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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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Deconstructing the Deficit

When discussing the federal budget deficit, I should be clear that reducing it right now is absolutely the wrong policy to pursue. It will likely strangle the meager recovery that's underway, and attention should primarily be focused on reducing the growing cost of health care. Having said all that, if deficit reduction must be addressed right now, it's important to first understand its composition.

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Final Defense Bill Includes Franken Anti-Rape Amendment

Sen. Al Franken (D-MN)

Back in October, I wrote about Sen. Al Franken (D-MN) and his praise-worthy amendment to the FY 2010 Defense appropriations bill that would bar the government from contracting with companies who prevent their employees from bringing workplace sexual assault cases to court. The amendment passed easily 68 to 30 – with the thirty senators who voted against the measure receiving a good amount of backlash – but shortly after the vote there were rumors that conferees would strip the amendment from the final bill during reconciliation with the House. Not to fear, though, because according to Sam Stein over at the Huffington Post, the Franken amendment survived, and the final language is "remarkably strong."

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"Lack of Understanding"

Phil Mattera of Good Jobs First has a great post over at the Clawback blog, breaking down the reasons recipients gave for not reporting during the first round of Recovery Act recipient reporting (see my colleague Craig Jennings' earlier post on the non-reporting list released yesterday).

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More Benefits for the TARP'd

Well, this is galling.

The Internal Revenue Service on Friday issued an exception to long-standing tax rules for the benefit of Citigroup and a few other companies partially owned by the government. As a result, Citigroup will be allowed to retain billions of dollars worth of tax breaks that otherwise would decline in value when the government sells its stake to private investors.

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Reporting the Non-Reporters

A Nov. 30 OMB memo to agencies, "Improving Compliance in Recovery Act Recipient Reporting," instructed the federal agencies to "compile a verified and detailed list of recipients who were required to report in the October period but failed to do so." The lists was to be submitted to OMB by Dec. 4.

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House to Finish up Appropriations, Push Other Fiscal Business to Next Year

U.S. Capitol

On Wednesday, the House is likely to finish appropriations for the fiscal year with a vote on the last spending measure, Defense. The lower chamber will also vote to extend the debt limit temporarily, a move that will put the thorny political issue off until 2010.

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Appropriations Update: 11 down, 1 to go

Last night, in a 57-35 vote, the Senate passed the appropriations omnibus bill, coming one step closer to finishing the FY 2010 appropriations process. The Senate's vote means that all but one of the appropriation bills are done, which is good, since FY 2010 started a couple months ago. The one slight problem is that the last bill to go is the Defense bill, and it's shaping up to be a doozy.

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Christmas Comes Early for the IRS

I Pity the Fool that Tries to Avoid Taxes Now

With the House's clearance of the $447 billion omnibus spending bill on Thursday and the Senate expected to pass the same legislation this weekend, the Internal Revenue Service (IRS) is set to finally get that substantial boost in funding this year.

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Congress to Boost Consumer Product Safety Funding

In an omnibus appropriations bill quickly moving its way through Congress, the Consumer Product Safety Commission is set to receive a major funding increase for FY 2010 (which began Oct. 1). The bill sets the agency’s budget at $118 million, the highest level allowed under a separate bill that reauthorized the agency in 2008. CPSC’s FY 2009 budget was $105.4 million.

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Task Force on Government Performance to Hold Hearing Today

The Senate Budget Committee’s recently inaugurated Task Force on Government Performance will hold a hearing this morning on the benefits of the use of technology in providing results in government performance. This will be the second hearing for the task force and it should be a good one.

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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