News Releases

News Release | US PIRG | Tax

U.S. PIRG Statement on House Tax Bill

Below is a statement from U.S. PIRG Program Advocate Michelle Surka on the proposed House tax bill's impacts on our debt:

“The Tax Cuts and Jobs Act, introduced this morning in the House, is an exercise in fiscal recklessness, exploding the budget deficit while failing to close the biggest tax loopholes and relying on gimmicks to obscure the impact on the national debt. Rather than make prudent trade-offs to achieve the President's promised tax cuts, this bill twists itself into knots attempting to distract from the bottom line: it will add trillions to our deficit."

News Release | Consumer Protection

U.S. PIRG CONSUMER ADVOCATE MIKE LITT TESTIFIES AT CONGRESSIONAL HEARING ON EQUIFAX

Our Consumer Advocate, Mike Litt, was invited by Congresswoman Maxine Waters, Ranking Member of the House Financial Services Committee, to testify this week at a Congressional hearing on the Equifax data breach. This was a continuation of the committee's previously held hearing on October 5th entitled "Examining the Equifax Data Breach."

News Release | TexPIRG | Transportation

Austin Environmental Leaders Call for Bold Change in CodeNEXT to Stop Sprawl and Protect the Environment

AUSTIN, TEXAS — A group of prominent local environmental advocates is calling upon Austin’s leaders to adopt a CodeNEXT that promotes the compact and connected development necessary to stop sprawl, reduce car-dependency and protect Austin’s environment as the city continues to grow.

“Austin’s current Land Development Code actively encourages low-density, sprawling development that consumes more energy, water and land than compact urban development, while also generating more greenhouse gas emissions,” said Luke Metzger, Director of Environment Texas. “There is no environmental case to be made for sprawl.”

 

“It’s a real chance to decongest our roadways. I don’t know about you, but I’m tired of the stop start traffic to and from work every day,” says Bay Scoggin, Director of the Texas Public Interest Research Group (TexPIRG). “A compact city is a more connected, walkable city, and if we continue to invest in public transportation, we have a real opportunity to grow our city in a way that works for everyone, because let’s be real, nobody likes traffic.”

News Release | TexPIRG Education Fund | Tax

STUDY: MOST FORTUNE 500 COMPANIES USED TAX HAVENS IN 2016

In 2016, 73 percent of Fortune 500 companies – including 37 headquartered in Texas- maintained subsidiaries in offshore tax havens, according to “Offshore Shell Games,” released today by TexPIRG Education Fund and the Institute on Taxation and Economic Policy. Collectively, multinationals reported booking $2.6 trillion offshore, with just 30 companies accounting for 68 percent of this total, and just four companies accounting for a quarter of the total.

 

“With Congress looking to pass tax cuts that would cost upwards of $5 trillion, it’s all the more unacceptable to leave open these absurd loopholes and gimmicks for the biggest multinational corporations,” said Bay Scoggin, director of TexPIRG. “Tax reform should inject common sense into our tax code, and it shouldn’t balloon our deficit. Closing tax haven loopholes would both eliminate some of the most ridiculous tax gaming and it could help pay for the cost of tax cuts.”

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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