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Report | U.S. PIRG | Tax

Closing the Billion Dollar Loophole

New report tells how some states have found a simple reform to reclaim significant revenue lost to offshore tax havens. Includes estimates of how much each state loses in state revenue to offshore tax haven abuse and how much each state would gain by closing the "water's edge" loophole.

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News Release | U.S. PIRG | Budget

New Farm Bill Contains Massive Taxpayer Handouts To Big Ag, Last Minute Deal Removed Even Modest Taxpayer Savings

U.S. PIRG urges Congress to vote NO on the Farm Bill. At a time of supposed fiscal caution, this bill would put taxpayers on the hook for another five years of billion-dollar handouts to huge, profitable agribusinesses. Even the most modest reforms to trim subsidies for the largest players were stripped out or watered down at the last second by the chairs of the House and Senate Agricultural Committees.

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

Obama Plan to Close Corporate Loopholes, Invest in Infrastructure Promising, but Lacks Critical Details

In his State of the Union Address tonight, President Obama called for closing corporate tax loopholes and investing in infrastructure. His plan is promising, but lacks critical details.

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News Release | U.S. PIRG | Democracy

President Obama Highlights Importance of Strengthening American Democracy in 2014

In tonight’s State of the Union address, President Obama discussed the importance of strengthening American democracy both by amplifying the voices of ordinary citizens and by improving voter systems to increase participation.

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News Release | U.S. PIRG Education Fund and the Student PIRGs | Higher Ed

SURVEY SHOWS STUDENTS OPTING OUT OF BUYING HIGH-COST TEXTBOOKS

Today, a survey released by the U.S. PIRG Education Fund shows that 65% of student consumers have opted out of buying a college textbook due to its high price, and of those students, 94% say they suffer academically.

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News Release | U.S. PIRG | Food

Senate Farm Bill Continues Giant Giveaways to Big Agribusiness

The farm bill, just passed by the Senate, would keep the gravy train flowing for big agribusiness, locking in their unjustified corporate handouts for the next five years. The House needs to make serious changes to this legislation or reject it entirely.

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News Release | U.S. PIRG | Higher Ed

Interest Rates for 33,833 Student Loan Borrowers in Maine Set to Double on July 1

According to an issue brief released today by U.S. PIRG, the upcoming increase in student loan interest rates would hike the cost of Maine students’ loans by $31 million. That translates into a $910 increase in debt per student, per loan.

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Senate panel approves tighter oversight of compounding pharmacies but bill is under fire

Public health and consumer advocacy groups are attacking Senate legislation designed to tighten oversight of specialized pharmacies such as the one at the center of this past fall’s deadly meningitis outbreak, saying it does not adequately address health risks.

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News Release | U.S. PIRG | Public Health, Health Care

New Report Documents a Decade of Safety Violations by Compounding Pharmacies

The contaminated drug that caused last fall's fungal meningitis outbreak and killed 55 people is just the tip of the iceberg of an industry-wide problem, according to a new U.S. PIRG report. The meningitis outbreak was simply the latest and deadliest in a long line of errors and risky practices by compounding pharmacies.

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News Release | U.S. PIRG | Higher Ed

Students’ Statement in Support of the Student Loan Affordability Act of 2013

Today, Senators Harry Reid, Tom Harkin, Patty Murray, and Jack Reed introduced the Student Loan Affordability Act of 2013. This bill creates a workable solution to keep student loan interest rates low until 2015 while Congress seeks to reauthorize the Higher Education Act and reach a comprehensive solution to the student loan crisis that is good for students.

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Report | U.S. PIRG | Higher Ed

Recommendations for Reauthorization of the Higher Education Act

The state PIRGs have approached proposals for Reauthorization of the HEA from the perspective of making college affordable for students: our first series of policy proposals seek to assist students while they are in school, while our second series of proposals intend to deal with the problems too many student borrowers face after they leave school. In addition, we have included a section on the importance of strengthening consumer rights for students, as students are too often the prey of an aggressive and complex marketplace.

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Report | U.S. PIRG Education Fund | Democracy

Look Who's Not Coming to Washington 2002

Large contributions made by a small fraction of Americans unduly influence who can run for office and who wins elections in the United States. Without personal wealth or access to networks of wealthy contributors, many qualified and credible candidates are locked out of contention for federal office— often before voters have the opportunity to register their preferences.

