News Releases

News Release | U.S. PIRG Education Fund

New Filing Shows Largest 3.7% of Donors Account for Half of Campaign Funds

On Thursday, the Federal Election Commission (FEC) published quarterly fundraising reports for the presidential race. The new data shows that the largest 3.7 percent of campaign donors currently provide for more than half of all direct fundraising in the election. If a small donor empowerment program were in place, like that proposed in the Government by the People Act (H.R. 20), analysis by U.S. PIRG Education Fund reveals that the same top donors would represent only nine percent of total fundraising, while contributors currently giving $200 or less would account for more than 79 percent of all direct campaign fundraising.

News Release | U.S. PIRG Education Fund

158 Families Responsible for Half of All Campaign Giving

The New York Times reports that just 158 families have provided nearly half of all early money in the 2016 presidential race. The report comes on the heels of a study by U.S. PIRG Education Fund which found that a small donor empowerment program could dramatically shift candidate fundraising tactics to refocus elections on regular Americans.

News Release | U.S. PIRG | Consumer Protection

PIRGs, Others Ask CFPB & FTC To Investigate Experian/T-Mobile Data Breach

In a letter sent today, a number of state PIRGs and other leading privacy and consumer groups urged the CFPB and FTC to fully investigate the recent breach of an Experian subsidary that exposed 15 million T-Mobile customer and applicant records to the threat of new account identity theft. The letter asked whether the regulators could require Experian and the other two nationwide credit bureaus -- TransUnion and Equifax -- to give victims free security freezes to protect their credit reports.

News Release | US PIRG | Tax

Deepwater Horizon Settlement Comes with $5.35 Billion Tax Windfall

Today’s announcement by the U.S. Department of Justice of a proposed $20.8 billion out-of-court settlement with BP to resolve charges related to the Gulf Oil spill allows the corporation to write off $15.3 billion of the total payment as an ordinary cost of doing business tax deduction. The majority of the settlement is comprised of tax deductible natural resource damages payments, restoration, and reimbursement to government, with just $5.5 billion explicitly labeled a non-tax-deductible Clean Water Act penalty. This proposed settlement would allow BP to claim an estimated $5.35 billion as a tax windfall, significantly decreasing the public value of the agreement, and nearly offsetting the cost of the non-deductible penalty.

News Release | US PIRG Education Fund and Citizens for Tax Justice | Tax


Nearly three-quarters of Fortune 500 companies booked profits to tax havens in 2014, with just 30 companies accounting for 62 percent of earnings stashed offshore, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund and Citizens For Tax Justice. Collectively, the companies reported booking $2.1 trillion offshore for tax purposes.


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