Open, Accountable Government

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...

read in full

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...

read in full

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...

read in full

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...

read in full

more news

Growth Nonetheless

Jul 15, 2008 by Craig Jennings

President Bush today: The growth [of the economy] is lower than we would have liked, but it was growth nonetheless. GDP is not the only thing that is growing. (click to enlarge) (click to enlarge)

read in full

State Budget Problems Cause Economic Hardship

Jul 11, 2008 by Craig Jennings

The Center on Budget and Policy Priorities has once again released an analysis of state government budget health, and the news continues to deteriorate. In their lastest analysis, they rank all 50 states according to changes in three main economic indicators - employment, poverty, and housing foreclosures. The report finds:

read in full

Competiting Claims on Our Fiscal Future

Jul 11, 2008 by Adam Hughes*

The Center on Budget and Policy Priorities has released a report from leading economists and budget experts criticing a recent paper from the Brookings Institute and the Heritage Foundation called "Taking Back Our Fiscal Future." From the CBPP

read in full

New TPC Analysis of AMT Legislation

Jul 9, 2008 by Craig Jennings

The Tax Policy Center has published a distributional analysis of the recently House-passed Alternative Minimum Tax legislation (H.R. 6275). The TPC has produced distributional estimates for H.R. 6275, the alternative minimum tax (AMT) patch legislation passed by the House on June 25, 2008. In addition, we have updated our estimates of the number of AMT taxpayers, AMT revenue, and the distribution of AMT liability. Finally, we have published an updated list of 12 key facts and projections about the AMT. Read the TPC Analysis

read in full

FOIA Another Year Older, but Still Not Much Wiser

July 4 marked the 42nd anniversary of Congress' passage of the Freedom of Information Act (FOIA). The Department of Justice (DOJ) issued a report showing improvements in how the law is being implemented, including a reduction in backlogs of FOIA requests at agencies. Other reports, however, paint a much starker picture where backlogs continue to remain high (despite a one-year modest drop) and where the full granting of FOIA requests has dropped to the lowest level since records have been kept.

read in full

Senate Vote on FISA Compromise Expected

Now back from the July 4 recess, the Senate is expected to quickly take up the Foreign Intelligence Surveillance Act (FISA) compromise passed by the House in June, with a vote as early as July 9. Despite opposition to the compromise legislation, particularly from civil libertarians, and a recent court ruling that cast doubt on the main arguments for granting immunity to telecommunications companies, the legislation is considered likely to pass.

read in full

Monthly Budget Review: June, 2008

Jul 8, 2008 by Craig Jennings

CBO has released its Monthly Budget Review for June. It finds that while the stimulus payments accounted for a $21 billion decline in monthly revenue (compared to last June), June's surplus would still have been lower than last year's when the rebates are accounted for. Details below.

read in full

Tomato, Beef Recalls Show Problems with Food Tracking

Federal officials are having difficulty providing consumers with information on two recent food-borne illness outbreaks. Investigators are still searching for the source of an ongoing salmonella outbreak, and officials have been unable to provide detailed information for consumers on a batch of E. coli-contaminated beef, which has spread to a number of states across the country.

read in full

Fiscal Policy Agenda Returns to Washington

Jul 7, 2008 by Adam Hughes*

The Fiscal Policy Team and Congress both return to action this week with a number of fiscal policy issues to be tackled during the next five weeks. Below is a rundown of issues coming up soon, with most of the action happening in the Senate:

Debate continues between Senate Democrats and Republicans over whether to offset the cost of a popular package of tax breaks called the "extenders." The latest development is that Senate Republicans are now challenging Democrats to offset the cost of the package with spending cuts rather than other tax increases. BNA ($)

read in full

BudgetBlog on Hiatus for Holiday: Happy Fourth Everyone!

Jun 27, 2008 by Adam Hughes*

Happy Fourth of July! Just wanted to let our loyal BudgetBlog readers know we're going on a short hiatus next week. With Congress heading out of town for a short summer recess and the upcoming Fourth of July holiday next week, the Fiscal Policy team is heading out of town in order to escape the heat for some well-deserved vacation. This means, though, that the BudgetBlog will be dormant next week. But don't despair. Craig and I will return in one short week on July 7 to continue to bring you all the news, gossip, information, and analysis on federal fiscal policy you've come to expect.

read in full