Here’s the First Company to Ever Disclose CEO-to-Worker Pay Ratio While Citing the Dodd-Frank Provision

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 required companies to begin disclosing the pay ratio between CEOs and the median pay of company employees.  Four years of struggle ensued, with many corporations arguing the disclosure would be costly if it could be done at all. The SEC has yet to issue a final rule, but is expected to soon, calling for disclosure to begin for all companies starting in 2016.

read in full

Number of Children Benefiting from Federal Low-Income Child Care Program at a 15 Year Low

The number of children receiving child care funded by the Child Care and Development Block Grant (CCDBG) fell to a 15-year low, according to CLASP analysis of data from the Department of Health and Human Services. The CCDBG is the primary source of federal funding for helping low-income families pay for child care, with half of the families who receive benefits living below the poverty level.

read in full

Faces of the Growing Retirement Divide: Meet the 14 CEOs Whose Company Retirement Accounts Total $1.34 Billion

Fourteen of the CEOs of leading American corporations have at least $50 million in their company retirement accounts.  Four of these men accumulated more than $140 million each. Together, the 14 amassed more than $1.34 billion in retirement assets. Some of these funds are in pensions, the rest in deferred compensation accounts similar to 401(k)s.

read in full

End of the "Double Irish" Scheme Could Take a Bite Out of Apple's Tax Avoidance

Last May, many were shocked to hear that one of their favorite companies, Apple, was acting less than patriotically. The corporation was stashing profits out of the reach of the U.S. Treasury.

read in full

New Study Finds Big Government Makes People Happy, "Free Markets" Don't

Forget about feeling “like a room without a roof,” or whatever that “happy” song says. If you want to know “what happiness is to you,” try living in a social democracy. A recent study confirms something leftists have suspected for a long time: People are happier in countries with larger governments, a more generous “welfare state” and more government intervention in the economy. Policies that depend on the so-called “free market,” on the other hand, decrease personal satisfaction.

read in full

Report: Anonymous Companies Threaten American Interests

It is easier to form a corporation in the United States than it is to get a library card or driver’s license. Current law allows people or existing corporations to create new companies without requiring any information about the human owners of the businesses. A powerful new report by Global Witness details the threats these anonymous companies pose.

read in full

One Year After Obstructionists Shut Down the Government: Where Are We Now?

Tomorrow, Oct. 1, marks one year since obstructionists in the House shut down the federal government. Approximately 800,000 federal workers stretching across the country were told not to report to work, and many public services ground to a halt.

read in full

Happy National Voter Registration Day

Happy National Voter Registration Day from the Center for Effective Government!

Only about 40 percent of Americans vote in midterm elections – those that are in between presidential election years. This means each vote matters even more. Americans who show up to vote on November 4th, or mail in absentee ballots, will have their voices heard. This year, there’s no shortage of reasons to get out and vote.

read in full

The Star-Spangled Banner is a Song Full of Questions

Early on the morning of Sept. 14, I joined several hundred fellow citizens, along with guests from Canada and the United Kingdom, inside Fort McHenry in Baltimore. We huddled in the chilly morning air in the dawn’s early light to remember the moment 200 years earlier when Francis Scott Key penned the first words of the poem that was to become our national anthem.

read in full

50 Years of Federal Workers Investing in America's Charities

Federal workers help tens of thousands of people across the country, not just in their everyday work but with their generosity. In 1964, the first Combined Federal Campaign (CFC) was launched as an experiment. It raised $12.9 million dollars for charity (that’s $99 million in 2014 dollars). Today, 50 years after that experiment, the CFC raises a staggering $282.6 million for nonprofit organizations, allowing federal workers' payroll contributions to change lives and transform communities, throughout the U.S. and around the world.

read in full