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 Passes $463.5 bn. FY2007 Spending Resolution

This afternoon, the House passed its $463.5 billion "CRomnibus" spending resolution for FY2007 by a 286-140 vote. Approval by the Senate and the President are required to keep the government operating after Feb. 15.

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OMB Watch Statement on Joint Resolution

Click here for OMB Watch's statement on the joint funding resolution that the House will soon vote on.

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Reconstruction Auditor Exposes More Waste

The Special Inspector General for Iraq Reconstruction just put out their semi-annual report on reconstruction. The report is on the web here, and it ain't pretty. The Washington Post has some lurid examples of the fraud and waste that the report exposes. And to think that just a few months ago the special inspector general's office was on the chopping block... One important note: it's tempting to see contracting waste and abuse as an Iraqi reconstruction problem, or a Halliburton problem, or even a defense problem. But really it's a contract administration and oversight problem.

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House to Vote Tomorrow on $463.5 bn. FY2007 "CRomnibus"

House Appropriations chair Rep. David Obey (D-WI)'s fiscal 2007 budget bill, H. J. Res. 20, filed late Monday, provides for $463.5 billion in spending. It complies with the statutory ceiling on spending; it also declares that earmarks it may contain "shall have no legal effect," though "ongoing" earmarks contained in bills prior to FY06 can continue. The bill is expected to reach the House floor for a vote on Wednesday (tomorrow).

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Senate Hearing Affirms Congress's War Powers

Constitutional scholars agree: Congress has the power to shape war policy. Army Times has more. A panel of constitutional scholars said Tuesday that Congress clearly has the power, if it chooses to use it, to stop the war in Iraq. The difficulty in exercising the power is political, not constitutional, in getting a veto-proof majority in the House and Senate to agree on binding legislation to either cut off funding for combat operations or repeal the previously passed authorization to use force, the legal experts said in testimony before the Senate Judiciary Committee.

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Long-Term CR Ready

The Democrats have unveiled their long-term CR proposal. Looks like they've made the best out of a bad sitution. From AP: Democrats unveiled a $463.5 billion catchall spending bill late Monday to boost funding for community health centers, lower-income college students and efforts to combat AIDS overseas — while sticking within the confines of President Bush's tight constraints for the ongoing budget year.

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Stop, Tax Foundation, Please Stop

The Tax Foundation's blog has an aggravating but typical post up. The basic claim is that spending has risen faster than tax revenues over the last 6 years. Therefore, it's spending that's out of balance, not revenues. So, implicitly, spending should be reduced to eliminate the deficit.

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Tight CR May Not Plug All Holes

Next week, House appropriators plan to introduce the full-year extension of the continuing resolution that funds about half of all discretionary programs. The $463 billion bill may shuffle some money around to fill growing funding gaps, but some programs are bound to take hits under the tight budget cap that the last Congress imposed.

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Tom Paine on Industry Giveaways

Tom Paine has an interesting article on an overlooked government handout to the oil and gas industry. When the U.S. House of Representatives voted to eliminate $14 billion in tax breaks and subsidies for the oil and gas industry on January 18, it left at least one item off its target list: a billion-dollar handout to a research consortium that includes publicly traded companies that reaped $100 billion in profits in 2005.

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Bush's Fiscal Rhetoric Falls Short

In case you missed it this morning, OMB Watch released a statement responding to the president's State of the Union address last night. In short, we were unimpressed with Bush's empty rhetoric about fiscal responsibility and balanced budgets. Bush's Fiscal Policy Rhetoric Continues to Fall Short

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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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