The Vast Majority of IRS Employees Aren't Corrupt
GSA Mishandled Executive Bonuses
EIG 2013 as Told by Your Tweets
Infographic: Nominee Limbo
Will You Be Furloughed?
Boldly Go Where No Fed's Gone Before
AUTHOR ARCHIVES
Treasury Nominee Expected to Ace Confirmation Hearing
February 12, 2013 Jacob Lew is nothing if not prepared. If the Obama administration’s critics are bracing for the possibility of a gaffe or off-message comment from the nominee for Treasury secretary, they could be waiting a long time. Lew, a veteran of confirmation hearings and budget fights, doesn’t get flustered easily, and ...
The 22 Funniest #GeithnerBookTitles Tweets
February 6, 2013 News broke late Wednesday morning that former Treasury Secretary Tim Geithner plans to write a book about his response to the financial crisis. According to the Associated Press: Geithner has not started writing the book and no timetable has been set for a deal, but an official with knowledge of ...
Why the White House keeps missing its budget deadline
February 5, 2013 When the White House missed its deadline to release a budget on Monday, officials did something a little unusual: They declined to say when the blueprint would be released. The failure to meet the deadline was not new. Under federal law, the president is required to release a budget for ...
Economy could take big hit from lapse of payroll-tax cut
February 5, 2013 The recent payroll-tax hike could play a major role in slowing down consumer spending this quarter. When lawmakers negotiated a deal last month to extend the Bush-era tax cuts for the middle class, they let the 2 percentage-point cut to the payroll tax expire. Some economists have argued that the ...
Super Bowl blackout could energize a debate on power grid
February 5, 2013
FROM NEXTGOV
Questions remain over what caused the half-hour power outage during Sunday’s Super Bowl in New Orleans. What is clear is that advocates of improving the nation’s energy infrastructure see it as a metaphor. “I think any of you who watched the Super Bowl last night know that energy is not ...
Who is Mary Jo White, Obama's choice for top Wall Street cop?
January 24, 2013 Mary Jo White, the woman President Obama plans to nominate on Thursday to lead the Securities and Exchange Commission, has earned her share of superlatives over a long, storied career. Here’s what you need to know about White, who could become the nation’s next top financial cop: She would be ...
Treasury has options on debt ceiling but all of them are ugly
January 14, 2013 If past is precedent, the Treasury Department has four responses to bumping up against the nation’s borrowing limit, none of them great. Unless Congress acts, the federal government will likely hit its debt ceiling sometime between Feb. 15 and March 1, according to a recent analysis by the Bipartisan Policy ...
What Treasury secretary Jack Lew would need to do
January 11, 2013 If confirmed as the next head of the Treasury Department, White House Chief of Staff Jacob Lew will be tagging into an immediate three-round fight, with a long tournament ahead. Over the coming 75 days, the White House will rely heavily on its Treasury secretary in battles over the federal ...
The latest debt-ceiling proposal: Issue IOU's
January 10, 2013 The $1 trillion platinum coin seems too wacky; the 14th amendment too risky. But could IOU's be the solution to an impasse on raising the nation's borrowing limit? Yes, and President Obama should publicly adopt the idea, Edward Kleinbard, a University of Southern California law professor and former chief of ...
The Emergency Debt Plan That Would Put U.S. Citizens Second
January 8, 2013 In just a few weeks, the federal government won’t be able to pay all its bills on time. If that happens, the nation could start paying its lenders, many of them foreign, before its citizens. At some point no later than March 1, the government will reach what the Bipartisan ...
