News Releases

News Release | Consumer Protection

Credit CARD Act Saves Consumers $12.6 Billion Annually

On May 22, the fifth anniversary of the Credit CARD Act of 2009, consumer advocates applaud the Act’s success in saving Americans billions of dollars in predatory and excessive fees. By one estimate, the CARD Act has saved consumers $12.6 billion annually in lower fees and interest charges; a recent report from the Consumer Financial Protection Bureau identifies nearly $4 billion annual savings in fees alone.

News Release | Maryland PIRG Foundation | Tax

Poll: Public Wants Federal Agencies to Disclose and Restrict Corporate Tax Write Offs for Out-of-Court Settlements

A new poll shows that Americans want federal agencies to better disclose information about out-of-court settlements with corporations and to restrict companies from writing off these payments as tax deductions.

News Release | Maryland PIRG | Tax

Offshore Tax Havens Cost Average Maryland Taxpayer $1,259 a Year, MD Small Business $4,118

As hardworking Americans file their taxes today, it’s a good time to be reminded of how ordinary taxpayers pick up the tab for the loopholes in our tax laws. Maryland PIRG released a new study which revealed that the average Maryland taxpayer in 2013 would have to shoulder an extra $1,259 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals.

News Release | Maryland PIRG Foundation | Consumer Protection

Report: Spirit Is Most Complained-About Airline

The report, “The Unfriendly Skies: Five Years of Airline Passenger Complaints to the DOT” analyzes complaints to the U.S. Department of Transportation’s Aviation Consumer Protection Division about major U.S. airlines from 2009-2013. The report found that most complaints are about delayed or canceled flights, which were the top complaint category each year and have trended upward overall.

News Release | Maryland PIRG Foundation | Tax

New Report: Maryland Receives a B- in Annual Report on Transparency of Government Spending

Maryland received a “B-“ when it comes to government spending transparency, according to “Following the Money 2014: How the 50 States Rate in Providing Online Access to Government Spending Data,” the fifth annual report of its kind by the Maryland PIRG Foundation.

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