by Jane Richey | Oct 22, 2013 | Fiscal Responsibility
The Internal Revenue Service paid out more than $110 billion in tax credits over the past decade to people who didn’t qualify for them, according to a Treasury report released Tuesday. The Earned Income Tax Credits were intended for poor working families. In his...
by Jane Richey | Oct 22, 2013 | Fiscal Responsibility, Politics
Congressional Democrats want Republicans to sign off on $50 billion worth of tax increases to eliminate the sequester’s automatic spending cuts. The next phase of these cuts will take effect Jan. 15, when government funding will drop from $986 billion to $967 billion....