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News Release | U.S. PIRG | Democracy

TODAY SUPREME COURT RULED FOR ANOTHER FLOOD OF BIG MONEY

Today the U.S. Supreme Court ruled in McCutcheon v. FEC to strike down overall, or aggregate, contribution limits to candidates and political committees. U.S. PIRG research found that this ruling could bring $1 billion in additional campaign contributions from fewer than 2,800 elite donors through the 2020 election cycle.

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

Bipartisan Legislators Come Together To Expose "Wrongdoing Write Offs"

Republicans and Democrats in both houses of Congress have introduced bills that would require agencies to disclose when their settlements with corporations allow tax write offs for payments made to resolve charges of wrongdoing.

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News Release | U.S. PIRG Education Fund and Center for Digital Democracy | Financial Reform

New Report Examines Promise and Potential Dangers of New Financial Marketplace

U.S. PIRG Education Fund and the Center for Digital Democracy (CDD) released a comprehensive new report today focused on the realities of the new financial marketplace and the threats and opportunities its use poses to financial inclusion. The report examines the impact of digital technology, especially the unprecedented analytical and real-time actionable powers of “Big Data,” on consumer welfare. The groups immediately filed the report with the White House Big Data review headed by John Podesta, who serves as senior counselor to the President.

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Report | U.S. PIRG Education Fund and Center for Digital Democracy | Financial Reform

Big Data Means Big Opportunities and Big Challenges

This report examines the growing use of "Big Data" in financial decision-making, especially in a digital marketplace characterized more and more by the use of mobile phones. It explains the opportunities to use Big Data to promote financial opportunity and the threat of financial exclusion, discrimination or higher prices for some consumers if Big Data is not used properly. The report makes recommendations to advocates, industry and regulators.

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News Release | U.S. PIRG | Tax

Victory for Taxpayers and Consumers as Justice Dept. Denies Toyota $1.2 Billion Write-Off in Criminal Probe Settlement

Today, the Justice Department acted in the best interests of taxpayers and consumers, by denying Toyota a hidden $420 million tax benefit on its settlement for misleading consumers about dangerous car malfunctions.

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News Release | U.S. PIRG | Financial Reform

Senate Rolls Back Investor Protections

Statement of Edmund Mierzwinski, U.S. PIRG Consumer Program Director on Senate Passage of the JOBS Act (Excerpt) "Today, the Senate joined the House in passing the so-called JOBS Act, legislation that will roll back investor protections, leaving senior citizens and other small investors at the mercy of the next Enron collapse, the next Gordon Gecko and the next-generation boiler room operators using social media to pitch toxic investments."

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

Release of New Report: Loopholes for Sale

A new report released Wednesday, March 21 by U.S. PIRG and Citizens for Tax Justice (CTJ) found that thirty unusually aggressive tax dodging corporations have made campaign contributions to 524 (98 percent) sitting members of Congress, and disproportionately to the leadership of both parties and to key committee members. The report, Loopholes for Sale: Campaign Contributions by Corporate Tax Dodgers, examines campaign contributions made by a total of 280 profitable Fortune 500 companies in 2006, 2008, 2010 and to date in 2012.

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News Release | U.S. PIRG | Budget

Ryan Budget a Windfall for Special Interests, Devastating to Public Priorities

While U.S. PIRG recognizes the need to address the nation’s deficit, Chairman Paul Ryan’s budget plan proposes a windfall for corporate tax dodgers, Wall Street banks, health insurance companies, and the oil industry while slapping the public with harmful cuts to public priorities like Pell Grants and public transportation.

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News Release | U.S. PIRG | Higher Ed

Ryan Budget Devastating to Pell, Windfall for Special Interests

Chairman Ryan's proposal recommends slashing Pell Grants which help more than 9 million students pay for college at a time of rising college costs, tight family finances and a job market that increasingly requires post-secondary education.

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News Release | U.S. PIRG | Budget

Report Card Ranks 50 States on Transparency of Spending

In Following the Money 2012: How the States Rank on Providing Online Access to Government Spending Data, researchers at the United States Public Interest Research Group (U.S. PIRG) graded all 50 states on how well they provide online access to information about government spending. States were given “A” to “F” grades based on the characteristics of the online transparency systems they have created to provide information on contracts, subsidies and spending at quasi-public agencies.

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