New Posts

Feb 8, 2016

Top 400 Taxpayers See Tax Rates Rise, But There’s More to the Story

As Americans were gathering party supplies to greet the New Year, the Internal Revenue Service released their annual report of cumulative tax data reported on the 400 tax r...

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Feb 4, 2016

Chlorine Bleach Plants Needlessly Endanger 63 Million Americans

Chlorine bleach plants across the U.S. put millions of Americans in danger of a chlorine gas release, a substance so toxic it has been used as a chemical weapon. Greenpeace’s new repo...

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Jan 25, 2016

U.S. Industrial Facilities Reported Fewer Toxic Releases in 2014

The Toxics Release Inventory (TRI) data for 2014 is now available. The good news: total toxic releases by reporting facilities decreased by nearly six percent from 2013 levels. Howe...

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Jan 22, 2016

Methane Causes Climate Change. Here's How the President Plans to Cut Emissions by 40-45 Percent.

  UPDATE (Jan. 22, 2016): Today, the Bureau of Land Management (BLM) released its proposed rule to reduce methane emissions...

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John Edwards Has A Secret

An interesting article in the Times on who's advising the presidential candidates on economic policy. So far, only John Edwards has broken Washington taboos and (quietly) declared that he'd increase the deficit to pay for more social spending.

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US Owes Creditors $9,000,000,000,000.00

That's 65% of GDP (and a good argument for PAYGO) A dubious milestone was passed on Tuesday, November 6, as the U.S. national debt crossed the $9 trillion mark. Don't look now (no one likes a clock watcher), but it's billions more already. At 65 percent of GDP, it could be paid off if every good and service produced in the U.S. from January 1 until September 30, 2008 were given free of charge to the nation's creditors. You can spare that nine months' worth of salary, can't you?

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The Inherent Superiority of the Private Sector

Businesses are moving on ideas to incentize better quality and cost-efficient health care. Why is it taking so long for government to do the same?

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Leave Social Security Be

Paul Starr explains why it's a bad idea to tinker with Social Security now- even if the solution is to raise the payroll tax.

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SCHIP Is About Politics

The NYT a pretty interesting article on the politics behind SCHIP, but it has big problems. First, the article makes it pretty clear that the President decided to veto this bill regardless of what was in it. He has never tried to work with the bill's designers to come up with an acceptable compromise. The veto is entirely his decision and his fault. So why then is the headline "Missteps on Both Sides Led to Health Bill Veto?" Now, who's fault is it that the veto wasn't overridden?

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Senate Approves Revised SCHIP Bill

Last night, the Senate passed the latest version of the SCHIP package. The 65-30 vote (roll call is veto-proof, because enough Senators who didn't vote are reliable "yea" votes. Since the bill did not receive a veto-proof majority in the House, Congressional leaders may decide to not send the bill to the President. Instead, Senate and House negotiators appear to be working hard on a new compromise bill that could be voted on as early as next week.

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One If By Legislation, Two If By Regulation

The House Committe on Oversight and Government Reform had a hearing today on the Bush administration's backdoor Medicaid cuts. Extremely loyal BudgetBlog readers may recall that the Administration has been pushing for rules that would cut Medicaid ever since the same cuts were rejected by the last (Republican-controlled!) Congress. I guess they haven't given up. The Administration is claiming that the rules will cut down on bad claims on Medicaid. Not so, says Chairman Waxman.

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Responsible Fiscal Action: AARP's Perspective

We commend for your consideration the testimony presented at today's Senate Budget Committee hearing on S. 2063, the Bipartisan Task Force for Responsible Fiscal Action Act of 2007, by William Novelli, CEO of AARP.

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Communicating about Poverty/Inequality: A Constant Work In Progress

Inclusion put out a new report on communicating a compelling anti-poverty message, and, as anyone who follows this debate might expect, the American public isn't that keen on addressing poverty when it's defined as such. But to me, the report had a few surprising findings. First, the public isn't that receptive to messages that redefine the poor as "deserving" workers. Given these findings, the authors suggest that in appeals to the public, instead of emphasizing personal stories about the poor, advocates should focus on systemic and institutional reasons for poverty that are beyond the control of individuals. As I review later, other researchers have arrived at very similar conclusions. In addition, this research suggests that the label "working poor" may itself be problematic. Given a cultural belief that if people are industrious they will succeed, this term sounds somewhat contradictory, and is likely to trigger confusion and negative connotations, especially among those Americans who have a strong "belief in a just world."

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Former Social Security Commissioner: No Cuts Necessary

Robert Ball, the former commissioner of Social Security under Kennedy, Johnson, and Nixon, takes issue with the claim that Social Security balance requires benefit cuts. Why? Times have changed. In the Oct. 19 editorial " Mr. Giuliani's No-Tax Pledge," The Post stated: "It's no more responsible for Republicans to rule out tax increases [to strengthen Social Security] than it is for Democrats to insist on no benefit cuts." The Post praised, as a "bipartisan blend," President Ronald Reagan's acceptance of a 1983 fix that included both.

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Resources & Research

Living in the Shadow of Danger: Poverty, Race, and Unequal Chemical Facility Hazards

People of color and people living in poverty, especially poor children of color, are significantly more likely...

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A Tale of Two Retirements: One for CEOs and One for the Rest of Us

The 100 largest CEO retirement funds are worth a combined $4.9 billion, equal to the entire retirement account savings of 41 percent of American fam...

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