Petition: Tell the New York Times (and the media) to Make Budget Stories Easier to Understand

MoveOn.org has posted a petition asking The New York Times to report its budget stories in ways that ordinary citizens can understand.  They need your help on this. Understanding the budget is a necessary precursor to changing it!

According to the petition's background:

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Congress Says Special-Ops Budget Too Secret

While details on spending on specific national-security programs are sometimes kept from the public, such secrecy is not supposed to extend to Congress. Lawmakers are supposed to have detailed information on executive branch activities so they can knowledgeably exercise their constitutional power of the purse.

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CTJ Report: Proposal for Tax Holiday Rewards Tax Dodgers

Citizens for Tax Justice (CTJ) released a report yesterday criticizing Rep. John Delaney’s (D-MD) proposal to allow corporations a tax-free holiday.

Under the proposal, H.R. 2084, multinational corporations would be allowed to bring their untaxed profits back into the United States without paying any taxes, assuming they invest in a bank to fund infrastructure projects.

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Senate Bill Lowers Contractor Compensation Cap Nearly $300K

A Senate bill would reset the maximum amount taxpayers pay government contractors for their employees’ compensation back to its original level, adjusted for inflation, and would change the formula for determining future increases in this level. This is commonly referred within government and contracting circles as the contractor compensation cap.

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Senate Announces Spending Allocations for FY 2014

The Senate released allocations for each of the twelve appropriations bills on June 20, dividing up $1.058 trillion in spending for the coming fiscal year.

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GAO: Lower Contractor Compensation Caps Would Save Hundreds of Millions

Hundreds of millions of dollars per year could be saved if Congress lowers the maximum amount the government reimburses contractors for their employees’ compensation, according to a new report released yesterday by the Government Accountability Office (GAO), Congress’ investigative arm.

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Report: Public Interest Groups Outspent on Tax Issues

A new report from Public Citizen says that public interest groups working on tax reform are being vastly outspent by corporate lobbyists and PACs.

According to a story in The Huffington Post:

Some reform-minded groups are lobbying in favor of these bills, notes Public Citizen. But they are being drowned out by the lobbying in the other direction.

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House Proposes Energy and Water Spending Cuts

The first major spending bill with significant cuts for the coming year was released this week. The bill, which funds energy and water programs, cuts funding for those programs by about 10 percent.

Overall, the bill provides $30.4 billion, $2.9 billion less than fiscal year 2013 (before sequestration) and $4.1 billion below the president’s request.

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State Budgets Are Improving, But Still Not Fully Recovered From Recession

The National Association of State Budget Officers (NASBO) and the National Governors Association (NGA) have released their Spring 2013 Fiscal Survey of States.

According to NASBO:

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White House to Combat Tax Evasion

The White House released a four-step National Action Plan this morning, June 18, outlining an initiative to tackle tax evasion and money laundering. The plan reflects an international initiative agreed upon by the U.S. and seven foreign governments at a G8 Summit being held in Northern Ireland.  

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