U.S. PIRG Budget061418

What's New

News Release | US PIRG Education Fund and Institute on Taxation and Economic Policy | Tax

Study: 73% of Fortune 500 Companies Used Offshore Tax Havens in 2016

A new study reveals the extent to which companies are using tax havens to avoid U.S. taxes and undermines the case for any tax proposal that would allow companies to repatriate their U.S. profits at a special low tax rate.

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Report | US PIRG Education Fund & Institute on Taxation and Economic Policy | Tax

Offshore Shell Games 2017

U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to paying taxes. Corporate lobbyists and their congressional allies have riddled the U.S. tax code with loopholes and exceptions that enable tax attorneys and corporate accountants to book U.S.-earned profits in subsidiaries located in offshore tax haven countries with minimal or no taxes. Often a company’s operational presence in a tax haven may be nothing more than a mailbox.

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News Release | Health Care

New health care executive order is a step in the wrong direction

Today, President Trump signed a new Executive Order that aims to loosen up rules for health insurance plans for individuals, families and small businesses. Though the administration touts the potential for lower-cost health insurance under looser rules, this action will not help American consumers. In fact, it is likely to make matters worse by destabilizing the markets Americans rely on for health coverage. American consumers need real action on health care costs, but this simply will not cut it.

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News Release | TexPIRG Education Fund | Public Health

TexPIRG Relieved That EPA Will Finally Secure Dangerous Superfund Site

The Environmental Protection Agency announced its plan today to finally clean up the toxic Superfund site known as the San Jacinto Waste Pits. The EPA’s decision comes after Hurricane Harvey flooded the site in August, releasing an unknown amount of contaminated soil into nearby floodwaters.

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News Release | Consumer Protection

REPORT: MORTGAGE ABUSES LEADING SOURCE OF OLDER CONSUMER COMPLAINTS TO CFPB

Mortgages were the leading source of 72,000 complaints to the Consumer Financial Protection Bureau from consumers 62 years of age and over, followed by complaints about credit reports and debt collection, according to a new report. Further, legislation passed by the House and awaiting Senate action intended to cripple the Consumer Bureau would place older consumers at greater risk of harm from financial scammers.

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News Release | U.S. PIRG | Consumer Protection

U.S. PIRG’s comment letter to the CFPB regarding its proposed rule about payday, car title, and high-cost installment loans

Today is the last day the CFPB is accepting public comments before the rule is finalized. We encourage comments in support of a strong rule here.

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News Release | U.S. PIRG Education Fund | Tax

Study: 73% of Fortune 500 Companies Used Tax Havens in 2015

In 2015, more than 73 percent of Fortune 500 companies maintained subsidiaries in offshore tax havens, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Collectively, multinationals reported booking $2.5 trillion offshore, with just 30 companies accounting for 66 percent of this total. By indefinitely stashing profits in offshore tax havens, corporations are avoiding up to $717.8 billion in U.S. taxes. 

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News Release | U.S. PIRG | Democracy

California Gov. Jerry Brown Signs Law Enabling Citizen-Funded Election Reforms

On Thursday, California Gov. Jerry Brown signed SB 1107 into law, enabling California cities, counties, and the state to enact small donor matching programs that amplify the voices of voters in local elections. Under a small donor empowerment system, candidates who voluntarily opt in and agree to turn down large contributions receive limited public matching funds for each small contribution they secure.

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News Release | U.S. PIRG & Friends of the Earth | Public Health

Olive Garden, Darden Restaurants under investor pressure to ditch routine antibiotics

Darden Restaurants, the nation’s largest restaurant company and owner of Olive Garden, is facing pressure from investors today at its annual shareholder meeting to eliminate the routine use of antibiotics in its supply chain, a practice that can fuel the spread of drug resistant bacteria.

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News Release | U.S. PIRG | Democracy

Shutdown Nears, Budget Bill Fails on Secret Money, Flint Concerns

On Tuesday, the Senate failed to pass a short-term budget bill to keep the government running due to opposition over a secret-money rider and a lack of federal funding to address the Flint water crisis. The proposed secret-money rider would prohibit the SEC from strengthening corporate disclosure laws by requiring transparency of secret political spending.

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Report | U.S. PIRG | Consumer Protection

Show Me The Money

This report updates a 1998 CFA survey on the consumer costs of payday lending and includes a survey of 230 payday lenders found in 20 states. It finds that payday lenders continue to make short term consumer loans of $100-400 at legal interest rates of 390-871% in states where payday lending is allowed. More disturbingly, the report finds that payday lenders are exploiting new partnerships with national banks to make payday loans in states, such as Virginia, where the loans are otherwise prohibited by usury ceilings or other regulations.

