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Forum: Why reward polluters with tax credits?

Three years ago, when oil was still spurting into the Gulf and BP was touting the billions of dollars it set aside for claims and the cleanup, the oil giant was also preparing to deduct the price of the disaster as an “ordinary and necessary” cost of doing business.

BP managed to write off the cost of its $32 billion cleanup and collect a $10 billion federal tax windfall for the spill.

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Report | TexPIRG Education Fund

Food Safety Scares 2013

Over the past few years, Americans have grown accustomed to seeing headlines about tainted food being recalled and pulled off store shelves. These high-profile recalls leave many Americans wondering whether enough is being done to reduce the risk of contaminated food and foodborne illness. And they are right to do so—48 million people get sick from eating tainted food each year, and despite significant costs to our economy and Americans’ public health, the number of such illnesses, particularly from Salmonella, has remained stagnant for at least 5 years.1

 

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Private Loans, Public Complaints

The current debt on private student loans in the United States is estimated at $165 billion. Here in Texas student borrowers carry an average of $22,000 in debt. The Consumer Financial Protection Bureau is collecting complaints on those private student loans.

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News Release | TexPIRG | Transportation

Report Examines Whether High-Speed Rail Should Be Public, Private or Both

A first-of-its-kind report released today examines whether high-speed rail should be public, private or both. The research report released by TexPIRG examines the experience with public-private partnerships for high-speed rail in other countries.  In addition to outlining the promises and pitfalls, the report recommends ten principles to protect taxpayers and the public under private financing deals.

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News Release | TexPIRG | Financial Reform

Historic Wall Street Reform Ready For Final Passage

Responding to the worst financial crisis since the Great Depression, the Senate this morning passed a motion to proceed (“cloture vote,” with 60 “Yes” votes required) on the Wall Street reform legislation.

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News Release | TexPIRG | Health Care

New Health Exchange Rules put States in the Driver's Seat

Statement of TexPIRG Advocate Melissa Cubria on today’s release of federal exchange regulations.

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Media Hit | Transportation

Fort Worth Weekly: Fire Sale

Over the last decade, the debacle of the Trans-Texas Corridor made the phrase “private toll roads” dangerous territory for any Texas politician. The plan to create massive toll-road corridors across the state, with foreign companies in charge and millions of acres of real estate at risk of being taken by eminent domain, drew furious grassroots opposition across the political spectrum. That backlash eventually killed the project — but not exactly with a stake through its heart. One bill now sitting on Gov. Rick Perry’s desk would authorize a slew of new privately operated toll roads across the state. Ironically, the “sunset” legislation was supposed to reform the Texas Department of Transportation, which got in hot water particularly because of the corridor proposal.

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News Release | TexPIRG | Transportation

New Report: Texas’ Seniors Will Face Poor Mobility Options

The first baby boomers turn 65 years old this year and seniors in Houston are in danger of being unable to get around. The largest generation in history, Boomers are also the most dependent on automobile travel. Yet by 2015, 68% of seniors ages 65 and older in the Houston area will live in communities with poor options for people who do not drive, according to a new report.

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Report | TexPIRG | Health Care

Building a Better Health Care Marketplace

Policy Brief #6: The Exchange and Public Programs: While the exchange represents a significant new opportunity for states to improve the quality and affordability of health insurance, it is only one piece of the larger health care landscape.  Public programs, including Medicaid and the Children’s Health Insurance Program (CHIP), will continue to play a significant role, and the way they interact with the exchange will be important to the success of both.

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Report | TexPIRG | Health Care

Building a Better Health Care Marketplace

Policy Brief #5: Driving Quality and Cost Improvements through the Exchange: A health care exchange that pools its enrollees’ bargaining power will help give consumers a better deal on their coverage, but it will need to do more to get the unsustainable rise in health care costs under control.

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Report | TexPIRG | Financial Reform

Big Banks, Bigger Fees

Since Congress largely deregulated consumer deposit (checking and savings) accounts beginning in the early 1980s, the PIRGs have tracked bank deposit account fee changes and documented the banks’ long-term strategy to raise fees, invent new fees and make it harder to avoid fees.

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Report | TexPIRG | Tax

Tax Shell Game

Tax havens are countries with minimal or no taxes, to which U.S.-based multinational firms or individuals transfer their earnings to avoid paying taxes in the United States. Users of tax havens benefit from access to America’s markets, workforce, infrastructure and security, but pay little or nothing for it—violating the basic fairness of the tax system. Abuse of tax havens inflicts a price on other American taxpayers, who must pay higher taxes—now or in the future—to cover the government’s revenue shortfall, or must deal with cuts in government services.

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Report | TexPIRG | Health Care

Building a Better Health Care Marketplace

Policy Brief #4: Ensuring Exchange Stability and Protecting Against Adverse Selection: The idea of creating health insurance purchasing pools, like those called for in the Affordable Care Act, is not a new one. In the past, many states have experimented with creating such pools, and their experience has shown that mechanisms like the exchange can succeed at improving choice and holding down costs.

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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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