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Blog Post | Consumer Protection

CFPB says 1 in 5 credit scores sold to consumers have "meaningful" differences from scores lenders useDeirdre CummingsEd Mierzwinski

The CFPB has confirmed what consumer advocates have been saying all along. Credit scores heavily marketed to consumers aren't the same as those used by lenders; at least 1 in 5 consumer scores have "meaningful" differences and that "score discrepancies may generate consumer harm." That's why we call them FAKO scores.

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News Release | MASSPIRG | Health Care

Leading consumer, health care and senior and community advocates strong opposition to regulations approved today by the Department of Public Health.

Drug companies are free to ply doctors with lavish multi-course meals and drinks, paid for by pharmaceutical industry marketing budgets, and ultimately tacked on to the price of prescriptions

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Media Hit | Budget, Tax

We Need A Win

By their very nature, anonymous shell corporations are a problem that remains under the radar. Anyone can easily set up an anonymous corporation, but Massachusetts, as well as Connecticut and Maine, are uniquely positioned to play a key role in shutting them down.

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Blog Post | Consumer Protection, Financial Reform

It happened 4 years ago this weekend, and Congress has already forgottenDeirdre CummingsEd Mierzwinski

Four years ago, on September 14-15, 2008, the Lehman Brothers investment bank declared bankruptcy while Bank of America acquired another foundering investment bank, Merrill Lynch -- major events that froze the financial markets and led in a few days to a $700 billion bailout of the financial system. Just four years later, some in the Congress have forgotten that real people and the economy are still suffering from the financial collapse, as it steps up Wall Street-backed efforts to prevent regulators from protecting the public.

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Media Hit | Budget, Food, Tax

Farm Bill needs to Cut the Fat

Of the $277 billion spent on agricultural subsidies since 1995, 75 percent of the total went to just 3.8 percent of U.S. farmers, skewed towards the largest farms — not small family farms. Massachusetts consumers’ share of the cost for junk food subsidies is about $22.6 million each year on average, compared with just under $800,000 in subsidies for apples. That’s enough to buy 61 million Twinkies, but only 1.6 million apples.

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News Release | T4MA | Transportation

MBTA proposals don’t solve the problem

Statement of MASSPIRG Staff Attorney, Lizzi Weyant, on the MBTA’s new recommendations for closing its FY13 budget gap.

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Media Hit | Tax

Boston Globe - State tax code reforms are long overdue

Legislative Director, Deirdre Cummings, responds to “Panel to urge fewer tax breaks’’ as it perfectly illustrates the need for significant reform in the state tax code.

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News Release | MASSPIRG Education Fund | Democracy, Tax

Thirty Companies Contribute $41 Million to 524 Members of Congress, Receive $10.6 Billion in Tax Rebates

A new report released Wednesday, March 21st by MASSPIRG Education Fund and Citizens for Tax Justice (CTJ) found that thirty tax dodging corporations have made campaign contributions to 524 (98%) sitting members of Congress, and disproportionately to the leadership of both parties and to key committee members

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News Release | MASSPIRG | Budget, Tax

Ryan Budget a Windfall for Special Interests, Devastating to Public Priorities

Statement of MASSPIRG Legislative Director on the Federal FY 2013 budget proposed by Chairman Paul Ryan (Wisconsin) of the House Budget Committee.

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News Release | MASSPIRG | Solid Waste

Legislature Delays on Bottle Bill Again

While it may be the first day of spring on the calendar, the Legislature stopped the clock today when the massively popular Updated Bottle Bill was stalled once again. The Joint Committee on Telecom, Utilities and Energy, chaired by Rep. John Keenan of Salem and Sen. Ben Downing of Pittsfield,  ‘extended’ their review of the Bottle Bill until 6/15/12, almost one full year after the public hearing where it was considered, and  just weeks before the end of the session.  

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