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Our Take

Senate Energy and Water Spending Bill Held in Committee

August 06, 2014

Senate Energy and Water Spending Bill Held in Committee In June, the Senate Appropriations Committee scheduled a markup of the chamber’s FY2015 Energy and Water Appropriations bill only to pull it... Read More

Our Take

New Loan Guarantee Solicitation for Renewable Energy and Energy Efficiency Projects Issued

August 28, 2014

New Loan Guarantee Solicitation for Renewable Energy and Energy Efficiency Projects Issued On July 3, the Department of Energy (DOE) issued a new, expanded $4 billion solicitation for both renewable energy and energy efficient... Read More

Our Take

GAO Report: Renewable Fuel Standard Costs Outweigh Benefits

August 12, 2014

GAO Report: Renewable Fuel Standard Costs Outweigh Benefits A new Government Accountability Office (GAO) report reviewed seven Environmental Protection Agency (EPA) Regulatory Impact Analyses (RIAs) and found... Read More

Press Releases

Budget Watchdog Documents Low Federal Effective Tax Rates for Large Oil and Gas Companies

July 31, 2014

Effective Tax Rates of Oil and Gas Companies: Cashing in on Special Treatment report finds variety of special tax provisions allows companies to defer billions in taxes... Read More

Our Take

DKRW Again Seeking a Loan Guarantee as a Last Resort

July 18, 2014

DKRW Again Seeking a Loan Guarantee as a Last Resort Recently, executives from DKRW Advanced Fuels have said they plan on visiting officials at the Department of Energy (DOE) in the near future... Read More

Our Take

Senate Appropriations Committee Approves Nearly $550 Billion Spending Bill

July 18, 2014

Senate Appropriations Committee Approves Nearly $550 Billion Spending Bill This week the Senate Appropriations Committee took up the Pentagon spending bill for fiscal year (FY) 2015. When all was said and done, the... Read More

Letters & Testimony

Letter to Senate Appropriations Committee: Reject more funding for F-35

July 17, 2014

This week the Senate Appropriations Committee began its consideration of H.R. 4870, the appropriations bill for the Department of Defense... Read More

Our Take

Government Report: Further Delays May Be In Store for Vogtle Project

July 16, 2014

Government Report: Further Delays May Be In Store for Vogtle Project The project to build two nuclear reactors for the Georgia-based Plant Vogtle, owned by Georgia Power and its partners, faces many challenges... Read More

Our Take

Energy and Water Bill Passes House

July 16, 2014

Energy and Water Bill Passes House On Thursday, the House approved a $34 billion energy and water spending bill, providing funding for projects ranging from water development... Read More

Our Take

USEC Bankruptcy Filing Approved: Company to Proceed With Debt Restructuring Plan

July 14, 2014

USEC Bankruptcy Filing Approved: Company to Proceed With Debt Restructuring Plan Over the past two weeks, the value of the United States Enrichment Corporation’s (USEC) stock has fluctuated significantly, rising from... Read More

TCS appearances in the media

Military Guns Used by Local Police Across the Country Are Missing

September 02, 2014 | ABC News

Some police forces are not keeping track of high-powered weapons and the fear is they could end up in the wrong hands.  

$2.2M Wind Turbine at Veterans Affairs Site Idle

September 02, 2014 | Associated Press

ST. CLOUD, Minn. — A $2.2 million wind turbine at a Department of Veterans Affairs facility in St. Cloud has been broken for years, and... Read More

Who Pays to Take Out the Islamic State?

August 29, 2014 | U.S. News & World Report

At a recent press briefing in the Pentagon, U.S. Secretary of Defense Chuck Hagel and Chairman of the Joint Chiefs of Staff Army Gen. Martin... Read More

More in-depth material from TCS

TCS Comments to USDA on New Income Entitlement Programs

August 28, 2014

TCS Comments to USDA on New Income Entitlement Programs TCS sent official comments to the U.S. Department of Agriculture about new crop insurance provisions and shallow loss entitlement programs in the 2014 farm bill. ... Read More

Fact Sheets

Shallow Loss Programs May Surpass Cost of Old Subsidy Schemes

August 12, 2014

Shallow Loss Programs May Surpass Cost of Old Subsidy Schemes The 2014 farm bill created new income entitlement programs for agribusinesses, referred to as “shallow loss” subsidies. The three programs - Agriculture Risk Coverage (ARC), Supplemental Coverage Option (SCO), and Stacked Income Protection Plan (STAX) – are intended to kick in when revenue drops as little as ten percent from a predetermined level. ... Read More

Reports & Data

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment

July 30, 2014

Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment From 2009 through 2013, large U.S.-based oil and gas companies paid far less in federal income taxes than the statutory rate of 35 percent.... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

August 28, 2014

Subsidies Keep the Good Times Rolling

Anybody road tripping through the Corn Belt this Labor Day can’t miss the obvious signs of farm profitability.... Read More

Quote of the Week:
"There are lot of instructions written into an appropriations bill to tell the executive agencies how to spend the money and what restrictions they have on them, and you can’t change that with a continuing resolution. Congress’ power of the purse is perhaps its greatest strength — it’s the legislative branch giving marching orders to the executive branch. And by not passing appropriations bills they lose that, [lawmakers] diminish that."