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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Modernization at IRS Could Help Reduce Tax Gap and Shrink Deficit

The estimated $345 billion in revenue that goes uncollected every year is a tempting target for deficit crusaders. However, closing the so-called tax gap is not a cure-all, and attempting to address the problem could create other tax compliance issues. Despite such potential complications, a new report by the Government Accountability Office (GAO) has found that recent modernizations to the Internal Revenue Service's (IRS) computer systems show promise in helping to close the tax gap while avoiding some of the problems that may arise from aggressive tax collection.

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Drilling Ban Lifted, Landrieu Wants More

Just before Congress split town for the campaign trail, Sen. Mary Landrieu (D-LA) placed an absurd and irresponsible hold on the president's nominee for OMB Director, Jack Lew. Despite Lew's "[clear possession of] the expertise necessary to serve as one of the President's most important economic advisors," Landrieu declared that she would block the nomination "until the moratorium on deepwater oil and gas drilling is lifted or significantly modified." She also said that she will continue the hold until she "is convinced that the President and his Administration understand the detrimental impacts that the actual and de facto moratoria continue to have on the Gulf Coast." (Whatever that means)

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On Transparent Stewardship of Natural Resources, U.S. is #11

A new study of natural resource transparency in 41 countries finds the U.S. among the top countries but not leading the pack. Brazil and Norway scored the highest marks, while countries such as Russia, Colombia, and Kazakhstan also ranked higher than the U.S.

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Analysis of A Pledge to America

This analysis provides a detailed examination of the legislative proposals contained in the Pledge, covering three topics: proposals that affect regulations, tax and budget proposals, and transparency and accountability proposals. The Pledge is very different than the 1994 Contract with America, in which House Republicans presented a list of eight rules changes they would immediately make to House operations, followed by ten bills they would pass within the first 100 days.

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Would McCaskill's Contingency Contracting IG be Worth It?

Sen. Claire McCaskill (D-MO)

At a Senate Armed Services hearing last week, Sen. Claire McCaskill (D-MO) urged officials from the Department of Defense (DOD) to establish a permanent inspector general office for contingency contracting. If the billions wasted through our rebuilding efforts in Iraq and Afghanistan – which, by the way, are likely to be the kinds of wars we are going to fight into the indefinite future – is any measure, it seems a permanent IG might be worth the investment.

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Congress Votes Through Continuing Resolution, Stalls on OMB Nomination, and Leaves for the Election

It can't get much closer than this. In the early hours of the last day of fiscal year 2010, and the last legislative day before it adjourned for the midterm elections, Congress passed a basic continuing resolution, temporarily funding the government through December 3. That gives lawmakers from November 15, when they're scheduled to return, though December 3 to pass the entire FY 2011 budget. If they fail, which is entirely likely considering it only gives them three weeks to work, Congress will have to pass another continuing resolution.

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Fiscal Commission to Produce Sensible Solutions to Debt/Deficit Dilemma Soon

Rainbows and Unicorns to Appear Shortly After

No, I'm just kidding. In fact, according to a Congressional Quarterly (subscription) article published yesterday, it looks like expected Republican congressional electoral gains this fall may completely gridlock what are already complicated negotiations within the commission over addressing our nation's problematic mid- to long-term fiscal issues.

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Biennial Budgeting on the Horizon?

If the Senate confirms Jack Lew, President Obama's nominee to lead the Office of Management and Budget (OMB), Lew is likely to revisit the idea of biennial budgeting. The allure of biennial budgeting at the federal level is that it theoretically frees up more time for both Congress and federal agencies to work on issues outside of the budget. But would a move to biennial budgeting actually change the budget process for the better?

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Congressional Oversight Panel Examines TARP Contracting

On Sept. 22, the Congressional Oversight Panel (COP), the body tasked by Congress to oversee implementation of the Troubled Asset Relief Program (TARP), examined the Department of the Treasury’s use of private contractors under the program. Witnesses from government, the private sector, and the nonprofit world critiqued Treasury’s use of financial services contractors and highlighted lessons about improved competition and openness that the government should take from the soon-to-be-ended program.

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Friday Appropriations Update: Continuing Resolution Vote Must Happen Next Week

It's been an exciting few weeks on the Hill, with President Obama's OMB director nominee sitting before two Senate hearings before being blocked by a Democrat, House Republicans released their Pledge to America, and an effort to extendthe Bush tax cuts failed to move in the Senate. With all this excitement, I guess congressional appropriators couldn't find much time to work on their appropriations bills. In fact, the House Appropriations Committee made exactly zero progress on the fiscal year 2011 budget, meaning we're still waiting on the full committee to vote on ten appropriations bills. The Senate hasn't been much better, with its appropriations committee only approving two bills, and no floor votes. Which, as recent congressional witness Stephen Colbert might say, brings us to today's word: continuing resolution.

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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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