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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A Letter to Congress: PAYGO Legislation an Encouraging Start

This afternoon, OMB Watch submitted a letter to all members of the House of Representatives, encouraging them to support the "Statutory Pay-As-You-Go Act of 2009" ("PAYGO").  Introduced by House Majority Leader, Rep. Steny Hoyer (D-MD), the bill is a crucial first step towards returning to a culture of responsible spending. 

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OMB Watch Submits Comments on Contracting Reform

White HouseOn March 4, President Obama released a Memorandum on Government Contracting, which instructed the OMB and other federal agencies to improve and strengthen federal contracting practices, including seeking input from the public. In response to this effort, OMB Watch submitted comments and recommendations on necessary reforms to the federal contracting system.

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Obama's Use of Signing Agreements Draws Ire of House Democrat Leaders

Today, four House Democrat leaders, including Rep. Barney Frank (D-MA) and Rep. David Obey (D-WI), released a strongly worded letter that expresses their displeasure with President Obama's use of a signing statement to reassert his right to ignore the conditions placed on the IMF funding for purposes of conducting foreign policy.

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SIGTARP Report Calls for More Bank Info

This morning the Special Inspector for TARP released a report based on a survey of some 360 financial institutions that received TARP funds. The report finds that:

Many banks reported that TARP funds allowed them to increase lending for residential and commercial loans, small business loans, credit card loans, and other types of lending. Most firms reported multiple and sometimes interrelated uses; a majority of respondents’ reported that they used the funds primarily for lending, building capital reserves and investing...

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OMB Delaying Mid-Session Budget Review

OMB Director Peter OrszagIn yet another example of searching for sinister intentions of the Obama administration that don't exist, the Associated Press reports this morning that the Office of Management and Budget (OMB) plans to delay the release of the annual mid-year update of the budget - called the Mid-Session Review - until mid-August.

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House May Vote on PAYGO as Early as Next Week

PAYGO legislation continues to move through Congress and may come up for a vote as soon as next week. 

Added: CBO responds to Rep. Paul Ryan's request for analysis of the proposed policy.

Added 7/17: Access the latest information and version of the bill here

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New Recovery.gov Recipient Mapping Feature

Hot on the heels of the newly-announced redesign, Recovery.gov today unveiled a new recipient mapping feature. The new map lets users zoom in and out on a map of the country, with each Recovery Act project represented as a dot on the map, and dot size varying based on the number of projects per location. The map also allows users to sort by state (or associated regions, as even the Federated States of Micronesia is on here for some reason), size of contract, grant, or loan, and agency.

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Committee Would Get Rid of Earmark Requests Because There Wasn't Enough Space

Roll Call ($$) reports that the House ethics committee is looking into connections between earmarks and campaign contributions. The investigation will likely come across a roadblock; documentation may have been destroyed on earmark requests before 2007.

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Anti-debt Commission Proposal Makes Another Appearance

Last week, the House Appropriations Committee approved the 2010 fiscal year Financial Services spending bill.  Along the way, one of the amendments that failed to make the cut was to "enact into law H.R. 1557 (the “Securing America’s Future Economy Commission Act”)".  This amendment would've created a 16-member commission charged with creating recommendations to reduce the country's long-term debt.  With a maximum of four members of Congress, this commission would have had the power to create legislation that would be considered by the House and Senate. 

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Congress Looks to Boost CPSC Funding above Obama Request

Both the House and the Senate are working to increase the budget of the Consumer Product Safety Commission – the beleaguered federal regulator of everything from toys to toasters.

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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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