Analysis of Selected Provisions in Hurricane Sandy Emergency Spending Proposals
December 17, 2012
Subsidizing Oil Shale: Tracing Federal Support for Oil Shale Development in the United States
November 29, 2012
Taxpayers for Common Sense awarded the Golden Fleece to the U.S. Department of Agriculture’s Risk Management Agency for wasting taxpayer funds on risk management education for crops ranging from Christmas trees to turf grass....
Congress and the President do not need to plunge taxpayers off a “Fiscal Cliff”. Common sense solutions can make government work and put the country on sound footing to deal with our deficits and debt....
Federally subsidized crop insurance has become the largest taxpayer support for agriculture. But not all parts of the agriculture...
The agricultural safety net refers to the various federal programs and policies that insulate agricultural producers from the costs of conducting business....
A basic primer on the Green Scissors campaign and answers general questions about the history and goals of the coalition....
In the summer of 2011, Congress sent the President a bill that acknowledged failure. Instead of swallowing hard and coming up with...
Coal-fired energy production is one of the oldest and most profitable industries in the world. Yet despite decades of success, the well-established coal industry remains on the federal dole. ...
The just-passed MAP-21 (transportation omnibus) is paid for! It reduces the debt over 10 years!
By $16.3 billion,if CBO is to be...
Taxpayers for Common Sense awarded the Golden Fleece to Rep. Ed Whitfield (R-KY) for introducing H.R. 4342, the WAVE4 Act. This legislation would codify recommendations made by barge operators to increase the federal subsidy for inland waterway construction projects on the nation's rivers....
The first half of 2012 has brought more multi-billion dollar profits for major oil companies. So far, these companies have raked in more...
Citing record drought conditions throughout the country, the House is debating today legislation to retroactively extend four...
For centuries the federal government has been in the business of providing billions in subsidies to coal companies in order to ensure...
Yesterday, the House Agriculture Committee released its 2012 Farm Bill draft which eliminates some wasteful commodity programs but...
Left-Right coalition identifies practical steps Congress could take to slash deficits, save natural resources....
Despite the ever-increasing price tag, incessant delays in progress, and known safety risks, the Department of Energy continues to pour federal subsidies into the Mixed Oxide Fuel (MOX) program year after year. ...
Watchdog Groups Identify Nearly $700 Billion in Wasteful Spending on National Security...
The Congressional Research Service (CRS) has released a report that will help you study up for this Wednesday’s Senate Farm Bill mark-up...
In response to growing public opposition, questionable project merit, and an increasingly bloated cost, the California High Speed Rail...
With annual financial reports being released this time of year, the oil and gas industry is looking to continue its decade long trend of...
It appears the oil and gas industry is looking to continue its decade long trend of record profits. As of February 2nd, Chevron, Exxon...
The Defense Department today gave the public a peek behind the cover of its Fiscal Year 2013 budget request, releasing a report and fact...
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...
Taxpayers for Common Sense today released a report detailing the heavily subsidized biofuels industry's political clout.
The biofuels...
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 - $.12-1.5...
Oil and gas companies have complained that they pay an effective tax rate of 41%....
Congress has split town leaving an important deal unfinished. Yes, the debt ceiling got raised, but there’s another important piece of...
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...
Watchdog Groups Identify Nearly $600 Billion in National Security Spending Cuts
WASHINGTON, D.C.—The federal government could save...
Today, Taxpayers for Common Sense sent a letter to the House of Representatives urging strong reforms of the wasteful and outdated...
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...
Transportation
Total Cuts: $18.7 billion
The nation’s transportation system is broken, as the gasoline tax that each of us pays at the...
Energy
Total Cuts: $42 billion
Taxpayers have been subsidizing the same mature, polluting energy technologies for decades. Many...
NATIONAL SECURITY
Total Cuts: $95 billion
Total Achieved Savings: $7 billion
For too long, the defense budget was considered...
AGRICULTURE
Total Cut: $110 billion
Outdated and ineffective farm policies waste billions of federal funds each year, jeopardize...
Infrastructure
Total Cuts: $6 billion
For nearly two centuries, the Army Corps of Engineers (Corps) has been a way for lawmakers to...
General
Total Cuts: $421+ million
Cuts Include:
Shift Congressional Pensions to Defined Contribution
Overseas Private Investment...
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...
Also in attendance is Iowa State University economist Bruce Babcock.
Click hereClick herePolicy Briefs:
"Let the VEETC Expire:...
The draft recommendations released this week by the co-chairs of the National Commission on Fiscal Responsibility and Reform propose...
Despite efforts to save billions by improving the way it does business, the Defense Department is not only still years away from being...
Taxpayers for Common Sense joined a number of environmental and consumer groups and a bipartisan slate of Representatives today in...
The scent of defense acquisition reform is heavy in the air again. Just don’t call it acquisition reform.
The Defense Department...
