayer risk, potentially jeopardizing billions of taxpayer dollars if energy project loans default....
Crop Insurance Administrative Policy Changes
January 30, 2013
Several administrative changes could be implemented to reduce taxpayer costs and limit the unintended consequences of federal crop insurance. ...
Transportation Tax Provisions within Fiscal Cliff Deal
January 03, 2013
The final agreement signed by the president to avoid the so-called “fiscal cliff” contains several items related to transportation that are...
Energy Tax Breaks Catch Ride on Fiscal Cliff Train
January 03, 2013
At the 11th hour lawmakers and the White House agreed to a deal on the fiscal cliff. While the deal was crafted to address urgent tax hikes...
State Of The Union: Obama Renews Call For Elimination Of Some Corporate Tax Loopholes
February 13, 2013 | Huffington Post
Solving the never-ending budget crisis and reducing the deficit will require corporate tax reform, Obama said.
Obama called for tax reform...
Hill Briefing Shreds Renewable Fuel Standard
February 11, 2013 | GlobalWarming.com
This morning I attended a briefing on “The Renewable Fuel Standard: Pitfalls, Challenges, and the Need for Congressional Action in 2013.”...
USEC under Obama 2.0 - in the race for state guarantees
February 11, 2013 | AtomInfo.ru
(Translated from original text)
Changes in the top echelons of the U.S. government related to the beginning of the second term of...
NMMA makes case to Congress on fuel standard
February 11, 2013 | Trade Only Today Magazine
The National Marine Manufacturers Association made its case with several other groups Tuesday to federal lawmakers on the negative impact of...
Analyst warns of RFS threat to US poultry industry
February 07, 2013 | Global Meat News
A US analyst has warned that the Renewable Fuel Standard (RFS) is causing the cost of chicken and turkey to rocket, leaving many producers...

February 5, 2013
CONTACTS:
Steve Ellis, 202-546-8500 ext...