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Media Hit | Food

Michigan Messenger: Ag subsidies blamed for obesity epidemic

Gov. Rick Snyder’s campaign to reduce obesity may be impeded by federal agricultural subsidies that make junk food cheaper than fruits and vegetables. In a new report — Apples to Twinkies: Comparing Federal Subsidies of Fresh Produce and Junk Food — the Public Interest Research Group in Michigan finds that between 1995 and 2010 Americans spent over $260 billion on agricultural subsidies, with most of the money going to commodity crops like corn and soybeans, which are processed into high fructose corn syrup and oil and used in snack foods.

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Report | PIRGIM Education Fund | Food

Apples to Twinkies

The rise in childhood obesity has many causes, but one of the most important is the increased prevalence of high-fat, heavily sweetened junk food.  And shockingly, American taxpayers are spending billions to subsidize junk food ingredients, making the problem worse.

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Result | Food

Researching How Tax Dollars Become Twinkies

PIRGIM research found that since 1995, $17 billion in agricultural subsidies have gone to corn syrup and other junk food ingredients. That’s enough to buy 2.8 billion Twinkies, and vastly more than has gone to apples and other fresh fruits and vegetables.

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Report | U.S. PIRG | Financial Reform

Ten Reasons Why We Need the Consumer Financial Protection Bureau Now

For years leading up to the 2008 financial collapse, federal bank regulators ignored numerous warnings of increasingly predatory mortgage practices, credit card tricks and unfair overdraft policies used by banks. The banks were earning billions from “gotcha” practices. Incredibly, bank regulators actively encouraged this behavior, arguing it was profitable and kept banks safe. No regulator cared about its other (and, to them, secondary) job: enforcing consumer laws.

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Media Hit | Tax

Daily Tribune: Corporate tax protesters gather at Royal Oak post office

Taxpayers gathered at the Royal Oak post office today to call for closing loopholes they say allow 83 of the 100 largest corporations in America to avoid an estimated $100 billion a year in taxes by hiding their profits overseas.

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