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Corporate Welfare

Ohio House Bill 6 Would Hurt Consumers in the Buckeye State

Ohio lawmakers are considering raising consumer’s energy bills in the Buckeye State to bail out two unprofitable nuclear power plants which have been scheduled for shut down in two years. The nuclear plants are run by FirstEnergy Solutions (FES) which is filing for bankruptcy as part of a restructuring plan that will separate the business from its parent company, FirstEnergy Corp.

Ex-Im Bank Resurrected by Trump

For the first time since 2015, the U.S. Export-Import Bank can approve deals of more than $10 million, because the Senate confirmed three new members of its board of directors, giving the bank a required quorum needed to approve larger deals. Senators confirmed Kimberly Reed as bank president along with Judith DelZoppo Pryor and former Rep. Spencer Bachus (R-Ala.) on May 8, 2019.  The three nominees were all picked by the Trump administration.

Texas House Bill 3995 Would Hurt Consumers in the Lone Star State

It has been 20 years since the Texas legislature moved to end regulated energy rates and break up monopolies.  Texas now has twice the energy production of any other state, and electric prices are among the nation’s lowest.  Unfortunately, House Committee on State Affairs Chairman Dade Phelan (R-Beaumont) is attempting to set the clock back with his bill, HB 3995.

Senate Farm Bill helps largest 10% of farm operations

Despite the election year rhetoric about fiscal discipline and deficits, as well as  advancing free-markets and trade, many lawmakers have sided with the influential farm lobby to continue doling out multi-millions of dollars to corporate agribusinesses instead of protecting taxpayers and the small and medium farms that make up rural America. 

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