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Media Hit | Tax

Enriquez, Visco: Tax deduction benefits BP in blast settlement

TexPIRG's recent editorial on corporate tax windfalls.

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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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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

TexPIRG calls on TxDOT to slow down on stimulus spending

A diverse group of anti toll-road activists, environmentalists, and public transportation activists from across Texas converged at the State Capitol to demand that Texas Department of Transportation (TxDOT) halt a plan to approve $1.7 billion in new highways without providing proper public review. The groups call on TxDOT, which is poised to approve the stimulus funding at their meeting on Thursday, to slow down and make sure that these transportation dollars are spent wisely.

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News Release | TexPIRG | Transportation

TexPIRG Calls on Governor Perry to Lead by Example as He Heads for NGA Meeting in Washington DC on Building a Sustainable Infrastructure

As Governor Perry prepares for the National Governors Association (NGA) Winter Meeting this weekend, TexPIRG today sent a letter calling on him to lead by example in creating jobs that fulfill those goals right here in Texas.

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News Release | TexPIRG | Health Care

New Report: Without Reform, Health Costs Will doubleEconomic Recovery Bill and Broader Health Reform Urgently Needed

Without action from Congress, premiums and deductibles for residents of Texas with employer provided insurance will nearly double by 2016, according to a new report released today by the Texas Public Interest Research Group.

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Media Hit | Transportation

Dallas Morning News: Texas lawmakers to weigh private road deals against tax increases

 Two years ago, lawmakers went to war with Gov. Rick Perry over his push to privatize Texas toll roads, but their efforts to stop the idea largely failed. As they return Tuesday to launch the 2009 legislative session, lawmakers will be faced with a choice of either raising taxes – which both Perry and Lt. Gov. David Dewhurst have called a bad idea – or giving private companies a greater role in paying for, and operating, a fast-expanding network of toll roads.The two-year moratorium on private road deals that passed in 2007 slowed but didn't kill Perry's plan to privatize toll roads. Construction on one project is set to begin soon in Austin, and private firms are readying bids in Dallas, Tarrant and other counties across Texas.

 

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News Release | TexPIRG | Transportation

New Study: Red Flags in Texas’ Transportation Stimulus Wish List

A new study of the Texas Department of Transportation (TxDOT) wish list, recently submitted to Congress for funding under a new economic recovery package, suggests that Texas’ current project list would undermine efforts to repair and modernize our deteriorating infrastructure and reduce U.S. dependence on oil.

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Defend the CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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