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

The Renewable Fuel Standard: Taxpayer Costs and False Promises

July 08, 2017

The Renewable Fuel Standard: Taxpayer Costs and False Promises Over the past decade, biofuels have been portrayed as a way to help achieve U.S. energy independence, reduce greenhouse gas (GHG)... Read More

Letters & Testimony

TCS Urges House Committee to Oppose Soda Ash Giveaway

June 27, 2017

TCS Urges House Committee to Oppose Soda Ash Giveaway On Tuesday, TCS sent the following letter to the House Natural Resources Committee, urging Members to avoid repeating past mistakes and to oppose a royalty reduction for Soda Ash.... Read More

Our Take

House Agriculture Committee Looks to Milk Taxpayers

February 24, 2017

House Agriculture Committee Looks to Milk Taxpayers Agriculture Committee members ignore cost overruns to plead for more subsidies for dairy.... Read More

Press Releases

Gone with the Wind: How Taxpayers Are Losing Millions in Revenue from Wasted Gas

August 11, 2016

Gone with the Wind: How Taxpayers Are Losing Millions in Revenue from Wasted Gas WASHINGTON, DC —Federal taxpayers lost nearly $600 million in royalty revenues during a 10-year period ending in 2015 because of royalty... Read More

Event Summary

Prepping the Ground for Farm Bill Reform

July 29, 2016

Prepping the Ground for Farm Bill Reform Most of the programs created in the trillion-dollar 2014 farm bill are authorized through 2018. Consequently, Congress is unlikely to have a... Read More

Letters & Testimony

Comments on federal coal review

July 28, 2016

Comments on federal coal review Comments for the scoping period of the federal coal Programmatic EIS... Read More

More in-depth material from TCS in Cut Subsidies
101

Just the Facts About the 2014 Farm Bill Income Entitlements

June 02, 2017 > Updated: June 02, 2017

Promises that the 2014 FARM BILL would produce savings for taxpayers are failing to bear fruit. This is because of exploding costs in the... Read More

101

Just the Facts: The Federal Crop Insurance Program

June 02, 2017 > Updated: June 02, 2017

Of the many federal subsidies for the agriculture sector, the federal crop insurance program is the most expensive. To help policymakers... Read More

Fact Sheets

Infographic on the 2014 Farm Bill

October 12, 2016

Only two years after passage, the 2014 FARM BILL is a clear budget buster due to new commodity programs. The Agriculture Committees should be... Read More

Reports & Data

Gone with the Wind: How Taxpayers are Losing from Wasted Gas

August 10, 2016

Oil and gas companies drilling on federal lands are losing a significant amount of natural gas. In their drilling operations, they are... Read More

TCS appearances in the media in Cut Subsidies

Farmers Are Getting a Bumper Crop of Subsidies from the 2014 Farm Bill

November 27, 2016 | The Fiscal Times

After years of hard bargaining, Congress in early 2014 finally agreed on a bipartisan farm and nutrition bill aimed at reforming an antiquated... Read More

Urge Representatives to Reform Flood Insurance Program

November 17, 2016 | The Des Moines Register

The Nov. 7 editorial "All Iowans should have flood insurance option” highlighted the need for more Iowans to obtain flood coverage through the... Read More

Tax Policy: Green Scissors Coalition Targets ‘Dirty’ Extenders

October 04, 2016 | E&E - Greenwire

A diverse alliance of interest groups is urging lawmakers to allow a suite of energy tax breaks to expire at the end of the year. The Green... Read More

Down on the Farm

August 15, 2016 | National Review

Small farmers face regulatory burdens, negative stereotypes, and children fleeing the family business. Lucy and Joe Lourenco emigrated from... Read More

Defense Chief Resists Shoe Requirement for Military Recruits

August 12, 2016 | CNHI

WASHINGTON - A provision of a federal defense bill promoting U.S.-made athletic shoes, touted as a job-creator, is running into opposition... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

November 23, 2016

(Thanks)giving Subsidies

As Americans gather this week for Thanksgiving, we thought it a good time to remind everyone how Washington’s... Read More

TCS Rated 4-Star Charity!

Biofuels

U.S. Coal to Germany