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Report | U.S. PIRG | Consumer Protection

Trouble In Toyland 2002

The 2002 Trouble in Toyland report is the 17th annual Public Interest Research Group (PIRG) toy safety survey. PIRG uses its survey to educate parents and the general public about toy hazards. This report focuses on three main hazards associated with toys: choking, phthalates, and noise. We also conducted our second extensive survey of toys sold on the Internet.

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Report | U.S. PIRG | Higher Ed

Lending A Hand

The student loan industry, a $40 billion dollar-a-year market, is dominated by federally subsidized lenders. These lenders receive millions each year in subsidies from the federal government in addition to income from loan interest payments. This report documents the political spending of the five largest holders of federally subsidized student loans, namely Sallie Mae, the Student Loan Corporation of Citibank (a subsidiary of Citigroup), First Union National Bank, Wells Fargo Education Financial Services, and the National Education Loan Network (Nelnet).

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Report | U.S. PIRG Education Fund | Democracy

The Best Elections Money Can Buy

One of American democracy’s most pressing problems is that large contributions—which only a fraction of the American public can afford to make—unduly influence who can run for office and who wins elections in the United States. In 2000, 94 percent of the candidates who raised the most money won their general election contests.1 In the 2002 congressional primaries, 90 percent of the biggest fundraisers emerged victorious.

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Blog Post | Financial Reform

Consumer fraud summit today will be webcast | Ed Mierzwinski

UPDATE: LINK TO C-SPAN WEBCAST ARCHIVE (My PANEL here and entire event here.)

In times of financial calamity, fraudsters come out to take your last dollar. This afternoon U.S. Attorney General Eric Holder will host a consumer financial fraud summit (agenda) at Georgetown Law School near Union Station bringing together enforcers from the DOJ, FTC, state agencies and consumer groups. I'll be on a panel discussing business opportunity frauds. Other panels will be on elder fraud and tax scams. The event is free and open to the public and will be webcast.

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Blog Post | Public Health

BuckyBall Magnets Still A Danger to Children | Nasima Hossain

Magnets posing as a serious health hazard to children keep appearing in the news. Now with this latest incident in Portland, Oregon, where a three year old girl was rushed into emergency surgery after swallowing 37 tiny magnets, we urge parents if they have had a scary incident with a magnet to alert the Consumer Product Safety Commission through their website.

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Blog Post | Democracy

After Super Pac Tuesday: Dominant Donors, Apathetic Voters

A new WashingtonPost-ABC News poll shows that on Super Tuesday, those going to cast their ballots in the presidential primary are not particularly enthusiastic about any of the candidates. Why? There is a fundamental problem that explains much of the disconnect between the candidates and the rank-and-file voters: the fact is, voters did not choose these candidates -- donors did.

It has become clear over the course of this primary season that a candidate's super PAC's prowess in knocking down the competition is key to staying in the race. Yet a recent U.S.PIRG/Demos study found that of all itemized contributions to super PACs, 96% came in contributions of $10,000 or more from just 1,097 donors.

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Blog Post | Consumer Protection

Has Congress Forgotten Enron, Dutch Tulip Bubble Scandals? | Ed Mierzwinski

A misnamed package of legislation to weaken investor protection laws -- the so-called Jobs Act -- is speeding through the House this week. While some Senators are for parts of the package, the Senate is taking a closer look at whether rolling back the landmark investor protections known as the Sarbanes-Oxley Act enacted after the Enron and related accounting scandals is really the way to go.

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Blog Post | Consumer Protection

Some interesting consumer news of the week, in case you missed it | Ed Mierzwinski

An occasional update featuring important consumer stories you may have missed this week. This week, Occupy Wall Street joins clarion call for CFPB to reform the credit bureaus...Leading consumer columnist Michelle Singletary calls Google's practices "creepy"...Massachusetts official says "take state's money out of banks that don't comply with state laws requiring free accounts for young/old...FCC wants comment on cellphone shutdowns that affect First Amendment rights...and more.

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Priority Action

The overuse of antibiotics on factory farms is threatening these lifesaving medicines. Call on big restaurants to do their part and stop buying meat raised with critical antibiotics.

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