Sunday, October 11, 2009

New Link Added: Subsidyscope.

Added to right pane, and HERE.

A "Framing Paper" HERE explains the goals of this new site from Pew Trusts and the Sunlight Foundation. The kinds of subsidies that will be tracked at this site are:

"1. Direct Expenditures, including direct transfers of money, goods or services,
such as cash grants or the donation of government surplus. (This does not include
contracts for goods and services which are covered in a separate category below.) 2. Tax Expenditures, which lower the taxes certain parties pay the federal government by allowing special tax exemptions, deductions or credits.
3. Risk Transfers, which convey financial risk to the federal government through insurance agreements, loans, loan guarantees and similar instruments.
4. Government contracts for which the government pays more than fair market value for a good or service or provides a preference for certain types of businesses. For instance, the federal procurement system includes preferences for alternative fuel vehicles, and minority owned businesses."

Originally created and posted on the Oregon Housing Blog.

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