News Releases

News Release | Budget, Food

Ag Subsidies Pay for 19 Twinkies per Taxpayer, But Only a Quarter of an Apple Apiece

Philadelphia, PA – Federal subsidies for commodity crops are also subsidizing junk food additives like high fructose corn syrup, enough to pay for 19 Twinkies per taxpayer every year, according to Apples to Twinkies, a new report by PennPIRG. Meanwhile, limited subsidies for fresh fruits and vegetables would buy less than a quarter of an apple per taxpayer.

News Release | PennPIRG and National Taxpayers Union | Budget

Unlikely Allies Uncover $1 Trillion in Savings for Super Committee

PHILADELPHIA, PA - As the Congressional “Super Committee” begins its search for $1.5 trillion in deficit reduction, a new study released today by the Pennsylvania Public Interest Research Group (PennPIRG) and the National Taxpayers Union (NTU) provides the panel with a great place to start: more than $1 trillion of spending cuts with appeal from across the political spectrum.

 

New Consumer Agency Takes Over Thursday as Nation’s Consumer Bank Cop

Philadelphia, PA—Leading consumer groups today announced the results of a poll showing that an overwhelming majority of likely voters both support a new consumer agency (74%) and want Wall Street held “accountable” (77%), along with a report documenting “10 reasons” consumers need the new Consumer Financial Protection Bureau.  The Bureau will take over enforcement of all major consumer laws on Thursday, July 21. The groups called for the Senate to vote to confirm former Ohio Attorney General Rich Cordray as its director, so that the CFPB is able to fulfill the promise of consumer financial protection.

News Release | Budget, Tax

Offshore Tax Havens Cost Pennsylvania Taxpayers $464 a Year

PHILADELPHIA, April 18– Major corporations and some individuals avoid a total of as much as $100 billion a year in federal taxes by “off-shoring” the profits they make here in the U.S. or by setting up sham headquarters in tax haven countries. As a result, Pennsylvania taxpayers are left footing the bill.

New Survey Shows Banks Still Hiding Fees from Consumers

PHILADELPHIA, April 12 – A survey released today by the Pennsylvania Public Interest Research Group of more than 350 bank branches revealed that fewer than half of branches obeyed their legal duty to fully disclose fees to prospective customers, while one in four provided no fee information at all.

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