Some of the most profitable industries in the world, such as oil and gas companies, still receive billions of dollars worth of subsidies from taxpayers every year.
Subsidies such as preferential tax rates for select industries distort free market forces and put Congress in the position of choosing winners and losers. Many industries that receive some form of corporate welfare from the federal government also manage to spend millions on lobbyists and campaign contributions every year to keep these very subsidies in place. Federal subsidies to profitable corporations are a waste of tax dollars and Congress should eliminate them immediately.
Explore the Eliminate Corporate Welfare Program
The Senate WRDA bill is too costly to stand.... 
The Department of Energy (DOE) and Babcock & Wilcox Company (B&W) announced yesterday that a subsidiary of B&W—B&W mPower, LLC—will receive... 
The House Ways and Means Committee created eleven tax reform working groups to focus on select issues within the U.S. tax code as part of... 
FOR IMMEDIATE RELEASE
April 10, 2013
CONTACTS:
Steve Ellis, (202) 546-8500 x126, or... 
Today, a bipartisan set of Representatives introduced a bill to take long overdue steps toward reforming the broken Renewable Fuel Standard... 
The Department of Energy (DOE) announced yesterday a second funding opportunity for its Small Modular Reactor (SMR) Program. The new funding... 
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... -75x66.jpg)
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The Repowering Assistance Program, administered by U.S. Department of Agriculture’s (USDA) Rural Development office, reimburses... 
Established by an Executive Order in 1999, the Bioenergy Program for Advanced Biofuels (BPAB) is intended to pay advanced biofuels producers... 
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