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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Senate Passes New Rules on Earmark Disclosure

The Senate on Jan. 18 passed a comprehensive lobbying and ethics reform bill — S. 1, the Legislative Transparency and Accountability Act of 2007 — that included an overhauled earmark disclosure rule. After nearly two weeks of floor debate featuring reversals, stalemates, and a brief filibuster, the Senate voted 96-2 to pass the bill, widening the definition of earmarks and increasing their public disclosure requirements. S. 1 must be passed by the House and signed by the president before any of it, including the Senate rules changes, can take effect.

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The Fiscal Impact of House 100 Hours Agenda

On Jan. 18, the House Democrats succeeded in passing the final piece of their six-part "100 hours" agenda. The combined fiscal impact of the bills — which implement 9/11 Commission recommendations, close energy tax loopholes and more — is significant: the Congressional Budget Office (CBO) has estimated $21.1 billion in savings and revenue over the next ten years if the bills are signed into law. H.R. 1: Implementing the 9/11 Commission Recommendations Act of 2007

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Congress Commits More Time to Doing Its Job

After one of the shortest legislative sessions on record, the 110th Congress has scheduled substantially more days in session for 2007. Hoping to avoid the "do-nothing" label that haunted the 109th Congress, Democratic leaders are hoping the additional time will not only allow for the adoption of their initial "100 hours" agenda, but also the timely completion of all appropriations bills before the start of the next fiscal year. Despite the additional days in session, however, it may still be difficult for Democrats to enact their priorities.

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Millenium Challenge To Run Out of Money

More news that this year's budget underfunds important programs. This time, it's the Millenium Challenge program, which provides funding to foster the development of poor countries. WASHINGTON -- President Bush's signature foreign-assistance program is likely to run out of money this year, leaving in the lurch several poor countries that have labored to meet its strict eligibility standards, according to aid officials. Mr. Bush introduced the Millennium Challenge program in 2002 as a new approach to fix the perceived failures of overseas-development assistance.

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GSA's Problems Run Deep

GovExec has a good follow-up to the funny business at GSA. The General Services Administration's buying services and contracts are supposed to work like a self-lubricating machine. In come orders for goods and services from across the government, out go purchasing orders to companies on GSA's schedules. Off to the ordering agencies go products and assistance. Money to make the machine hum comes directly from customers in the form of fees paid to GSA. But lately, GSA more closely resembles a sputtering Rube Goldberg contraption.

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The Hits Just Keep Coming

More absurdity at GSA... The chief of the U.S. General Services Administration attempted to give a no-bid contract to a company founded and operated by a longtime friend, sidestepping federal laws and regulations, according to interviews and documents obtained by The Washington Post. Administrator Lurita Alexis Doan, a former government contractor appointed by President Bush, personally signed the deal to pay a division of her friend's public relations firm $20,000 for a 24-page report promoting the GSA's use of minority- and woman-owned businesses, the documents show.

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Orszag CBO Director

Peter Orszag has been officially appointed to direct the Congressional Budget Office (CB0). See this press release for more.

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Dionne Column Not Perfect?

EJ Dionne's column today, as usual, is good, but one thing kinda bugged me: No. 1: Extending President Bush's tax cuts to eternity will make the long-term problem much worse. Hint No. 2: The hardest part will be how -- simultaneously -- to meet the fiscal need to rein in health costs and the social need to get health insurance to everyone. Hint No. 3: Most Democrats don't like to talk about it, but somebody's taxes are going to have to go up. He sets up the "social need" for universal health insurance in tension to the "fiscal need" to rein in health costs, but I'm not so sure that's the right relationship. As I tried to write yesterday, there's some evidence that a greater role for the government would help bring down health care costs across all sectors in the long term. Anyway, I confess my ignorance of the mechanisms involved here. But doesn't this seem like the perfect silo-crossing issue? It'd be nice if health care wonks helped us ignorant budget wonks understand this aspect of universal coverage better. The best I can do is put Jacob Hacker's summary of the argument for cost-containment after the jump.

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Senate Passes Ethics and Lobbying Reform Package

Late last night, the Senate passed S. 1 by a 96-2 vote, after a deal was struck between Senate Majority Leader Reid (D-NV) and Sen. Judd Gregg (R-NH) to allow Gregg's non-germane presidential line-item or 'enhanced recission' authority amendment to be brought up next week during the Senate debate on the minimum wage. Sen. Robert C. Byrd, who appeared willing to hold S. 1 hostage so long as any accommodation of Gregg's amendment was made, dropped his objections and permitted a vote on S. 1.

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Entitlement Options

Ben Bernanke gave testimony on increasing entitlement program costs today. There was one key point I wanted to discuss: Addressing the country's fiscal problems will take persistence and a willingness to make difficult choices. In the end, the fundamental decision that the Congress, the Administration, and the American people must confront is how large a share of the nation's economic resources to devote to federal government programs, including transfer programs such as Social Security, Medicare, and Medicaid.

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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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