Revenue & Spending

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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more news

Congress Once Again Punts on FY 2011 Budget

Dec 23, 2010 by Sam Rosen-Amy

Surprising almost no one, on Tuesday Congress passed a short-term continuing resolution (CR), funding government for another few months and delaying passing a budget for the 2011 fiscal year. Over the past week or two, it became obvious that Democrats did not have enough votes to pass a year-long budget of some kind, either as a CR or as an omnibus.

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Contractors Do Bad Things, Uncle Sam Has to Sit on His Hands

Dec 21, 2010 by Gary Therkildsen*

A batch of documents recently obtained by the Associated Press through a Freedom of Information Act (FOIA) request exposes "previously undisclosed offenses committed by more than 200 contract employees in Afghanistan and Iraq between 2004 and 2008." Many of these offenses were quite egregious, and yet it was often only the employee disciplined, while the government let the offending company off the hook. A recent New York Times article reveals why: many of these companies are too big to ban.

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Federal Employees: Doing More with Less...Already

Dec 21, 2010 by Craig Jennings

President Obama has proposed freezing salaries of most federal employees for the next two years as part of his effort to address the federal budget deficit. Projected to save some $5 billion over the next two years, the freeze would shave 0.22 percent off the $2.3 trillion in deficit spending over that time, making it a largely token measure.

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Federal Government's IT Reform Efforts Come Into Focus

Dec 17, 2010 by Gary Therkildsen*

Last month, OMB management guru Jeff Zients unveiled the Obama administration's five-part internet technology (IT) reform proposal during a talk before the Northern Virginia Tech Council. Highlighting the administration's achievements in IT reform thus far – including the launching of the IT Dashboard and a recently concluded review of federal financial system projects – Zients sketched out the five parts: introducing budget and acquisitions flexibility, strengthening program management, increasing accountability, increasing engagement with industry, and adopting light technologies.

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OMB Watch Criticizes House Vote on Estate Tax Amendment

WASHINGTON, Dec. 17, 2010—OMB Watch today criticized the House's Dec. 16 failure to adopt Rep. Earl Pomeroy's (D-ND) estate tax amendment to the Bush tax cut compromise reached by President Obama and congressional Republicans. The vote against the Pomeroy amendment indicates that the nation's fiscal priorities have been cast aside in favor of the estate planning needs of the wealthiest 0.3 percent of Americans.

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Customer Reviews of the Year in Federal Fiscal Policy

Fiscal policy determines a lot of things in your daily life. From the number of food inspectors that USDA can employ, to the availability of FBI agents to track down suspected terrorists, to the quality of the roads you drive on, fiscal policy is what makes this country tick. If you were running a country and were shopping around for fiscal policies, would those proposed in 2010 by Congress and President Obama be the first ones you'd grab off the shelf? Before you buy, you may want to consider what other customers thought about the Fiscal Policy of the United States of America in 2010.

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The Fine Print Is Now Available on Kindle

Dec 13, 2010 by Brian Gumm

The Fine Print is now available for Kindle users via Amazon.com. According to Amazon, "Kindle Blogs are auto-delivered wirelessly to your Kindle and updated throughout the day so you can stay current. It's risk free — all Kindle Blog subscriptions start with a 14-day free trial. You can cancel at any time during the free trial period." Additionally, blogs on Kindle give you full-text content and images. A Fine Print subscription for Kindle users is just $1.99 per month, and a portion of the proceeds go to OMB Watch.

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All Your Tax Cuts Are Belong to Us

Dec 13, 2010 by Craig Jennings

This chart of average tax cuts per income group under several plans to extend various provisions of the Bush tax cuts, via the Washington Post's Ezra Klein, made my jaw drop this afternoon.

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Congress Debates Multitude of Options for FY 2011 Budget and Food Safety

Dec 13, 2010 by Sam Rosen-Amy

It’s been a while since we’ve checked in with the FY2011 budget, what with all the hullabaloo over deficit reports and the Bush tax cuts. But with the current continuing resolution (CR) set to expire on Saturday, Dec 18, and Congress planning to adjourn at the same time, we’re coming down to the wire. Almost three months after the start of the 2011 fiscal year, Congress is finally making some progress with passing a budget, but is faced with three options: an omnibus bill combining all twelve spending bills into one big bill, a full-year CR, or a short-term CR.

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CBO Monthly Budget Review, November 2010

Dec 9, 2010 by Gary Therkildsen*

On Monday, the Congressional Budget Office (CBO) released its Monthly Budget Review (MBR) for November. Two months into fiscal year (FY) 2011 and the federal government is $283 billion in the hole. The good news is that this deficit is $14 billion less than the shortfall the government experienced at this time last year. The continuing bad news is that budget deficits like this are going to continue well into the future. Oh, and according to the report, the economy is "strengthening," which is also good news.

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