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 Approves Line-Item Veto, Continues to Outsource the Job it was Elected to do

The House approved (247-172) Rep. Paul Ryan’s (R-WI) Line Item Veto bill. The bill, also referred to as "line-item rescission", would give the president the power to force Congress to vote on specific line items on bills sent to him by Congress. President Clinton signed (and used) a more potent version of line-item veto, but it was declared unconstitutional by the Supreme Court.

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House Passes Estate Tax Repeal

Not surprising, but what is interesting is that the vote tally reveals that the House equates the Thomas compromise to full repeal. The House voted to pass legislation that significantly reduces the Estate Tax. The bill, introduced by Rep. Bill Thomas (R-CA) at the behest of Senate Majority Leader Bill Frist (R-TN), would amount to a 75% repeal of the Estate Tax. But, mirroring last year’s vote on full repeal, Thomas’ bill has proven to be no more popular than full repeal.

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Minimum Wage Increase Defeated in the Senate

The Senate voted yesterday (twice) to keep low-wage workers in poverty.* The first vote was on a Sen. Ted Kennedy (D-MA) plan to increase the minimum wage from $5.15 to $7.25 per hour over two years. The measure was an amendment to the FY2007 Defense appropriations bill. The second vote to keep the minimum wage at the 1949 level** was on a Republican bill, introduced by Sen. Mike Enzi’s (R-WY), and would have increased the minimum wage to $6.25 per hour.

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House Passes Skewed, Dangerous Disclosure Bill

Yesterday the House, under suspension of the rules, passed H.R 5060 - a one-sided bill sponsored by Reps. Roy Blunt (R-MO) and Tom Davis (R-VA) that would require all domestic grants made by the federal government to be posted to a new free, searchable public website.

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IRS Cleared to Begin Wasting Money Again

Earlier this year we blogged (here and here) about a new program authorized by Congress to allow the IRS to outsource its tax collection to private collection agencies. This program has caught the wary eye of a few folks in Congress, most of all Representative Steve Rothman (D-NJ). Rothman recently successfully lead the charge against this policy, blocking the IRS from spending money on the program in the FY 2007 Treasury-Transportation bill recently approved by the House. Now all that is necessary to stop the program is successful passage in the final appropriations bill later this year.

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Social Security is the Solution

In all the talk about the deficit and Social Security one rarely hears of the heroic role that Social Security plays in masking a $170 billion in budget shortfalls.

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Coburn/Obama Disclosure Bill Gains Array of Endorsements

We previously blogged on an effort by Sens. Coburn and Obama (and Carper and McCain) to establish a comprehesive website the public could search for information on federal financial assistance, including federal contracts and grants, by Jan. 1, 2007. OMB Watch has circulated an endorsement letter for the legislation that currently has 32 organizations signed on. The National Taxpayers Union circulated their own endorsement letter, attracting additional support from conservative circles.

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Estate Tax on Chopping Block in House Again

House Republicans are moving quickly on a proposal to roll back the estate tax so much that it almost amounts to a repeal. House Ways and Means Committee Chairman Rep. Bill Thomas (R-CA) introduced a bill Wednesday that more or less matches the bill proposed by Sen. John Kyl (R-AZ). A floor vote is expected for Thursday. The Center on Budget and Policy Priorities estimates that the Thomas bill would cost the Treasury $602 billion between 2012-2021, or 75 percent of a full repeal. You can find more details on how the Thomas bill would change the estate tax in this Washington Post article.

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Republicans Tell More Supply-Sider Bedtime Stories

This morning’s Senate Budget Committee’s markup session on Judd Gregg’s (R-NH) Stop Over-Spending Act of 2006 saw more Republican hand wringing over the budget deficit, but not much more. Republican senators took turns this morning bemoaning the level of federal expenditures and how that spending has crated the huge deficits we now face.

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Congress to Terminate Invaluable Data Collection Program

Does welfare reform work? Do food stamps really feed the needy? Are government assistance programs really helping those in need? How effective is our social safety net? Congress certainly doesn’t want to know. Right now, the House Appropriations Committee is considering a Bush recommendation to terminate a program designed to answer these questions.

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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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more resources