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Big Oil, Big Profits: Industry Tops $120 Billion in 2012

February 05, 2013 | Energy

Big Oil, Big Profits: Industry Tops $120 Billion in 2012 As annual financial reports come in, it’s clear the oil and gas industry is looking to continue its decade long trend of being one of the... Read More

Even More Options for Cutting Crop Insurance Costs

February 05, 2013 | Agriculture

Even More Options for Cutting Crop Insurance Costs Defenders of agricultural subsidies at all costs are starting to feel the heat. Yesterday, professors from Ohio State University,... Read More

Heard On The Hill: Support TCS Today

February 05, 2013 | Budget & Tax

Heard On The Hill: Support TCS Today Dear Fellow Taxpayer, I wanted you to know you’re getting your money’s worth. Earlier today I testified before the House Committee on... Read More

Big Oil Boasts High Profits; Subsidies Continue

February 01, 2013 | Energy

Big Oil Boasts High Profits; Subsidies Continue Oil and gas companies continue to boast substantial profits while reaping billions in taxpayer-backed subsidies. As of February 1st, four... Read More

Sandy Spending Accountability

Sandy Spending Accountability With the Senate's 62-36 vote, lawmakers have sent in aggregate more than $60 billion to help those affected by Superstorm Sandy. You can... Read More

It’s Official: 2012 Drought Cost Taxpayers a Record $14 Billion

January 16, 2013 | Agriculture

It’s Official: 2012 Drought Cost Taxpayers a Record $14 Billion This week, the U.S. Department of Agriculture (USDA) confirmed what taxpayers have feared for months. After tallying losses from last... Read More

Farm Bill Extension Better Than Trillion-Dollar Bill

January 03, 2013 | Agriculture

Farm Bill Extension Better Than Trillion-Dollar Bill As we predicted, all the hype about the “dairy cliff” hitting consumers with sky-high milk prices was nothing but a hoax.... Read More

Top 10 Fiscal Cliff Tax Fails

January 02, 2013 | Budget & Tax

Washington’s last minute deal to avert the fiscal cliff saw the return of many never-ending “temporary” tax breaks. While the bulk of the... Read More

Lactose Intolerance: There is No Dairy Cliff

December 28, 2012 | Agriculture , Budget & Tax

Lactose Intolerance: There is No Dairy Cliff Don’t believe the hype. There is no milk cliff. Yes, after the new year, permanent farm law from 1949 (and 1938) will take effect, but... Read More

Defense Authorization Bill: More Money, Less Savings

December 21, 2012 | National Security

The Senate today passed the final version of the 2013 National Defense Authorization Act (NDAA), which, though late, will still beat the... 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