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 | Apr 23, 2013 | Fiscal Responsibility
The Internal Revenue Service (IRS) overpaid between $11.6 billion and $13.6 billion in tax credits designed to help low-income families in fiscal 2012 , the Treasury Department announced in a report released Monday. The overpayments account for 21 percent to 25...
by Jane Richey | Apr 19, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Health Care
Nearly 26 million people will be eligible for tax credits next year to help them purchase health insurance through ObamaCare’s new state marketplaces, according to a new study. The figures from liberal advocacy group Families USA shed light on the future reach...
by Jane Richey | Jan 3, 2013 | Agenda 21, Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
A recently renewed wind power credit could face more scrutiny next Congress, as House Committee on Oversight and Government Reform Chairman Darrell Issa (R-Calif.) said Wednesday that the credit is of “serious interest” to his committee. Issa criticized a...
by Jane Richey | Jan 1, 2013 | Fiscal Responsibility, Politics
Here’s a roundup— Unemployment benefits are extended for an additional year benefiting approximately 2 million out of work Americans. Tax credits for college tuition, created by the 2009 stimulus package, are extended for five year, benefiting some 25 million low...