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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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Blog Post | Financial Reform

We Join FTC Event on Big Data E-Scores | Ed Mierzwinski

Companies on the Internet are tracking you with vastly powerful Big Data algorithms to determine what to sell you and for how much and what financial opportunities to offer you. Today at 10am, I join an FTC workshop on Alternative Scoring Products to debate the transparency and fairness of the system with privacy and technology experts from industry, academia and the public interest. You can attend or watch online.

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News Release | U.S. PIRG | Tax

States could save $1 billion with simple, proven method to curb offshore tax dodging, new study finds

State taxpayers across the country could save over $1 billion from a simple reform to crack down on offshore tax dodging, according to a new report.

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

What America Could Do With $150 Billion Lost to Offshore Tax Havens

Many corporations and wealthy individuals use offshore tax havens—countries with minimal or no taxes—to avoid paying $150 billion in U.S. taxes each year. By shielding their income from U.S. taxes, corporations and wealthy individuals shift the tax burden to ordinary Americans, who must pick up the tab in the form of cuts to public services, more debt, or higher taxes. The $150 billion lost annually to offshore tax havens is a lot of money, especially at a time of difficult budget choices. To put this sum in perspective, we present 16 potential ways that income could be used.

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

Trouble in Toyland 2012

The 2012 Trouble in Toyland report is the 27th annual U.S. Public Interest Research Group survey of toy safety. In this report, U.S. PIRG provides safety guidelines for consumers when purchasing toys for small children and provides examples of toys currently on store shelves that may pose potential safety hazards.

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Report | Ohio PIRG Education Fund | Transportation

Eight Questions about the Future of the Ohio Turnpike

Ohio Governor John Kasich has touted privatization plans for the Ohio Turnpike as a possible way to fund roadway projects around the state that have been stalled by deep budget cutbacks he signed to highway and bridge construction. Ohioans must make sure that eight basic questions have been fully addressed to ensure that fair comparisons are made and hidden costs are considered.

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Report | U.S. PIRG Education Fund | Financial Reform

Big Banks, Bigger Fees

Over the last six months, state PIRG staff conducted inquiries at 250 bank and 116 credit union branches in 17 states and the District of Columbia and reviewed bank fees online in these and 7 other states. They found that free checking remains available at more than 6 out of 10 small banks and credit unions but was only found at one-quarter of surveyed big banks (those with over $10 billion in deposits).

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Report | U.S. PIRG Education Fund, Demos | Democracy

Distorted Democracy: Post-Election Spending Analysis

A new analysis of data through Election Day from the Federal Election Commission (FEC) and other sources by U.S. PIRG and Demos shows how big outside spenders drowned out small contributions in 2012: just 61 large donors to Super PACs giving an average of $4.7 million each matched the $285.2 million in grassroots contributions from more than 1,425,500 small donors to the major party presidential candidates. 

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Blog Post | Democracy

New Wisconsin Bill Would Let the People Decide On Citizens United

Two state legislators have introduced legislation that, when passed, will bring a question to the 2014 ballot on overturning Citizens United and eliminating big money in elections.

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Blog Post | Consumer Protection

Weird Big Bank Trick Raises Price of Beer and Soda | Ed Mierzwinski

UPDATED: August 8. Many of Enron's schemes involved sham transactions with itself that the SEC alleged had "no economic substance."  Taking a page from Enron's book, mega-bank Goldman Sachs is now moving tons of aluminum around and around its Detroit warehouses in similar transactions without apparent economic substance except to increase Goldman profits while raising costs of beer, soda and other goods relying on aluminum, delaying deliveries and disrupting aluminum markets. At a Senate hearing on the practice, Senator Elizabeth Warren (MA) said: "This movie will not end well."

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Blog Post | Public Health

FDA’s BPA Ban: A Small, Late Step in the Right Direction | Jenny Levin

Last week the FDA announced a ban on the toxic chemical bisphenol-A (BPA) from infant formula packaging. The rule change should provide some comfort to parents — however, it also showcased the FDA’s sluggish pace of action, and demonstrates to states that they shouldn’t wait for federal action to move forward with public health rules on their own.

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Blog Post | Financial Reform

Banks, Not CFPB, Spy On Consumers | Ed Mierzwinski

As a Tuesday, July 16th Senate showdown vote on the confirmation of Richard Cordray to direct the CFPB approaches, consumer protection opponents continue to make stuff up, such as their latest false claim that its use of data equates it with the NSA. Actually, it's the banks, not the CFPB, spying on consumers.

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Blog Post | Public Health

European Trade Talks Threaten Our Health and Safety | Nasima Hossain

Talks on the European and U.S. trade agreement start this week and are being hailed by both sides as a way to strengthen their lagging economies. But for consumers, lowered trade barriers too often mean the crippling of vital public health and safety rules.

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The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Food and Drug Administration to put an end to the worst practices.

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