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Third Quarter Results are in and still the same story: Billions in profit, billions more in subsidie

November 03, 2010 | Fact Sheet |

Total SA made $3.2 in the third quarter; Shell: $3.5; Chevron: $3.8; Exxon: $7.4; and most telling of all, BP has emerged back into the... Read More

Green Scissors 2010

Taxpayers for Common Sense joined a number of environmental and consumer groups and a bipartisan slate of Representatives today in... Read More

Federal Loan Guarantees for Nuclear Reactors: Details of the Current Applicants

June 21, 2010 | Fact Sheet | Energy

On February 16, 2010, the Department of Energy offered the first conditional nuclear loan guarantee of $8.3 billion to Southern Company... Read More

Oil and Gas Industry: A Decade of Record Breaking Profits

June 14, 2010 | Fact Sheet | Energy

Big Oil has made Big Money over the last decade. In fact, the last five years proved to be some of the most profitable for any U.S.... Read More

Details on the President’s Proposed Fossil Fuel Cuts

March 30, 2010 | Policy Brief | Energy

In keeping with President Obama’s call to end fossil fuel subsidies, the latest budget proposal includes several significant cuts to oil,... Read More

Oil and Gas Royalties: Relief for Oil and Gas Companies, a Fiscal Headache for Taxpayers

November 03, 2009 | Fact Sheet | Energy

Oil and gas companies that drill offshore or on public lands are required to pay for the oil and gas they remove in the form of... Read More

UPDATE: The President’s 2010 Budget: Reining in Oil and Gas Subsidies

September 24, 2009 | Policy Brief | Energy

The president’s fiscal year 2010 budget repeals several long-standing oil and gas subsidies, saving an estimated $31.7 billion over the... Read More

TCS Fact Sheet: Coal Industry Profits

June 07, 2009 | Fact Sheet | Energy

In 1932, the federal government began giving subsidies to the coal industry in order to help the industry recover initial capital... Read More

Bailout Bank Bio: Chrysler

Chrysler LLC was founded in 1925 and is headquartered in Auburn Hills, Michigan.  In 2007 Cerberus Capital Management took up managing... Read More

Ethanol Subsidies: Too Much for Too Little

April 29, 2009 | Fact Sheet | Agriculture , Energy

Through a combination of subsidies, trade restrictions, and government mandates a handful of corporate agribusinesses and oil companies... Read More

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Weekly Wastebasket

Our weekly reality-check for federal spending. View All

September 13, 2013

Syria: Excuse 535 To Not Cut the Deficit

Volume XVIII No. 37 Possible action in Syria has become the most recent excuse du jour for Pentagon boosters... Read More