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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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Curtailing Deficits without Touching Defense Spending is Silly

'Did you call me silly?'

In their newly released, talking-point-heavy "Pledge to America," House Republicans say they are offering "a plan to stop out-of-control spending and reduce the size of government" if voters put them back in charge in November. One area of government the plan doesn't call for reducing, however, is the Department of Defense (DOD). In fact, the new conservative governing proposal explicitly exempts the DOD budget from their proposed cuts to bring federal spending back to "pre-stimulus, pre-bailout levels."

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GOP 'Pledge' Is Simply a Way of Shutting Down a Large Part of Government

As Yogi Berra's redundant saying goes, "It's déjà vu all over again." Back in 1994, congressional Republicans unveiled what they called the "Contract with America." The Contract was chock-full of policy proposals intended to shrink the size of government, kneecap agencies' ability to protect the public, and decrease the burden on taxpayers, especially the rich.

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Putting a Better Face on Economic Stimulus

The latest economic data on the Recovery Act from the Congressional Budget Office indicate that, by at least two important metrics -- gross domestic product (GDP) and unemployment -- it is in fact working (see here, here, here, and here for more). Yet, only 33 percent of Americans think the Recovery Act "helped the jobs situation."

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Friday Appropriations Update: Boehner Has a Plan

With Congress returning from its summer break next week, the appropriations process should begin again as well. Since Congress has been gone for the past few weeks since we last updated you, there isn't anything new to report. But! Never fear, we have been using this time to revamp our patented AppropriationsWatchTM. We moved it over to GoogleDocs, allowing us to add links, which you can click to see the relevant documents for each appropriations bill. And, moving over to GoogleDocs makes it easier for you, the audience, if you want to copy the table and play around with the numbers. Want to see what happens if you cut Department of Defense spending in half? Go right ahead.

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The Real Significance of Orszag's Column

The man, the myth, the legend...

Peter Orszag's first opinion piece in the New York Times has certainly made a splash, hasn't it? Media outlets are hyping that the former head of the Office of Management and Budget (OMB) has come out in defiance of the White House to argue that Congress should extend all the Bush Tax Cuts. Take a closer look at Orszag's column, though, and one will recognize this meme as a silly controversy distracting from the real issue raised in the piece.

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On That Terrible, Nebulous Economic Environment That's Forestalling Hiring

You're Hired!

A few months ago, a cacophony of conservative voices began complaining about a hazy cloud of uncertainty looming on the economic horizon. Concerns over the Affordable Care Act, new regulations, and the possibility of new taxes, they claimed, explained continued high unemployment and a lagging recovery. Economist Dean Baker flags the latest example of this garbage meme in a Wall Street Journal article on the Obama administration's deliberations over new economic stimulus measures, and points out for the umpteenth time why it's wrong.

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The Recovery Act Failed! Or Not

If one were to listen to most conservative politicians and pundits these days, you'd come away with the impression that the Recovery Act has failed. It hasn't created any jobs and it hasn't helped the economy, so the narrative goes.

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Administration Targets High-Risk IT Projects

I'm sorry, Dave, I'm afraid I can't do that.

The Obama administration released yesterday a list of 26 mission-critical information technology (IT) projects that will receive immediate attention from the Office of Management and Budget (OMB) because they "have experienced problems such as significant cost increases or schedule delays." This reassessment process of IT projects, which is part of the administration's reform-minded 2012 budget process and their larger Accountable Government Initiative, seeks to set the programs straight before they waste any more taxpayer funds.

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Schools Hesitant to Spend State Aid Money

In Wednesday's New York Times, there was an interesting coda to one of our recent Watcher articles: despite receiving large amounts of money from the recently passed state aid bill, school districts are not acting quickly to rehire fired teachers. The worry is next fiscal year might see even larger budget gaps, necessitating another, larger, round of firings. So the school districts would rather save the money, to try to stave off what could be an even worse FY 2011, and in the process, are potentially hamstringing any positive effects of the state aid bill.

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Congress Sends Aid to States, Gaps Remain

With all of the attention placed on federal budget problems, it can be easy to forget that state budgets are facing similar troubles. Since almost every state has some form of a balanced budget requirement, states can be extremely susceptible to swings in the economy, and the recent recession is a perfect example. In an effort to help ameliorate the states' fiscal situation, President Obama recently signed into law a $26 billion state aid bill passed by Congress in a rare August session. The bill, which includes $10 billion in education funding and $16 billion for state Medicaid programs, is expected to save some 300,000 jobs. Still, it pales in comparison to the actual size of the fiscal problem facing the states.

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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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