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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FY 2009 Deficit Projection Revised Upward to $482 Billion

OMB released the FY 2009 Mid Session Review (MSR) today, and the headlines are blaring that the document revises the White House's projected

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Waste in Iraqi Reconstruction Continues...

Kahn Bani Sa'ad Corrections Facility, Iraq The Special Inspector General for Iraqi Reconstruction (SIGIR) has released a new audit report today concerning the work (or lack thereof) of Parsons Delaware, Inc., a contractor who was doing design and construction work on

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Senate Blocks LIHEAP Bill

Responding to skyrocketing energy prices, Senate Republicans voted Saturday to deny increased assistance for heating and cooling bills for low-income families. Instead, they would prefer to deliver help 10 years from now, the soonest ANWR or outer continental shelf oil could possibly be delivered to the market.

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Swing and a Miss on Canceling SCHIP Cuts

The Senate missed an opportunity this week to beat back a Bush administration policy that will keep low-income kids from receiving government insurance.

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Drug Manufacturers See $3.7 Billion Medicare Windfall

The law that created the Medicare drug benefit, or Medicare Part D, mandates that Medicaid beneficiaries who were also eligible for Medicare ("dual eligibles") receive their drug coverage from the Medicare drug program rather than Medicaid. So, rather than be allowed dual eligibles to choose between two programs, when the new Medicare law went into effect, it shifted Medicare-eligible Medicaid beneficiaries into the new program. As it turns out, drug manufacturers benefited handsomely from the switch.

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GAO Report Details Disturbing Lack of Independence of Pentagon Contract Auditors

The GAO has released a report written as part of its investigation into complaints that the Defense Contract Audit Agency (DCAA) acted improperly in making some contractor audit decisions. Specifically, GAO looked into whistleblower allegations that, in 14 audits of seven contractors, DCAA worked to suppress findings of contractor waste, fraud, and abuse.

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Minimum Wage Increases Minimally

The federal minimum wage will increase to $6.55 per hour today, the second bump that is part of a law passed last year to increase the wage to $7.25 by next summer (see this story in the Atlanta Journal-Constitution). As the AJC correctly points out, the increase will have a significant impact in Georgia, but for more than half the states, it won't do much because the federal government is woefully behind the curve:

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America Continues to Drown in Debt

Those wacky legislators in Congress are at it again. Democrats have added language to once again increase the national debt ceiling, or debt limit, which is the maximum amount of debt the federal government can issue. Democrats added language to a housing relief bill increasing the limit by another $800 billion to an astounding $10.615 trillion (that's trillion with a "t").

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Byrd Postpones Second Supplemental, Two Other Approps Bills

Appropriations Committee chair Robert Byrd (D-WV) stated yesterday that he is postponing markups of the Interior-Environment and Legislative Branch FY 2009 appropriations bill and a second supplemental bill. The announcement to push off the supplemental comes a week after Bryd announced July 10 that he planned to markup the measure July 24. His reluctance to move Interior-Environment is similar to that of House Appropriations Committee chair David Obey's (D-WI) -- uncertainty about their ability to block Republican-backed oil and gas drilling provisions that would be tacked on to the bill.

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JEC Ranking Member Highlights Troubling Trend in Income Inequality

Joint Economic Committee ranking member Jim Saxton (R-NJ) musters moral fibre to stand up for the downtrodden richest one percent among us to lament the growing burden that increasing shares of income are placing upon this voiceless group. It's true: According recently-released IRS data, while the richest one percent of taxpayers (as measured by adjusted gross income) saw their share of income grow from 20.8 percent to 22.1 percent from 2000 to 2006, they also saw their share income taxes climb from 37.4 to 39.9 in that same time.

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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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