Today Senators John Kerry (D-MA) and Joe Lieberman (I-CT) will release their long awaited climate legislation, the American Power Act....
An agreement was signed this week that settles a long-standing dispute about what to do with the North Shore Road in the Great Smoky...
The day last April when Defense Secretary Robert Gates revealed the Defense Department’s 2010 budget has become known as “Black Monday.”...
It was payback time for President Obama this week when he threw down the gauntlet to tax-dodging contractors.Taxpayers pay contractors...
The House of Representatives drove home a $447 billion omnibus spending bill yesterday loaded with six of the seven appropriations bills...
One of the most interesting—and neglected—sections of the annual defense authorization bill steers annual contracting policy both for DOD...
(October 21) Congress handed off a $42.8 billion appropriations bill funding the Department of Homeland Security through fiscal year 2010...
(June 26) We found 13 undisclosed earmarks worth $1.35 billion in the supplemental, including $904 million for seven C-130J aircraft,...
On June 1st GM filed for bankruptcy protection in order to reorganize. Under the proceeding the company will receive access to an...
Congress mandated the constuction of hundreds of miles of fencing along our Southern border in 2006 without any real knowledge of its...
Space is crucial to our national security, and we’ve got the skyrocketing budgets to prove it. The United States spends billions on...
The boom finally lowered on the Pentagon’s budget today, with Secretary of Defense Robert Gates revealing the major weapons cuts...
On September 15, 2008 Bank of America acquired the investment bank Merrill Lynch.
Bank of America
Bank of America is the nation’s...
Goodness, the difference an economic crisis can make. A few years ago, advertisements by defense contractors arguing that the U.S. should...
A look at the nuclear weapons budget in the omnibus reveals that while Congress is keeping nuke funding on a short leash, a controversial...
UPDATE: March 4, 2009.
After reporting a $61.7 billion quarterly loss – the biggest single quarter loss ever – in early March AIG asked...
The axe has fallen on the final version of the stimulus bill, and some national security spending ended up on the cutting room floor....
The House and Senate agree on many of the national security-related agencies that should receive stimulus funding. The Defense...
How much does the United States spend on nuclear weapons? Seems like a simple question that the agency charged with tending our nuclear...
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...
President-elect Barack Obama’s new transition web site is pledging to review every major defense program for possible cuts, and...
Below are links to the monthly “Supplemental and Cost of War Execution Reports” compiled by the Defense Accounting Finance Service, DOD’s...
The Department of Defense paid contractors $13 billion for operations in Afghanistan between 2003 and 2007, according to documents...
The Congressional Budget Office (CBO) got a lot of jaws dropping this week with a report estimating the U.S. has spent $85 billion on...
The 2009 State, Foreign Operations, and Related Programs Appropriations Bill contains 7 earmarks worth $35.4 million dollars (click here...
TCS followers know we have argued for increased oversight of defense spending, particularly spending on contracts. The federal...
With board members jumping ship, the governor asking tough questions, and the cost estimate ballooning, the logical conclusion is that...
The FY09 Senate appropriations bill providing money for transportation and Housing and Urban Development projects contains 609 earmarks...
From surfing subsidies to the Great Wall of Bedford, Indiana, Wisconsin Senator William Proxmire’s Golden Fleece Award protected...
Washington, D.C. - The House FY08 Transportation, Housing and Urban Development and Related Agencies Appropriations bill contains more...
Tonight, the Senate unanimously passed an amendment to the ethics bill to bring earmarks out of the shadowy corridors of the capitol and...
Washington, D.C. - The following is a written statement by Keith Ashdown, Vice-President of Taxpayers for Common Sense, on George W. Bush...
Investing in Smart Water Strategies for Pennsylvania and the Nation...
Remarks by Erich W. Zimmermann, Policy Analyst
Delivered at River Valley Club, Louisville, Kentucky
June 3, 2005
Good afternoon, my...
Recipient of the TCS "Golden Fleece Award in 2003 (Read the award write-up)
Project Update (September 2007): After many years of...
Road to Ruin documents 27 road projects that will drain federal tax dollars, harm communities, and damage the natural environment. In total, these projects would cost federal taxpayers at least $24 billion....
The nation’s largest water management agency, the U.S. Army Corps of Engineers, is at a crossroads. The Corps is poised to either...
***This article first published June 12, 2003 when TCS was the first to shed light on the "Bridge to Nowhere"***
Rep. Don Young...
Following the airline industry's lead, insurance executives have been lobbying Congress for terrorism insurance legislation that will...
How the Mining Industry Used Outdated Rules to Pass Environmental Cleanup Costs to Taxpayers...
The U.S. Army Corps of Engineers is wasting billions of dollars on environmentally harmful projects, charges a new report by Taxpayers...
Our weekly reality-check for federal spending. View All
While Washington is wringing its hands about the automatic across-the-board budget cuts known as...
December 17, 2012
November 29, 2012