Oppose Ag-Only Farm Bill: Spends More Than Senate Bill; Changes Make Subsidies Permanent
July 11, 2013
The Department of Energy (DOE) is asking Congress to provide $452 million in taxpayer subsidies to help license up to two experimental...
The United States Enrichment Corporation (USEC) was established in 1992 as a wholly-owned federal entity until it was privatized in 1998....
In February 2010, the Department of Energy (DOE) conditionally offered Southern Company and its partners a total of $8.33 billion in...
Despite last year’s drought, the agriculture sector recorded its second highest year of profits in a generation, down just three percent...
Despite best intentions, sometimes federal programs do more harm than good and cause unintended consequences that unnecessarily shift...
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...
Since its creation of the domestic market for corn ethanol after the energy crisis of the 1970s, the federal government has nurtured and...
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...
The federal government has in one form or another provided lucrative subsidies to the corn ethanol industry for more than 30 years,...
The Department of Energy (DOE) is asking Congress to provide hundreds of millions in subsidies to commercialize small modular nuclear...
The so-called Farm Bill currently being negotiated in Congress is shaping up to be another taxpayer-funded handout to wealthy landowners,...
The Farm Bill is a massive piece of legislation that guides food and farm policy. It covers wide-ranging topics from rural broadband service to farm subsidy payments....
The agricultural safety net refers to the various federal programs and policies that insulate agricultural producers from the costs of conducting business....
The first half of 2012 has brought more multi-billion dollar profits for major oil companies. So far, these companies have raked in more...
While the program was intended for emerging energy technologies, mature industries like coal and nuclear are eligible as well. Congress provided the program with funding in several areas including advanced nuclear reactors, renewable and energy efficiency, front-end nuclear fuel cycle technology, and advanced fossil fuels....
For centuries the federal government has been in the business of providing billions in subsidies to coal companies in order to ensure...
The Fiscal Year 2013 defense spending bill heading to the House floor Wednesday is a lesson in why it’s so hard to cut defense spending...
Like all businesses, agricultural producers face a number of risks in maintaining a profitable enterprise. Successful management of these...
The Department of Energy (DOE) Loan Guarantee Program was created in the Energy Policy Act of 2005 to provide Treasury backed loan...
With annual financial reports being released this time of year, the oil and gas industry is looking to continue its decade long trend of...
Carbon capture and storage (CCS), also referred to as carbon capture and sequestration, is the process of separating carbon dioxide (CO2)...
The latest iteration of the Department of Energy’s FutureGen project (find a timeline here) is a federal initiative to finance and...
Another quarter, another unsurprising set of reports of huge profits for the oil companies. Continuing to be some of the most profitable...
Taxpayers for Common Sense has been working hard to meet the challenge of that the so-called Super Committee is facing - $1.2-1.5...
MYTH: OIL AND GAS COMPANIES HAVE A HIGH EFFECTIVE TAX RATE
“The effective tax rate for the industry is...
The FY2012 Presidential Budget Request was released this morning. TCS staff will be posting relevant documents and analysis as we digest...
The time has come for Congress to begin a serious discussion about how it is going to correct the current budgetary path into deeper and...
The time has come for Congress to begin a serious discussion about how it is going to correct the current budgetary path into deeper and...
The Armed Services Committees are not the only Congressional bodies to see their memberships upended by the midterm elections.
The...
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...
Taxpayers for Common Sense joined a number of environmental and consumer groups and a bipartisan slate of Representatives today in...
On February 16, 2010, the Department of Energy offered the first conditional nuclear loan guarantee of $8.3 billion to Southern Company...
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....
In keeping with President Obama’s call to end fossil fuel subsidies, the latest budget proposal includes several significant cuts to oil,...
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...
The president’s fiscal year 2010 budget repeals several long-standing oil and gas subsidies, saving an estimated $31.7 billion over the...
In 1932, the federal government began giving subsidies to the coal industry in order to help the industry recover initial capital...
Chrysler LLC was founded in 1925 and is headquartered in Auburn Hills, Michigan. In 2007 Cerberus Capital Management took up managing...
Through a combination of subsidies, trade restrictions, and government mandates a handful of corporate agribusinesses and oil companies...
UPDATE: March 4, 2009.
After reporting a $61.7 billion quarterly loss – the biggest single quarter loss ever – in early March AIG asked...
Capital One Financial is a financial services company whose products and services include consumer and commercial banking and credit card...
On October 28, 2008, Goldman Sachs received $10 billion of the first $125 billion from the $700 billion bailout bill. Goldman Sachs is a...
Since the late 1970’s, the federal government has funneled billions of dollars into “Clean Coal” technology and programs designed to make...
Taxpayers for Common Sense works with a broad range of groups to enact significant farm policy reform. With the farm bill up for...
Below is a copy of the proposal reportedly put forth the by the Bush Administration over the weekend. It’s hard to say whether this is...
The President released a response to House and Senate conference committee negotiators. The President proposed 13 potential offsets to...
The federal government has relied primarily on two policy tools in recent years to help mitigate the financial losses experienced by crop...
The FRESH act introduced by Senators Lugar and Lautenberg, and co-sponsored by Senators Cardin, Menendez, Reed, Hatch, Collins and...
FOR IMMEDIATE RELEASE
July 27, 2007
CONTACT:
Steve Ellis, 202-546-8500 x126
Washington, D.C. – The following is a statement from...
The U.S. Department of Agriculture (USDA) continues outdated, depression-era farm subsidy policies that funnel billions of dollars to...
“Relief” for Oil and Gas
A Fiscal Headache for Taxpayers
“Now, we don’t think oil companies need tax incentives or subsidies to drill...
The following is a written statement by Jill Lancelot, President of Taxpayers for Common Sense, on the Senate refusal to cut billions in handouts for the nation’s largest and richest farms....
OCS inventory:
Government sources estimate that a full inventory of America’s Outer Continental Shelf would cost the government...
The following is a prepared statement by Franz Matzner, Policy Analyst of Taxpayers for Common Sense on the World Trade Organization's final decision on the Brazil Cotton Case....
Fixed Direct Payments, or ‘decoupled payments’, provide farmers with direct income unrelated to the market.1 Many argue that direct...
The following is a statement by Cena Swisher, Senior Director at Taxpayers for Common Sense, on the House Supporting Payment Caps in Farm Bill:...
The following statement is from Joe Theissen, Executive Director of Taxpayers for Common Sense in response to final passage of S. 1731, the Senate farm bill: ...
Representative Steve Chabot (R-OH) today offered two separate amendments to the House Agriculture spending bill that would eliminate...
Washington, DC - The House of Representatives is scheduled to vote on an appropriations bill today that is riddled with unnecessary...
Washington, DC – The House of Representatives is scheduled to vote on an appropriations bill today that is riddled with unnecessary...
How Federal Taxpayers Subsidies Waste Resources and Discourage Recycling...
Our weekly reality-check for federal spending. View All
Volume XVIII No. 37
Possible action in Syria has become the most recent excuse du jour for Pentagon boosters...
July 11, 2013