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  • Subsidies

    Top 10 Reads: July 7, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Addicted to subsidies – Derek Scissors Health-care legislation will take millions off the tax rolls – Brian Blase & Paul Winfree Tax hikes not needed to balance budget – Curtis Dubay … More

    Why Ethanol and Natural Gas Don’t Deserve Subsidies

    Two of the energy subsidy debates in Washington focus on tax credits for the ethanol and natural gas industries. The growing opposition to the $6 billion ethanol blender’s tax credit became quite clear when the Senate voted 73–27 to remove the subsidy—even though the credit is set to expire at … More

    Obamacare’s Premium Subsidies Will Stifle Small Business

    As small business goes, so goes the economy. They have been responsible for creating almost two-thirds of all net new jobs over the last 15 years. Indeed, one reason Obamacare is such a concern is that it will significantly reduce the incentive for small businesses to hire. Especially once the … More

    Reject All Energy Mandates: It’s Just Another Subsidy

    With cap and trade out of the realm of possibilities, Members of Congress have turned their attention to mandating so-called clean energy. Some Members hoped for a lame duck vote on a renewable electricity standard (RES), which would require that a certain percentage of our nation’s electricity production come from … More

    The Cost of Sugar Subsidies

    Even in a season characterized by candy canes and cookies waiting for Santa, protectionism, specifically the U.S. sugar program, hurts American consumers and workers. The U.S. sugar program provides a classic example of a special interest group benefiting from political connections, to the detriment of American consumers. The sugar program … More

    Obamacare Subsidies Are Not a Free Lunch

    Families USA is out with a new report, Lower Taxes, Lower Premiums: The New Health Insurance Tax Credit, which lauds the health insurance tax credits (subsidies) in Obamacare. But the report tells only half of the story. It is true that the tax credits will reduce the effective premium that … More

    No Loan Guarantee, No Nuclear? Not Quite

    The prospects for new nuclear energy in the U.S. were purportedly set back this weekend when Constellation Energy pulled out of the Calvert Cliffs 3 nuclear energy project in Maryland. They argued that the Department of Energy’s loan guarantee program was too expensive and complicated to be workable. No loan … More

    EPA’s New Rating System Encourages Poor Decisions

    The EPA recently proposed a new grading requirement for new car stickers. The A–D grading system would rank cars according to their fuel efficiency and carbon dioxide emissions to help consumers make better choices. In the new grading scheme, the Ford Focus gets a B and the Toyota Prius gets … More

    Emergency Spending Bill Not the Place for Energy Loan Guarantees

    Every special interest in Washington is looking to hitch on to what was supposed to be an emergency spending bill to provide critical funds for military and emergency response activities. While some may be legitimate programs, most are not an emergency and therefore should not be part of any such … More

    A Trade War Averted For Now

    On April 6, last minute action by the Obama administration averted a near trade conflict with Brazil concerning the trade-distorting U.S. cotton subsidy programs. With the provisional deal, the U.S. avoided about $830 million in trade sanctions on over 100 American exports targeted by Brazil.  Those retaliatory tariffs would have … More