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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House to Vote on Short-Term Iraq Financing

Within a few short hours today, our blog this morning, Mixed Signals on Short-Term War Funding Idea was overtaken by events. House Speaker Nancy Pelosi (D-CA) and Majority Leader Steny Hoyer (D-MD) until very recently publicly opposed a short-term approach to Iraq war funding. The Murtha/Obey plan calls for providing $43 billion, or half of the president's funding request, without the soldier withdrawal timetables or domestic funding in Supp. 1.0 -- but only through July.

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Mixed Signals on Short-Term War Funding Idea

Last month, we reported in Supplemental 2.0 -- Short-Term War Funding? on a legislative strategy proposed by Rep. John Murtha (D-PA), seconded by House Appropriations chair David Obey (D-WI), to approve funding for soldiers only through July, but without any deployment timetables or restrictions in Supp. 1.0. We noted the White House would likely take a dim view of the idea. Indeed it now has; the NYT has WH spokesman Tony Snow saying yesterday that a short-term bill "provides a kind of uncertainty that really is not helpful to commanders."

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Forecast for Appropriations Season: Stormy, With a Chance of Oversight

FedTimes on appropriations... Capitol Hill watchers caution agency leaders to expect more hearings, more scrutiny, less predictability and longer wait times for their 2008 budgets. "The one thing that is clear is that departments and agencies are going to be held much more accountable and forced to disclose a lot of information that they haven't previously disclosed, and they are going to be punished if they don't disclose," said Scott Lilly, a senior fellow with the Center for American Progress.

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Post Clarifies Its Supplemental "Concession" Editorial-o

A May 3 Page One article about negotiations between President Bush and congressional Democrats over a war spending bill said the Democrats offered the first major concession by dropping their demand that the bill it include a deadline to bring troops home from Iraq. While Democrats are no longer pushing a firm date for troop withdrawals, party leaders did not specifically make that concession during a Wednesday meeting with Bush at the White House.

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Democrats Weigh Supp. 2.0 "A La Carte" Funding

An AP story this morning, Democrats not backing down on Iraq, not only flatly contradicts yesterday's Washington Post front-page headline, which drew a blog swat from us. It also details the short-term, "a la carte" approaches now under consideration by various House leaders. Under another a la catre plan, military functions would get funds identified as money for "troops," through Sept. 30. But it would guarantee other funding, generally described as "combat" functions, for only two months and create a mechanism for fencing off funding for those operations beyond mid-July.

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BudgetBlog - Now in RSS!

If you use a newsreader, you can subscribe the BudgetBlog. You can find the feed here. RSS? What's that?

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Sinkholes: Sign of the Apocalypse, or Result of Diminished Taxbase and Inadequate Investments in Public Infrastructure?

Rick Perlstein over at the Campaign for America's Future is keeping a watchful eye on a growing epidemic of sinkholes opening up all over the country. Decaying water and sewer pipes are to blame. Yes, sinkholes. Yes, in America. Yes, it's weird and gross. Perlstein also makes the connection to the anti-tax movement, in the sense that a smaller tax base has diminished the capacity of government to respond to public needs, like having level ground that doesn't cave in.

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Post's Editorial Malpractice in Front-Page Story on Iraq Funding

The Washington Post led today's edition with a large-font, top-of-the-front-page article entitled "Democrats Back Down On Iraq Timetable" that opened as follows: President Bush and congressional leaders began negotiating a second war funding bill yesterday, with Democrats offering the first major concession: an agreement to drop their demand for a timeline to bring troops home from Iraq.

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House Falls Short in Override Vote on Bush's Supplemental Veto

As expected, the House bid to override President Bush's veto of the war spending supplemental bill failed in a 222-203 vote this afternoon, well short of the short of the two-thirds needed to override the veto.

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The Entitlement Crisis That Isn't

On April 23, the Social Security and Medicare Board of Trustees released its annual reports on the two programs. These reports reveal there is not, in fact, an "entitlement" crisis, and that the alarmist language often placing blame on entitlements is generally a pernicious shorthand that glosses over the complicated fiscal challenges facing an aging society with rapidly rising health care costs.

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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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