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...

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

First Spinach, then Lead Toys, Now Mickey Mouse?

If you were slightly sick to your stomach after reading Matt's post yesterday about a drastically under funded Food and Drug Administration and the risks posed to consumer safety, don't think you can get away from that feeling by taking the kids to Disney World this winter for a tropical getaway. The Washington Post published a great investigative report on safety inspections of rides at theme/amusement parks and traveling carnivals. The article uncovered that the Federal oversite agency responsive for inspecting the rides - the Consumer Product Safety Commission (CPSC) - is dangerously overworked and under funded compared to its mission and lacks sufficient authority to adequately ensure public safety. The Consumer Product Safety Commission, the federal agency responsible for regulating traveling carnival rides, has not required Wisdom or any other ride manufacturer to make safety improvements in the past eight years. After a meeting last year on the Sizzler's troubled safety record, the agency asked only that ride operators pay "greater attention to safety." The CPSC has no employee whose full-time job is to ensure the safety of such rides. The agency's 90 field investigators -- who oversee 15,000 products, work from their homes and live mostly on the East Coast -- are so overstretched that they frequently arrive at carnival accident scenes after rides have been dismantled. As a result, critics say, supermarket shopping carts feature a more standardized child-restraint system than do amusement rides, which can travel as fast as 100 mph and, according to federal estimates, cause an average of four deaths and thousands of injuries every year. Hmmmm...I feel like I've already seen this movie. What's worse, the article points out, is that the CPSC does not even have the authority to inspect larger, permanent parks - called "fixed-site" amusement parks - like Disney World and Six Flags: State regulators and ride safety advocates say that this record [of lack of inspections and safety problems] is emblematic of wider problems at the CPSC, whose lagging efforts to keep unsafe toys and other children's products from the marketplace have created a public outcry and have brought intense congressional scrutiny. Rulemaking by the agency has decreased during the Bush administration, and its officials say that budget and staffing constraints have made the commission vulnerable to industry pressure to adopt voluntary standards, or, in the case of fixed-site amusement park rides, no federal regulation. Despite Congress holding hearings on the CPSC and its budget and staffing issues, it is unclear if any change will come this year. With the appropriations process just about broken and Congress and the president continuing to argue over minute differences in funding, the CPSC continues to operate with inadequate resources and poor leadership. Enjoy your trip to Orlando.

read in full

Addressing A Potential Recession With Fiscal Policy

Economists Martin Feldstein and Mark Thoma go toe-to-toe on what to do about the recession that's on the horizon. They agree that fiscal policy is the most important part of the answer, though Thomas wants increased spending, while Feldstein wants tax cuts.

read in full

Report Says FDA Dangerously Underfunded

Funding for the Food and Drug Administration is dangerously low, says a new report by three FDA advisors. Barbara J. McNeil, a professor of health care policy at Harvard Medical School and one of the report's authors, said she was stunned at the agency's sorry state.

read in full

Congress, President Running Out of Time to Achieve Fiscal Priorities

In our last issue, The Watcher detailed the status of several federal spending measures that have been delayed most of the fall. In this issue, we take a look at what these delays could mean to millions of American citizens.

read in full

More Insight Into War Funding Debate

More on the war funding debate: Congress has until mid-February before the Army will cease base operations and until March before the Marines takes similar steps, according to the Pentagon. Because of the uncertainty, the Pentagon this month will send layoff notices to an unspecified number of civilian employees whose union agreements require 60 days advance notice; the layoffs would be effective next February and could apply to as many as 100,000 civilian employees and 100,000 civilian contractors.

read in full

The Filibuster and Fiscal Policy

The Modest Master of the Minority, Mitch McConnell An article in yesterday New York Times, How the Filibuster Became the Rule illuminates the role of the rule in frustrating the efforts of a majority in Congress to complete work on the FY 2008 budget, which appears to have ground to a halt. A filibuster is a legislative tool to speak or debate on the floor or threaten to do so until there are enough votes -- 60, under U.S. Senate rules -- to invoke "cloture," bringing the debate to an end and allowing a vote on the underlying bill.

read in full

Profile In Spending: Trade and Globalization Assistance Act of 2007

I wanted to highlight the Trade and Globalization Assistance Act, yet another progressive spending bill that's bottled up in Congress and that the President has threatened to veto. Its main provisions improve the unemployment insurance system and the trade adjustment assistance (TAA) program. The act costs about $9 billion over ten years- just a blip in the context of $3 trillion budgets, but a major deal for the workers who'd get better benefits. And it's a deficit-neutral bill, mostly paid for by renewing an unemployment insurance surtax.

read in full

Does the President Still Object to Providing Health Insurance to Low-Income Children?

We'll know soon. BNA's Daily Tax RealTime (no link, sorry): President Bush formally received Congress's second attempt to pass an extension of the State Children's Health Insurance Program (H.R. 3963) Nov. 30, requiring him to again decide whether to veto the bill over its inclusion of tobacco tax increases and program expansions. The bill would pay for $35 billion in new spending in the bill by raising the federal tobacco excise tax for cigarettes to $1 per pack, from 39 cents per pack, and by sharply increasing the tax rates on cigars and other forms of tobacco.

read in full

There's Enough Money For The War To Last Until About March

The Defense Department keeps threatening to cut back program activities if a war supplemental isn't passed immediately. Here's more evidence that they're bluffing or lying. From page 3 of a Nov. 9th CRS report (emph. mine):

read in full

Deja Vu on Spending

The domestic appropriations fight is feeling like the war spending debate all over again. The Democratic caucus is now behaving much like it did then. First comes disbelief that the President and his congressional allies are intransigent, then strategic confusion. If everything goes the same, the next step is full capitulation.

read in full

Pages

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...

read in full

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...

read in full
more resources