All the latest content from TCS
Our Take

Senate Finance Committee Holds Hearing on Energy Tax Reform

September 18, 2014

Senate Finance Committee Holds Hearing on Energy Tax Reform The Senate Finance Committee met yesterday to discuss the need for reforming the nation’s outdated energy tax laws as part of the larger tax... Read More

Letters & Testimony

TCS Letter to Senate Finance Committee Urging Reform of Energy Tax Provisions

September 17, 2014

TCS Letter to Senate Finance Committee Urging Reform of Energy Tax Provisions On Tuesday, TCS sent a letter to the Senate Finance Committee ahead of their hearing on energy provisions in the tax code.... Read More

Our Take

New GAO Report Recommends Cut in Crop Insurance Subsidies

September 08, 2014

New GAO Report Recommends Cut in Crop Insurance Subsidies Today, the Government Accountability Office (GAO) released a new report providing more evidence that reducing federal crop insurance premium... Read More

Our Take

New Loan Guarantee Solicitation for Renewable Energy and Energy Efficiency Projects Issued

August 28, 2014

New Loan Guarantee Solicitation for Renewable Energy and Energy Efficiency Projects Issued On July 3, the Department of Energy (DOE) issued a new, expanded $4 billion solicitation for both renewable energy and energy efficient... Read More

Our Take

GAO Report: Renewable Fuel Standard Costs Outweigh Benefits

August 12, 2014

GAO Report: Renewable Fuel Standard Costs Outweigh Benefits A new Government Accountability Office (GAO) report reviewed seven Environmental Protection Agency (EPA) Regulatory Impact Analyses (RIAs) and found... Read More

Our Take

Senate Energy and Water Spending Bill Held in Committee

August 06, 2014

Senate Energy and Water Spending Bill Held in Committee In June, the Senate Appropriations Committee scheduled a markup of the chamber’s FY2015 Energy and Water Appropriations bill only to pull it... Read More

Press Releases

Budget Watchdog Documents Low Federal Effective Tax Rates for Large Oil and Gas Companies

July 31, 2014

Effective Tax Rates of Oil and Gas Companies: Cashing in on Special Treatment report finds variety of special tax provisions allows companies to defer billions in taxes... Read More

Our Take

DKRW Again Seeking a Loan Guarantee as a Last Resort

July 18, 2014

DKRW Again Seeking a Loan Guarantee as a Last Resort Recently, executives from DKRW Advanced Fuels have said they plan on visiting officials at the Department of Energy (DOE) in the near future... Read More

Our Take

Senate Appropriations Committee Approves Nearly $550 Billion Spending Bill

July 18, 2014

Senate Appropriations Committee Approves Nearly $550 Billion Spending Bill This week the Senate Appropriations Committee took up the Pentagon spending bill for fiscal year (FY) 2015. When all was said and done, the... Read More

Letters & Testimony

Letter to Senate Appropriations Committee: Reject more funding for F-35

July 17, 2014

This week the Senate Appropriations Committee began its consideration of H.R. 4870, the appropriations bill for the Department of Defense... Read More

TCS appearances in the media

Farm-State Democrat Risks Defeat Even After Saving Aid

September 18, 2014 | Bloomberg

U.S. Representative Collin Peterson is banking his re-election on the sugar beet. Peterson has been a reliable friend to the industry,... Read More

Powering a Tax Overhaul

September 17, 2014 | U.S. News & World Report

Even as Congress is racing to get out of town, the Senate Finance Committee is holding an important hearing tomorrow entitled, “Reforming... Read More

How Obama Will Pay for His War

September 15, 2014 | Roll Call

The White House doesn’t know yet how much the new war with ISIS will cost, but it knows how it will pay for it: the all-purpose war funding... Read More

More in-depth material from TCS

TCS Comments to USDA on New Income Entitlement Programs

August 28, 2014

TCS Comments to USDA on New Income Entitlement Programs TCS sent official comments to the U.S. Department of Agriculture about new crop insurance provisions and shallow loss entitlement programs in the 2014 farm bill. ... Read More

Fact Sheets

Shallow Loss Programs May Surpass Cost of Old Subsidy Schemes

August 12, 2014

Shallow Loss Programs May Surpass Cost of Old Subsidy Schemes The 2014 farm bill created new income entitlement programs for agribusinesses, referred to as “shallow loss” subsidies. The three programs - Agriculture Risk Coverage (ARC), Supplemental Coverage Option (SCO), and Stacked Income Protection Plan (STAX) – are intended to kick in when revenue drops as little as ten percent from a predetermined level. ... Read More

Reports & Data

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment

July 30, 2014

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment From 2009 through 2013, large U.S.-based oil and gas companies paid far less in federal income taxes than the statutory rate of 35 percent.... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

September 12, 2014

Loco for OCO

Volume XVI No.37: September 12, 2014 For sheer chutzpah, it’s hard to beat the reprogramming request the... Read More

Quote of the Week:
"I think [inversions are] very symbolic. Not just symbolic in that you lose revenue. It’s actually economically meaningful. It’s another example of how companies spend their time thinking about how to minimize taxes and make decisions on that basis rather than how to maximize efficiency and make better products."