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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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Bush Should Be Tough on Budgets - Not People

By Adam Hughes, Budget Policy Analyst, OMB Watch
Indiana's Republican Governor Mitch Daniels, former Office of Management and Budget (OMB) director under President Bush, made a startling announcement Jan. 18: he said he wants to raise taxes in his state.

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Leadership of Long-Range Tax and Budget Initiative

OMB Watch has helped to launch a long-range initiative to address tax and budget issues. A group of nonprofit leaders from around the country have volunteered to help govern the initiative.
  • Nancy Amidei, Civic Engagement Project/Univ of Washington (WA)
  • Bruce Astrein, Arizona Community Foundation (AZ)
  • Gary Bass, OMB Watch (DC)
  • Henry Bogdan, Maryland Association of Nonprofit Organizations (MD)
  • Lois Canright, United for a Fair Economy (WA)
  • Chuck Collins, United for a Fair Economy (MA)
  • Ann Courter, Voices for Illinois Children (IL)

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Next Steps Survey Results

<p>OMB Watch conducted a survey of interested nonprofits in October 2004 to gauge priorities and receive feedback about possible next steps in the construction of a long-range tax and budget policy initiative. The possible next step items included in the survey were put together by OMB Watch after a series of regional and national retreats and interviews in the summer and fall of 2004. Respondents to the survey identified different priorities than participants in interviews and retreats, but responded with a great deal of energy and enthusiasm for continued work on a longer-range initiative.

Read the full Next Steps Report <i>(.pdf)</i>

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Details On the Proposed Program Cuts

Click here to view the government document released late friday night which gives specifics as to which programs were cut or eliminated in the President's FY 06 budget. Bush proposed that 150 programs be cut or eliminated, but specifics as to which exact programs would be hurt were not released until days after the budget proposal came out.

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Senate Republicans Voice Concerns Over Budget

As Senate Budget Committee chairman Judd Gregg (R-NH) noted publicly last week, the release of the President's austere budget not only has Democrats up in arms, but also is creating "some significant angst among my colleagues" on the other side of the aisle. Senator Voinovich (R-OH) in particular has come out against the fiscal irresponsibility of Bush's economic agenda, announcing last week that he will oppose efforts to make the 2001 and 2003 tax cuts permanent. Voinovich said he will vote against the President's budget if necessary, and cited having possible support among other Republican colleagues of his in the so-called "Centrist Coalition," including Senators Collins (R-ME), Snowe (R-ME), and Bennett R-UT). See this Toledo Blade article for additional information. In related news, an article in today's Washington Post reports other lawmakers, including Senator McCain (R-AZ), have been raising concerns regarding the long term costs of some of Bush's fiscal policies. The article hints that people eyeing the White House in 2008 have reason to be worried since budget costs are expected to drastically increase in the coming years.

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"Bush's Class War Budget"

Read Paul Krugman's op-ed in today's NY Times, titled "Bush's Class War Budget" for a good assessment of who the winners and losers are under Bush's current budget proposal. Krugman discusses the fact that until the budget was released earlier this week, this notion of fiscal restraint has been "an abstract concept." Yet now we see this restraint tied to specific actions, and those actions will be incredibly harmful both now and in years to come, if this budget is indeed adopted by Congress.

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New OMB Watch Report Views Budget from Nonprofit Perspective

The President’s budget that was released on Feb. 7 is not just austere; it is also frighteningly bleak for nonprofit groups and the people and causes they serve. The President has manufactured a fiscal crisis with massive tax cuts, mainly targeted to the wealthy, that has resulted in federal revenues being reduced to the lowest levels since the 1950s as a percentage of our economy. Cutting revenue to that level means there is drastically less money to fund programs that address community and human need problems, a core function of many nonprofits.

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Senator Gregg Defends Bush's Budget

Click here to see comments made and questions answered by Senator Judd Gregg (R-NH) regarding the President's FY 06 budget. Gregg is chairman of the Senate Budget Committee. In this particular news conference, Gregg discussed the President's attempt to "discipline the fiscal house of the federal government," and defended some of the President's budget proposals to cut spending in order to reduce the deficit. What Gregg fails to mention is that Bush's tax legislation since 2001 is responsible for 48 percent of our current deficit, yet Bush's proposal for how to deal with the deficit is coming in the form of major cuts to non-defense domestic programs. This discipline will hurt public schools, people on food stamps, National Parks, and affect scores of other programs. True fiscal discipline by Bush would involve more responsible tax policies, because right now Bush is proposing that our current deficit be paid for by people who cannot afford it, all while giving massive tax breaks to very wealthy people.

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Budget Details

The FY 06 budget proposal submitted yesterday by the President includes severe cuts for all non-defense discretionary spending. Under the President's plan, discretionary spending in areas other than defense and homeland security would fall by nearly 1 percent. Click here to see a Washington Post breakdown of how the President's $2.57 trillion budget proposal affects each individual agency. Click here and here for information on how the President's budget proposal would directly affect the budgets of states. Click here, here, here, here, and here for good budget analyses by the Center on Budget and Policy Priorities. For a good synopsis on how this budget proposal is protecting the rich while leaving everyone else out, read this article by Robert Borosage. Also, be sure to check out the latest edition of the Watcher for articles from OMB Watch on the budget.

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Watcher: February 8th, 2005

Federal Budget
  • President Bush's FY 06 Budget: An Overview
  • Bush Budget Seeks Deep Domestic Cuts, Radical Budget Reforms
  • CBO's Reduced Deficit Projections Mislead
  • Bush Makes Social Security Centerpiece of State of the Union
  • Center for American Progress Progressive Tax Plan

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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...

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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