As a researcher, and a as co-director of watchdog group that have both worked to draw attention to the significant subsidies and tax breaks that are lavished on the fossil fuel industry, we are eager to see elected officials take notice of this waste of taxpayer money, especially as the President and Congress work to address the fiscal cliff disaster. That is why we are pleased that a member of Congress with an important platform has recently joined us in this conversation to review fossil fuels’ role in distorting the free market for energy.
Government Accountability Office
Senate happy to routinely extend $30b in tax breaks; not so happy to assess whether the subsidies do what they were supposed to
One important provision dropped from the Senate's "compromise" tax bill was a requirement that the the Joint Committee on Taxation and the Government Accountability Office actually evaluate tax provisions regularly "extended": by Congress to see if they are accomplishing what they were originally intended to accomplish.