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Latest Taxpayers for Common Sense Stories

2013-07-02 12:23:09

WASHINGTON, July 2, 2013 /PRNewswire-USNewswire/ -- Think Washington has learned its lesson after Solyndra? Think again. The nonpartisan budget watchdog group Taxpayers for Common Sense (TCS) pointed out today that another deadline has passed for the U.S. government, Southern Company, and other entities involved in the controversial Vogtle nuclear reactor project to reach agreement on loan guarantee terms. Even as the end of June deadline for reaching agreement on loan guarantee...

2013-04-10 16:22:55

Even Before Administration's Budget: $100 Million in "Mini Nuke" Corporate Welfare Already Doled Out, Today's Announcement Continues Commitment to Half Billion Dollars in Subsidies WASHINGTON, April 10, 2013 /PRNewswire-USNewswire/ -- Less than six weeks after the nonpartisan group Taxpayers for Common Sense (TCS) handed out its latest "Golden Fleece Award" to the Department of Energy for committing more than half a billion dollars in corporate welfare for the development and licensing...

2013-02-27 16:21:30

$100 Million in "Mini Nuke" Corporate Welfare Already Doled Out, Another Half Billion Dollars Or More in the Pipeline for Major Corporations that Could Pay for Own R&D, Licensing WASHINGTON, Feb. 27, 2013 /PRNewswire-USNewswire/ -- The federal government is in the process of wasting more than half a billion dollars to pay large, profitable companies for what should be their own expenses for research & development (R&D) and licensing related to "small modular reactors"...

2011-06-01 12:30:00

WASHINGTON, June 1, 2011 /PRNewswire-USNewswire/ -- With Congress poised to move forward on more taxpayer-backed loan guarantees for nuclear, wind, solar, "clean coal" and other energy sources, leading U.S. taxpayer and conservative groups cautioned today that America can ill afford such subsidies in the face of a $1.65 trillion deficit and a $14 trillion national debt. President Obama has requested a $36 billion increase for the Title XVII Loan Guarantee program. Appropriators will...

2010-07-22 11:12:00

Report suggests cuts to restore the nation's fiscal and environmental health WASHINGTON, July 22 /PRNewswire-USNewswire/ -- The Green Scissors campaign, a diverse coalition of taxpayer, environmental and consumer groups, today released Green Scissors 2010, a report highlighting government programs and subsidies that are wasteful to taxpayers, harmful to the environment and bad for consumers. Green Scissors 2010 targets four major areas for budget cuts: energy, agriculture and biofuels,...

2010-07-21 16:42:00

Event will feature Prominent Members of Congress WASHINGTON, July 21 /PRNewswire-USNewswire/ -- A diverse coalition of taxpayer, environmental and consumer groups will release Green Scissors 2010, a report highlighting government programs and subsidies that are wasteful to taxpayers, harmful to the environment and bad for consumers, in an event on Capitol Hill Thursday morning. Several members of Congress will participate in the report release. Green Scissors 2010 targets four major areas...

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2009-04-01 10:10:00

An annual report released by the Space Foundation shows that global space revenues saw an increase of 2.5 percent to $257 billion in 2008. The report found that the industry is still experiencing steady growth even in the midst of a recession. Commercial satellite services and commercial infrastructure made up 67 percent of revenue, compared to 32 percent from government space spending. "Space activity has integrated itself so thoroughly into broader business activity, with an array of...