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News Release | U.S. PIRG | Tax

Taxpayers Win, as Justice Department Blocks Credit Suisse Tax Write Off

The Justice Department saved taxpayers $233 million by preventing Credit Suisse bank from writing off its settlement for tax evasion. U.S. PIRG applauds the move and calls on agencies to make this standard practic. Agencies should also be more transparent about the deals they sign with corporations to resolve charges of wrongdoing.

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Blog Post | Financial Reform

CFPB complaints help recover $90 million for servicemembers | Ed Mierzwinski

Yesterday, the U.S. Departments of Justice and Education and the FDIC slammed student loan company Sallie Mae and a spinoff, ordering over $6 million in penalties and $90 million in compensation to servicemembers and veterans. Complaints to the CFPB's public database helped build the case. As the CFPB's director said in an important speech last week: "Each consumer’s voice counts and the chorus of many voices can change practices at these large financial companies."

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Blog Post | Democracy

The End of Net Neutrality As We Know It? | Ed Mierzwinski

On Thursday, 5/15 the FCC meets to propose new rules "to protect and promote the open Internet," after a court threw out parts of its current rules. The problem, however, is that some of the FCC Chairman's preliminary comments suggest he's for killing the core feature of the open Internet, Net Neutrality, in order to save it.

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News Release | U.S. PIRG | Budget, Tax

House Tax Writers Vote to Make Offshore Loopholes Permanent

House tax writers voted to renew and making permanent two expired offshore tax loopholes, forcing average taxpayers and small business owners to pick up the tab for tax dodging by many multinationals for years to come. For all of the talk in Washington about getting our fiscal house in order, the Committee did not consider how to pay for these expensive tax breaks.

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News Release | U.S. PIRG Education Fund | Tax

Poll: Public Wants Federal Agencies to Disclose and Restrict Corporate Tax Write Offs for Out-of-Court Settlements

A new poll shows that Americans want federal agencies to better disclose information about out-of-court settlements with corporations and to restrict companies from writing off these payments as tax deductions.

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Media Hit | Food

Fox News: New Report Links Agricultural Subsidies to Childhood Obesity

A report by the U.S. Public Interest Research Group, or U.S. PIRG, titled “Apples to Twinkies: Comparing Federal Subsidies of Fresh Produce and Junk Food” found that between 1995 and 2010, the U.S. has spent more than $260 billion on agricultural subsidies.

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News Release | U.S. PIRG | Transportation

Obama: Put People to Work Rebuilding America

President Obama was right to call for bold new investments in our outdated transportation infrastructure. Fixing our roads and building new railways won’t just put thousands of unemployed construction workers back to work now; it will allow America to meet the demands of a competitive 21st century economy.

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News Release | U.S. PIRG | Transportation

President Obama Calls for Smart Infrastructure Investment to Create Jobs

Statement of U.S. PIRG Tax and Budget Associate Dan Smith on President Obama’s Rose Garden address on infrastructure and job creation.

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News Release | U.S. PIRG | Democracy

Senator Robert Menendez Introduces Shareholder Protection Act

Today's introduction of the Shareholder Protection Act is a simple yet powerful response to rein in unaccountable spending by corporate CEOs and others who lead public companies. The bill's simple yet potent provisions call for shareholders to determine whether the company should risk engaging in electoral politics.

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News Release | U.S. PIRG | Food

Representative Jeff Flake Introduces REAPS Act

Statement of U.S. PIRG Federal Legislative Office Director Gary Kalman on the introduction of the Reducing the Deficit through Eliminating Agriculture Direct Payment Subsidies Act.

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BAN ROUNDUP

We're calling on the EPA to ban Monsanto's Roundup unless and until independent research proves it's safe. Let's hold them accountable.

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