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Report | U.S. PIRG | Consumer Protection

Big Banks, Bigger Fees 1999

Over 12 million American families can't afford bank accounts. The rest of us are paying too much, especially if we bank at big banks. Meanwhile, in 1998 banks recorded nearly $62 billion in profits, an eighth straight record year.

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Report | U.S. PIRG | Democracy

Dirty Dollars, Dirty Air

This report documents the influence of the auto and oil industry on public policy and debates surrounding the control of pollution that causes smog, soot and global warming. It tracks the amount of campaign contributions made by the 164 largest companies in the automobile and oil industries and how those contributions influenced members of Congress on clean air issues.

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Report | U.S. PIRG Education Fund | Democracy

Pushing The Limit

At least five proposals to increase limits on contributions by individuals to congressional candidates -- either as stand-alone measures or as part of a package of campaign finance measures -- have been floated by important political groups and individuals in the past year. The following paper analyzes the likely impact of these proposals on which candidates get elected and on the power of wealthy interests vs. the general public in governmental decision making.

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Report | U.S. PIRG | Consumer Protection

ATM: Always Taking Money

This PIRG national survey, done in March 1999, compares surcharging practices at 336 banks and 31 credit unions to the results of PIRG's spring 1998 report, "Big Banks, Bigger ATM Fees."

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Blog Post | Transportation

The Shelter, the Fare, & the Bus: Three Options to Streamline Public Transit | Sean Doyle

When it comes to transportation, particularly public transportation, it can often seem like we’re stuck in the past – paying for a bus fare with cash or playing a guessing game with when the bus will arrive. But there are solutions to those problems available today. Here, the component parts of one such solution are broken down; individually, each would make using public transit easier, but in concert they could truly make a 21st century transportation system.

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Blog Post | Democracy

Super PAC Industry Grows 500% in Just Four Years

Five-hundred percent. According to a new report that’s how much spending by super PACs and outside groups has grown since the last presidential election. Across economic sectors, that kind of growth is unheard of.

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Blog Post | Public Health, Food

Noodles and Co. Leads to Save Antibiotics | Anya Vanecek

This expansion into meatballs, bacon, beef, and all chicken sends a powerful message: Raising livestock and poultry without routine antibiotics is both smart and possible.

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Blog Post | Consumer Protection

As CFPB Advances Consumer Protection, Attacks on CFPB Escalate | Ed Mierzwinski

This week, the CFPB took a major step toward establishing a regulation restricting the use of forced arbitration clauses in consumer financial contracts, which give companies what the CFPB's director said was a "free pass from being held accountable by their customers." Meanwhile, on Capitol Hill, powerful bank interests escalated their campaign to defund and defang the bureau, because it works for consumers, not them.

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News Release

Following pressure from lawmakers and groups such as U.S. PIRG and Environment America, the Environmental Protection Agency (EPA) agreed today to begin setting enforceable drinking water standards on two toxic per- and polyfluoroalkyl substances (PFAS).

Blog Post

EPA's national plan to address public health risks caused by PFAS chemicals fell far short of the actions that EPA has promised to take to protect public health, exacerbating a crisis occurring on military bases around the country.

News Release | U.S. PIRG Education Fund

The FDA investigation reinforces that our food isn't nearly as safe as it should be. This time, more than 60 people got sick from salads, probably because a company failed to sanitize the water used to grow its romaine lettuce.

News Release | U.S.PIRG

Sen. Sherrod Brown of Ohio has devised a creative way to ensure that Americans can maintain their quality of life, liberty and the pursuit of happiness as the nature of work changes.

News Release | U.S. PIRG Education Fund

The amount of money Americans owe on their cars is now at an all-time high -- up 75 percent since the end of 2009. Americans’ rising indebtedness for cars raises concerns about the financial future of millions of households as lenders extend credit to more and more Americans without the ability to repay, according to a new U.S. PIRG report.

Antibiotics

Stop the overuse of antibiotics

The World Health Organization has identified antibiotic resistance as one of the top 10 global health threats. That's why reducing antibiotic overuse in food production is so important.

 

Public Health

How safe is our food?

Our latest report examines recent food safety trends, case studies of national recalls, what they mean for our health, and what we should do about it. 

 

Antibiotics

The golden arches just raised the bar for responsible antibiotic use in meat production

McDonald’s, the largest purchaser of beef in the United States, has made a commitment to reduce medically important antibiotics use in its beef supply.

 

Consumer Protection

Congressional investigation concludes that Equifax breach was entirely preventable

The worst data breach in history could have been prevented with some basic security measures.

 

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