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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Bush's Fiscal Rhetoric Falls Short

In case you missed it this morning, OMB Watch released a statement responding to the president's State of the Union address last night. In short, we were unimpressed with Bush's empty rhetoric about fiscal responsibility and balanced budgets. Bush's Fiscal Policy Rhetoric Continues to Fall Short

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Senate Detours En Route to the Minimum Wage

The Senate appears less eager than the House did to pass the minimum wage hike. Its deliberations on S.2, the Fair Minimum Wage Act of 2007, continued after this afternoon's votes on numerous amendments and a cloture vote. Two things are now clear:

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Hot Off the Press

CBO's The Budget and Economic Outlook: Fiscal Years 2008 to 2017 is now available.

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Bush's Fiscal Policy Rhetoric Continues to Fall Short

WASHINGTON, Jan. 24, 2007—Adam Hughes, Fiscal Policy Director at OMB Watch, made the following statement in response to President George W. Bush's 2007 State of the Union address: Last night, President Bush spent a small portion of his State of the Union address paying lip service to fiscal responsibility and balanced budgets — about the same amount of time he has committed during his presidency to actually being fiscally responsible. Nonetheless, the President made a number of vague pledges — to balance the annual federal budget, to institute long-term fixes to Medicare and Medicaid, and to "save" an otherwise incredibly stable and successful Social Security program — but provided scant details. The president urged Congress to support all of his broad proposals and to do so without raising any more revenue. Unfortunately, the president still does not understand that this approach just won't work, and given his track record, it is difficult to see his pledges last night as anything more than idle words.

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Watcher: January 23, 2007

Senate Passes New Rules on Earmark Disclosure Congress Commits More Time to Doing Its Job The Fiscal Impact of House 100 Hours Agenda Congress Can Shape War Policy through Appropriations Process

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Commissions & Task Forces & Working Groups, Oh My!

Yesterday afternoon, Sens. Dianne Feinstein (D-CA) and Pete Domenici (R-NM) announced plans to force Congress to consider changes to entitlement programs through the establishment of yet another commission. The Feinstein-Domenici plan would require a 15-member commission to deliver recommendations one year from the date it was established and would force, through specific deadlines, action by committees, debate on the floor or each chamber, and conference committee negotiations. Everything is scripted just so in the Feinstein/Domenici plan.

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Senate's Second Chances for Line-Item Slim

A new edition of the old GOP chestnut, the line-item veto, is getting substantial Senate floor time during consideration of S. 2, the Fair Minimum Wage Act. Senate Budget Committee ranking member Judd Gregg (R-NH) has offered an amendment to the minimum wage bill to grant the president line-item "enhanced rescission" authority to strike earmarks from tax and spending bills.

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PayGo on TPM Cafe

An interesting discussion on PayGo has popped up on TPM Cafe. Amitai Etzioni wrote we shouldn't go by PayGo because it'll only lead to surpluses that Republicans will squander on their well-heeled constituents. Point well taken. Paul Krugman recently made a similar point, though less in terms of PayGo and more in terms of the deficit. But that's not the end of the story. Greg Anrig at TPM Cafe has an interesting response to Etzioni's post. He thinks PayGo is a good way to define Democrats as responsible and competent and Republicans as crazy.

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Tax Gap Hearing: Consensus and Contention

The Senate Budget Committee held a hearing today on the $345 billion tax gap- or the difference between what people owe the federal government and what they pay. Overall, there was consensus that a) the tax gap does exist in huge proportions, b) we must do something about it and c) we must try to minimize doing harm to compliant taxpayers when we address the tax gap.

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Congress Can Shape War Policy through Appropriations Process

President Bush's plan to increase troop levels in Iraq has stirred up debate recently over the extent to which Congress can direct war policy. While some have gone so far as to suggest that Congress has the authority to do no more than make symbolic statements, in truth, the appropriations process gives Congress significant — albeit restricted — power to shape the course of war policy. Using the Power of the Purse

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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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