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News Release | OSPIRG | Transportation

OSPIRG Endorses Ballot Measure 24-388

The public interest group OSPIRG (Oregon State Public Interest Research Group) urged local voters in the Cherriots transit district to approve a measure to restore weekend and evening bus service. 

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News Release | U.S. PIRG | Consumer Protection

PIRGs, Others Ask CFPB & FTC To Investigate Experian/T-Mobile Data Breach

In a letter sent today, a number of state PIRGs and other leading privacy and consumer groups urged the CFPB and FTC to fully investigate the recent breach of an Experian subsidary that exposed 15 million T-Mobile customer and applicant records to the threat of new account identity theft. The letter asked whether the regulators could require Experian and the other two nationwide credit bureaus -- TransUnion and Equifax -- to give victims free security freezes to protect their credit reports.

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Blog Post | Consumer Protection

As CFPB Advances Consumer Protection, Attacks on CFPB Escalate | Ed Mierzwinski

This week, the CFPB took a major step toward establishing a regulation restricting the use of forced arbitration clauses in consumer financial contracts, which give companies what the CFPB's director said was a "free pass from being held accountable by their customers." Meanwhile, on Capitol Hill, powerful bank interests escalated their campaign to defund and defang the bureau, because it works for consumers, not them.

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News Release | OSPIRG Foundation and Citizens for Tax Justice | Tax

Study: 72% of Fortune 500 Companies Used Tax Havens in 2014

Portland, October 6 – Tax loopholes encouraged more than 72 percent of Fortune 500 companies –including Nike based here in Oregon– to maintain subsidiaries in offshore tax havens as of 2014, according to “Offshore Shell Games,” released today by OSPIRG Foundation and Citizens for Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 65 percent of the total, or $1.35 trillion.

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Report | OSPIRG Foundation and Citizens for Tax Justice | Tax

OFFSHORE SHELL GAMES 2015

U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to the tax code. Rather than paying their full share, many multinational corporations use accounting tricks to pretend for tax purposes that a substantial portion of their profits are generated in offshore tax havens, countries with minimal or no taxes where a company’s presence may be as little as a mailbox. Multinational corporations’ use of tax havens allows them to avoid an estimated $90 billion in federal income taxes each year.

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Media Hit | Tax

Group says Corporate Tax Subsidies Need Justification

A new report released today by OSPIRG says more needs to be done to prove that corporate tax subsidies provide enough value to the public.

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Media Hit | Tax

Group Wants More Details In Tax Data

An Oregon consumer group says that data on the state’s corporate tax subsidies needs to be more detailed to demonstrate the public good.

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Media Hit | Tax

OSPIRG Examines Tax Credits, Sees Little Benefit

Approving tax credits is a little bit like continuing to drink after you know you've had enough—it seems like a good idea at the time but can be hard to justify in the cold light of sobriety.

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Media Hit | Health Care

State of the rates

As any small business or individual who pays for health insurance can tell you, it hasn't been easy. Far from it, what with 20 percent rate hikes and a terrible economy.

But thanks to new rules to crack down on excessive health insurance rate hikes – and the greater scrutiny that has followed – consumers have reason for cautious optimism.

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News Release | OSPIRG | Financial Reform

State, Federal Settlement of Robo-Signing Claims with Big Banks is Important First Step

Banks will make $25 billion down payment on penalties owed American people, but can still be held accountable for other violations.

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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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