News Releases

News Release | OSPIRG | Tax

First Step to Avoid the Fiscal Cliff: Close Offshore Tax Loopholes

With Congress scrambling to agree on ways to reduce the deficit, OSPIRG released a new analysis, pointing out a clear first step to avoid the “fiscal cliff”: closing offshore tax loopholes. OSPIRG’s data illustrates the size of the revenue lost when corporations don't pay their taxes, with 16 dramatic ways the $150 billion a year could be spent.

News Release | OSPIRG | Consumer Protection

New Survey Shows Banks Still Hiding Fees from Consumers

A survey of hundreds of banks and credit unions in 24 states and the District of Columbia found that fewer than half of branches obeyed their legal duty to fully disclose fees to prospective customers on the first request, while 12% provided no fee information at all. The surveys conducted in Oregon show that just over half of branches complied, while 15% did not provide any fee information at all.

News Release | OSPIRG | Democracy

Post Election Update---Distorted Democracy: Big Money and Dark Money in the 2012 Elections

A new analysis of data through Election Day from the Federal Election Commission (FEC) and other sources by OSPIRG and Demos shows how big outside spenders drowned out small contributions in 2012: just 61 large donors to Super PACs giving on average $4.7 million each matched the $285.1 million in grassroots contributions from more than 1,425,500 small donors to presidential candidates.

News Release | OSPIRG | Democracy

Distorted Democracy: Big Money and Dark Money in the 2012 Elections

A new analysis of pre-election data from the Federal Election Commission (FEC) and other sources by OSPIRG and Demos shows that outside spending in the first presidential election since Citizens United is living up to its hype: new waves of “outside spending” have been fueled by dark money and unlimited fundraising from a small number of wealthy donors.

News Release | OSPIRG | Consumer Protection

Higher Bank Fees Now the Norm for Consumers

New report confirms what consumers already know – bank fees are increasing and free checking accounts are harder to find.

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