Oppose Ag-Only Farm Bill: Spends More Than Senate Bill; Changes Make Subsidies Permanent
July 11, 2013
Congress has split town leaving an important deal unfinished. Yes, the debt ceiling got raised, but there’s another important piece of...
Watchdog Groups Identify Nearly $600 Billion in National Security Spending Cuts
WASHINGTON, D.C.—The federal government could save...
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...
Transportation dollars are tight. The gasoline tax that we rely on to build and maintain our transportation networks isn’t enough to meet...
The Volumetric Ethanol Excise Tax Credit (VEETC) is the largest subsidy to corn ethanol, the most common biofuel in the U.S. The tax...
Not that it’s anything to sneeze at, but HR1363 the “Department of Defense and Further Continuing Appropriations Act, 2011” that the...
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...
Tax Expenditures
Total Cuts: $624 billion
Cuts Include:
Mortgage Interest Deduction
Cut: $390 billion
LIFO
Cut: $52.9...
NATIONAL SECURITY
Total Cuts: $95 billion
Total Achieved Savings: $7 billion
For too long, the defense budget was considered...
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