Long Overdue Outrage Over the Anti-Estate Tax Crowd

Both the New York Times and the Washington Post ran lead editorials this morning denouncing the attempt of Sens. Blanche Lincoln (D-AR) and Jon Kyl (R-AZ) to give yet another tax cut to the children of the very richest Americans. Both editorials are spot on and raise excellent points about why Sens. Lincoln and Kyl seem to be both out of touch and out of their minds. In fact, both editorials express far more outrage and disdain for this proposed tax cut than I've ever seen before in any newspaper. (Read the Times and Post editorials.)

read in full

56 National Organizations Oppose More Tax Cuts for Millionaires

The House and Senate are debating the FY 2010 budget resolution on the floor this week and in anticipation of regressive amendments that would expand the cut to the estate tax enacted under the Bush administration, OMB Watch joined 55 other national nonprofit organizations have sent a letter to each senator urging them to oppose any amendment that further erodes the estate tax.

read in full

We Wish You a Merry Christmas and Happy Holidays

The Budget Brigade would like to wish you all a great holiday season and a super New Year. We would also like to thank all of our readers for following our work supporting us in 2008. We will be on vacation until January, but will return in 2009 to continue keeping an eye on things.

read in full

Christmas Comes Early to Wall Street

We're on the verge of the holidays this Monday and the Associated Press reported yesterday that bank executives around the country received an early present this year, courtesy of Joe and Jane Taxpayer:

read in full

Huge Job Losses Show More Economic Pain Coming

On Friday, the Bureau of Labor Statistic reported the largest job loss numbers since 1974 as the economy lost 533,000 jobs and the unemployment rate pushed higher to 6.7 percent. This news, combined with last week's pronouncement that the U.S.

read in full

It's Now Officially a Recession

It's felt like it for a while, but the Business Cycle Dating Committee of the National Bureau of Economic Research announced today that we are in a recession and it began in December 200.

read in full

Happy Thanksgiving!

While we here in the Budget Brigade are thankful that our respective alma mates are poised to clinch BCS bowl berths (hook 'em, Horns!), we are even more thankful that President Elect Obama has serious concerns about the current BCS system. That's change we can believe in!

read in full

Friendly Advice

When going to Washington to ask Congress for $25 billion to help you out of jam because your company is going bankrupt, it's probably best to leave the private jet at home.

read in full

Orszag to head up OMB?

The National Journal has been reporting this week that current Congressional Budget Office (CBO) Director Peter Orszag is in line to head up the Office of Management and Budget in the upcoming Obama administration. Orszag formerly served as a senior economic adviser during the Clinton administration and held a post in the economics studies program at the Brookings Institution.

read in full

Notes from the Economy: Unemployment

It's up from 6.1 percent in September to 6.5 percent in October. Also according to the Bureau of Labor Statistics, the economy lost 240,000 jobs in October, as the year-to-date number of jobs shed rose to 1.2 million.

read in full

Pages

Subscribe to The Fine Print: blog posts from Center for Effective Government