During the 112th Congress, progress was made by both the House and Senate to enact a new Farm Bill. As the House and Senate Agriculture Committees prepare to mark up draft Farm Bills in mid-May, they should examine the progress, as well as the missteps, that were made during the last Congress. Lipstick won’t change the Farm Bill from being a piggy piece of legislation.
Tax Refund Fraud and Identity Theft – an Update
April is the cruelest month for most taxpayers, but for a growing number of them, it is the months that follow that do the most damage.
Bi-, Bi-, Biennial Budgeting!
While not as entertaining as “Bye, Bye, Birdie,” the bobby-soxer romp of the early 1960s, biennial budgeting represents a refreshing change-of-pace from the dour melodrama that Congress’ current fiscal discourse has become. On March 22, 2013, Sens. Johnny Isakson (R-Ga.) and Jeanne Shaheen (D-N.H.) scored a preliminary victory on the issue when the Senate voted 68-31 in favor of their amendment (S. Amdt. 138) to the Senate’s first-in-four-years budget resolution. The Isakson-Shaheen effort provides a matinee preview to their legislation, S. 554, the Biennial Budgeting and Appropriations Act, that would be needed to implement the recommendations included in the upper chamber’s budget resolution, which does not carry the force of law.
The Devil is in the Details on STEM Consolidation
There is little doubt that science, technology, engineering and math (STEM) programs are essential to the nation’s ability to compete in the global economy.
Further Scrutiny for the “Little Crappy Ship”
A senior naval commander believes the troubled Littoral Combat Ship (LCS), or “Little Crappy Ship” as it has been referred to inside the Navy, does not have enough firepower. Other analysts believe the ship is not survivable.
ECPA Reform Necessary to Prevent Unwarranted Searches
The Electronic Communications Privacy Act (ECPA) was enacted in 1986, long before widespread use of the Internet. Today’s society communicates in a dramatically different manner than in 1986, with an increasing amount of data stored digitally with third party providers.
Durable Medical Equipment: Free Market Principles Will Deliver Best Options for Taxpayers
In 2003, Congress passed the Medicare Modernization Act (MMA – P.L. 108-173). This law made some substantial changes to Medicare and adding competitive forces to the program was a strong theme.
Same old thing: Tax and Spend
We were provided a joint analysis of President Obama’s budget by the House and Senate Republican Budget Committees.
Another Deficit Driver: Contractor Pensions
Since the 1980s, private companies, the federal government, and several state governments have eliminated the uncertainties and risks associated with managing defined benefit pension plans (low interest rates, stock market declines, and an aging work force) and have migrated to defined contribution retirement options. However, many companies that contract with the federal government have continued to offer defined benefit plans, in part because the investment risks are absorbed by the taxpayers through reimbursements for pension shortfalls.
Disability is the New Welfare
The two primary federal disability insurance programs, Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI), provide assistance to individuals with disabilities. SSDI is funded through payroll taxes and can be supplied on a permanent or temporary basis. SSI is a means-tested program for low-income individuals and is funded through general revenues. While tested enrollment in both programs has increased, the precipitous rise of SSDI beneficiaries is a more expensive proposition.