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

Record-Breaking JPMorgan Settlement Contains Protections for Taxpayers

Now that the DOJ has protected taxpayers by addressing the tax deductibility of the penalties, U.S. PIRG is calling on the agency to be fully transparent as to why the remainder of the settlement is deductible.  If the remaining $11 billion is fully deducted, taxpayers deserve to know why they will end up picking up the tab for almost $4 billion in lost revenue.

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

Baucus Corporate Tax Proposal Closes Loopholes, but Leaves Incentives to Shift Profits to Offshore Tax Havens

 

Statement of U.S. PIRG Tax and Budget Advocate Dan Smith on Senate Finance Committee corporate tax reform discussion draft.

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News Release | U.S. PIRG Education Fund | Consumer Protection

New Report Analyzes Complaints About Credit Bureaus

WASHINGTON— According to new analysis from the U.S. PIRG Education Fund, thousands of consumers with errors on their credit reports are getting relief through the Consumer Financial Protection Bureau (CFPB). The report also found that credit reporting agencies vary widely in how they respond to consumer complaints: Equifax responded to over half with relief, while Experian responded with relief to only 5 percent. 

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News Release | U.S. PIRG | Higher Ed

Students Endorse New Senate Plan for Affordable Textbooks

Earlier today, Senator Richard Durbin (IL) and Senator Al Franken (MN) introduced the “Affordable College Textbook Act” that aims to make textbooks more affordable for today’s college students.

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Media Hit | Budget, Tax

JPMorgan Settlement Truth in Advertising Sought on Taxes

An aspect of U.S. tax law is being criticized by some lawmakers and consumer groups concerned that it may be worth billions of dollars for JPMorgan Chase & Co in negotiations with the Department of Justice.

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News Release | U.S. PIRG | Food

House Poised to Approve Bill Continuing Giant Giveaways to Big Agribusiness

U.S. PIRG urges the House to vote NO on the Farm Bill scheduled to be voted on today. Like the Senate’s Farm Bill, this legislation would keep the gravy train flowing for big agribusiness, locking in their unjustified corporate handouts for the next five years.

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News Release | U.S. PIRG | Higher Ed

Statement on Today’s Senate Vote on Student Loan Interest Rates

Today, a minority in the Senate succeeded in blocking legislation to reverse the doubling of interest rates on subsidized Stafford loans for students who need to borrow for college this fall. There’s still time to reverse the rate increase for incoming students. Returning the rate to 3.4 percent is a vital first step to avoid further raising the cost of college for more than seven million students this year.

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News Release | U.S. PIRG | Public Health

US/EU Trade Negotiations Must Protect Consumers

With negotiators from the United States and European Union meeting for the first round of the Transatlantic Trade and Investment Partnership talks this week, U.S. PIRG called on them to resist special interest demands to eliminate important consumer health, safety, and financial protections. 

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News Release | U.S. PIRG | Democracy

Oregon is 16th State to Call to Overturn Citizens United

After a State Senate vote on July 1, Oregon became the 16th state to call for a constitutional amendment to overturn the Supreme Court’s Citizens United ruling and related decisions.

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News Release | U.S. PIRG | Higher Ed

Interest Rate Doubles for Seven Million Student Loan Borrowers

Due to Congressional inaction, the interest rate on federally subsidized student loans doubled today from 3.4 percent to 6.8 percent. The change will affect seven million students nationwide, and in total the rate increase will hike the cost of students' loans by $7 billion. However, because most new student loans are issued in August and September, Congress can still pass a retroactive fix.  

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Report | U.S. PIRG Education Fund | Health Care

Health Care in Crisis

Unless the new Congress and Administration act to reduce health care costs, the yearly cost of the average employer-paid family health policy in America is projected to more than double from $11,381 in 2006 to $24,291 by 2016 even after adjusting for inflation. If recent trends continue, wages and household incomes will simply not keep up with these high costs.

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Report | U.S. PIRG Education Fund | Budget, Transportation

Economic Stimulus or Simply More Misguided Spending?

President-elect Obama has declared that the next recovery plan must do more than just pump money into the economy. It will also create the infrastructure that America needs for the 21st century. This fall, Congress asked states to submit lists of “ready-to-go” transportation infrastructure projects that could be funded by the stimulus package.

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Report | MASSPIRG Education Fund | Budget

Transparency.gov 2.0

The ability to see how government uses the pub­lic purse is fundamental to democracy. Budget transparency checks corruption, bolsters public confidence in government, and promotes fiscal responsibility. Massachusetts, consistently ranked as a top state for technology industries, should be a natural leader of the Transparency 2.0 movement. But as more and more states upgrade their trans­parency systems, Massachusetts has fallen be­hind the emerging set of best practices.

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Report | MASSPIRG Education Fund | Budget

Transparency.gov 2.0

This report makes the case that in the course of upgrading government IT systems we must seize the opportunity to catch up with a nationwide movement of state and local government to en­hance budget transparency and thereby increase efficiency, accountability, and public trust.

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Report | U.S. PIRG Education Fund | Public Health

Trouble in Toyland

The 2008 "Trouble in Toyland" report is the 23rd annual Public Interest Research Group (PIRG) survey of toy safety. This report provides safety guidelines for parents when purchasing toys for small children and provides examples of toys currently on store shelves that may pose potential safety hazards. We visited numerous toy stores and other retailers to find potentially dangerous toys and identify trends in toy safety. This year, we focused specifically on toys that contain lead and phthalates in our research.

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Blog Post | Public Health

Happy 106th birthday to two landmark food safety laws! | Nasima Hossain

This week marks the 106th anniversary of the passage of the Pure Food and Drugs Act and the Federal Meat Inspection Act, two landmark pieces of consumer based legislation which established the modern food protection system as we know it.

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Blog Post | Financial Reform

Payday lenders seek "get out of regulation free" card | Ed Mierzwinski

Triple-digit APR payday lenders are spending some of their massive profits on a bad legislative proposal, HR 1909, to eliminate any oversight by either state governments or the Consumer Financial Protection Bureau and move them into the arms of the industry-friendly federal bank regulator known as the OCC. Being regulated by the OCC has been a "get out of regulation free" card for the banks, so why not join them?

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Blog Post | Consumer Protection

On the Internet, Everyone Knows If You're A Big Dog, Or Just A Dog | Ed Mierzwinski

A Wall Street Journal story today has everyone talking about how Internet sites use profiles and cookies to offer different customers different offers, or the same product for different prices. On the Internet today, everybody knows whether you're a big dog, or just a dog.

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Blog Post | Consumer Protection

CFPB launches searchable credit card complaint database today | Ed Mierzwinski

Joining agencies that regulate cars, toys and other consumer products, medical devices and airline service, today the Consumer Financial Protection Bureau rolls out a searchable online complaint database. The CFPB's new tool, for credit cards to start,  comes in the nick of time to help consumers who the LA Times warns may be tricked into automatically signing up for an over-priced junky Citibank add-on monitoring service.

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Blog Post | Food

A Farm Bill Boondoggle | Nasima Hossain

The U.S. Senate is on the verge of doubling down on the principle that billions of taxpayer dollars should go to making the largest, most profitable agribusinesses even more profitable.  And despite knowing that many of these subsidies underwrite junk food ingredients like high fructose corn syrup, some Senators are proposing not only to maintain, but actually to expand this wasteful spending. How could this be happening?

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Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Obama administration to put an end to the worst practices.

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