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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Bush Attempts To Secure His Legacy

The Bush administration is up to some of its old tricks this week. After the Washington Post reported at the end of October of a movement within the administration to implement as much policy as possible through administrative functions rather than convincing Congress to adopt its policies, we are beginning to see some specific instances of their plan. In September, the White House issued new principles for agencies in conducting risk analysis that could impact agencies ability to protect the public. Then on Tuesday this week, Bush signed a new executive order (EO #13450) that attempts to "improve government program performance." Sounds like a good thing, no? let's look a bit deeper.

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Bush on Fiscal Policy: Born Again, Again?

I've been thinking about President Bush's actions this week on fiscal policy, and I've got to admit, I'm pretty darn confused. Let's review:
  • Bush vetoed the $150.7 billion Labor-HHS-Education appropriations bill, which contained a 4.3 percent increase in funding, for containing too much spending, but signed the $471 billion Defense appropriations bill, which had a 9.5 percent increase in funding. Bush has also been pressuring Congress to approve an additional $197 billion in "emergency" war funding. Huh?
  • Bush has vowed to veto the AMT patch bill moving (slowly) through Congress because it is fiscally responsible and doesn't add to the deficit. Wait, what?
I suppose Bush believes we should never pass a tax increase and continue to burden our children and grandchildren with mountains of debt. But he is vetoing appropriations bills left and right over much smaller levels of funding (less than 10% as much in many cases) that are not deficit financed. It's difficult for me to understand exactly how the president decides to be the decider on these issues. He has shown he doesn't really care about fiscal responsibility (based on his position on the AMT bill, and, well, on his horrendous fiscal record as president. Actually, he's probably the worst fiscal manager we've ever had as president). He also doesn't seem to care about giving Americans the support and investments they need to succeed - unless those Americans are currently living in Iraq, Afghanistan, or on a military base. Even then his support is suspect as he has worked to cut back veteran's health benefits and often stiffed soldiers on pay increases. Most of the increases are more likely to end up with Halliburton or Lockheed Martin than soldiers). So what is guiding the president in these decisions, if anything at all? Kevin Drum over at the Washington Monthly may have the answer: It's funny how much more opposed Bush is to Democratic pork than he was to Republican pork, isn't it? But whatever. I don't think anyone seriously believes that Bush really cares about the earmarks in this bill. Basically, he seems to have decided that the only way to stay relevant is to veto stuff. Within the borders of the United States, it's pretty much the only influence he has left. Democrats don't care about him, Republicans wish he'd go away, and the American public is bored with his snooze-inducing speeches. What else can he do to attract attention? Drum just might be right, particularly considering that the Los Angeles Times reported yesterday that since 2001, Bush has signed 50 appropriations bill from Republican Congresses that exceeded his budget requests - failing to veto a single one of them. Bush has already been a born-again Christian once. He can't claim to have found religion on this issue too.

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Fear and Spending

One of the more disturbing aspects of the spending debate has been the President's reliance on scare tactics. Essentially, Congress has not given him a big enough target, so he must conjure one up. He calls the tobacco tax "habit-forming," while closing the carried interest loophole will raise everyone's taxes. He says that Congress wants to spend over $200 billion more than he would with this year's appropriations bills. SCHIP will ineluctably bring us down the path to "socialized" medicine.

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Labor/HHS Vote Thursday

The House Labor/HHS veto override vote will likely be held late Thursday night, far sooner than most expected. Perhaps the House leadership is confident of a veto override, fresh off overriding the President's veto of the water resources bill. One last push might be all it takes! Take action!

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Stan Collender's Got A New Blog

You've read his columns (excerpted maybe too often on this blog)- now you can read his new blog.

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JEC Report: the Cost of Stay-the-Course in Iraq

If you are like many Americans who perceive geometrically escalating costs of the wars in Afghanistan and especially Iraq, unaccountably greater now than in recent years, you might look ahead at cost projections and just drop your jaw. There appears to be a very serious misunderstanding. Many Americans are suffering under the misapprehension that current troops levels in Iraq are unsustainable and that, in any case, the weight of political sentiment strongly militates against maintaining current troop strength and increases in American treasure expended on the war going forward.

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Appropriations Update- Standoff Over Labor/HHS

Congress has now sent the President the Defense appropriations bill, an extension of this year's continuing resolution, and the Labor/HHS appropriations bill. The President will sign the Defense bill, the first appropriations bill of the year to be enacted, and the CR, but he's expected to veto Labor/HHS, and doesn't even seem to be considering negotiating with Congress over its funding levels. The Hill:

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Approps Update: Chambers Approve Defense, Labor-H

Thursday evening, the Senate approved the Defense spending bill conference report, and the House gave thumbs-up to the Labor-H conference report. Meanwhile, a conference committee approved the $50.9 billion Transportation-HUD spending bill. November 9, 2007 House Senate Conf. Cmte. President Cmte. Floor $ Agriculture 18.8 18.7 $ Commerce-Justice- Science 53.6 54.6 54.6 Defense 459.6 459.6 459.6 459.3 $ Energy & Water 31.6 32.3 Financial Services 21.4 21.8 $ Homeland Security 36.3 37.6 37.6 $

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House Approves Labor/HHS- Next Stop, President

Yesterday, the House approved Labor/HHS conference report on its own by 274-141 (roll call). If 3 nay votes switch, it'd enough to override a presidential veto. Now the bill will be sent to the President, though its not clear exactly when that will happen. The President then will most likely veto it, and the onus will be on the House to override it. Update: See this Coalition on Human Needs pamphlet for the budget cuts a veto-sustaining vote would be supporting.

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Checks

Congress had its first veto override today. That wasn't so awful now, was it?

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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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