TARP: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency

That's the title of a report released today by the Government Accountability Office (GAO). The report, prescribed by the Troubled Asset Relief Program (TARP) legislation, is the first of a recurring series to the appropriate committees of Congress and the Special Inspector General for TARP.

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Who Pays What Taxes?

Two new reports highlight just who is paying taxes. One report shows 61 percent of U.S. controlled corporations paid no taxes between 1996 and 2000.

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Office of Management and Budget May Be the Only Government Programs' Evaluator

First, GPRA, then PART, and now PAR - government performance measures continue to multiply. More alarming is their morphing from bipartisan efforts that had a role for both the executive and legislative branches; to performance measures dictated by the executive branch in order to control spending to support political objectives.

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Lost revenue from tax evasion

The nation is loosing up to $40 billion in revenue per year from tax avoidance, according to a story in today's Washington Post.

The story also indicates that "...efforts to shift resources to the problem have slowed considerably, even as the extent of the problem has unfolded."

In fact, according to the story, last year the IRS commissioner admitted that "79 percent of identified taxpayers who use abusive devices such as offshore accounts are not pursued."

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Cheaper at Half the Price

According to the results of a joint NPR-Kaiser Family Foundation-Kennedy School of Government poll released last month -- and confirmed by almost every other poll on Americans' attitudes toward tax cuts - we are all in favor of tax breaks, until we understand what we have to give up in return.

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GAO Reports on Job Prospects of Former TANF Recipients with Impairments

A recent study conducted by the General Accounting Office (GAO) examined the job prospects of people leaving the Temporary Assistance for Needy Families (TANF) program. Specifically, the study, shows that recipients of TANF “who had impairments were found to be half as likely to exit TANF as recipients without impairments…” Similar rates were seen among TANF recipients caring for children with impairments as those caring for children without impairments, even when factors such as marital status and age were taken into account. According to the GAO report, former TANF recipients with impairments are “one-third as likely as people without impairments to be employed,” with 40 percent of such former TANF recipients reporting Supplemental Security Income (SSI) assistance.

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