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Another Report Points to Taxpayers Losing Billions On Risky DOE Loan Guarantees

August 02, 2011 | Energy

The Congressional Budget Office (CBO) recently released a report on federal loan guarantees for nuclear power plants, which seriously... Read More

Big Oil, Big Corn: An in-depth look at the Volumetric Ethanol Excise Tax Credit

August 01, 2011 | Energy , Natural Resources

Big Oil, Big Corn: An in-depth look at the Volumetric Ethanol Excise Tax Credit Big Oil, Big Corn: An in-depth look at the Volumetric Ethanol Excise Tax Credit Corn has been subsidized since the 1930s, but it was... Read More

No Deal on Ethanol for Taxpayers

July 19, 2011 | Energy

A small group Senators are attempting to snatch fiscal defeat from the jaws of taxpayer victory on ethanol subsidies. Last month the... Read More

$14 Trillion U.S. Debt Leaves No Room for Treasury-Backed Loan Guarantees for Energy Projects

May 31, 2011 | Energy

WASHINGTON, D.C.///June 1, 2011///With Congress poised to move forward on more taxpayer-backed loan guarantees for nuclear, wind, solar,... Read More

Subsidy Gusher

May 16, 2011 | Energy

WASHINGTON, D.C. – Today, Taxpayers for Common Sense (TCS) released “Subsidy Gusher: Taxpayers Stuck with Massive Subsidies while Oil and... Read More

The Volumetric Ethanol Excise Tax Credit: History and Current Policy

April 29, 2011 | Agriculture , Energy

The Volumetric Ethanol Excise Tax Credit (VEETC) is the largest subsidy to corn ethanol, the most common biofuel in the U.S. The tax... Read More

The President’s FY2012 Proposed Cuts to Fossil Fuel Subsidies

April 14, 2011 | Budget & Tax , 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

Common Sense Cuts—$900 billion in savings over 10 years

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... Read More

TCS Budget Cut List for the 112th Congress: Energy

February 10, 2011 | Budget & Tax , Energy

Energy Total Cuts: $42 billion Taxpayers have been subsidizing the same mature, polluting energy technologies for decades. Many... Read More

TCS Recommended Budget Cut List No. 2: Total Cuts $205+ billion

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... Read More

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Weekly Wastebasket

Our weekly reality-check for federal spending. View All

February 15, 2013

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as... Read More