Tag Archives: resources

GAO: Audits By Mail Recover More Uncollected Taxes

The Internal Revenue Service collects on average $1.80 in uncollected taxes for every dollar spent when performing audits in-person, the Government Accountability Office has found. According to Fierce Government, correspondence audits conducted through mail bring on average $7 for every dollar spent on those types of audits. In a report …

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US, Canada Making Progress in Trade Regulation Alignment, Report Says

The U.S. and Canada have made progress in pilot projects aimed at aligning trade regulations in both countries, a joint U.S.-Canadian task force says. According to Fierce Government, the Canada-United States Regulatory Cooperation Council is tasked with recommending ways to reduce regulatory barriers in trade between the U.S. and Canada. …

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McDonnell Submits Proposed Virginia State Budget

Virginia Gov. Bob McDonnell‘s proposed budget for 2012 through 2014 would have a net spending increase of $211.4 million over the current two-year $80 billion budget, WTOP reports. Among the increases listed in the report, the largest is a $128.2 million deposit into the state’s rainy day fund, including a …

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Rep. Capito: Fiscal Cliff Deal Can Still Happen

With the year-end deadline approaching for Republican and White House negotiators to reach a compromise on avoiding the fiscal cliff, a West Virginia lawmaker is still optimistic a deal can happen. National Journal reports Rep. Shelley Moore Capito (R-W.Va.) told a Politico-hosted event Tuesday she believes President Barack Obama will …

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IMF Chief: No Fiscal Cliff Deal, No US Economic Growth

The U.S. economy cannot grow in 2013 unless the White House and Congress reach a compromise to avoid the January fiscal cliff of automatic spending cuts and tax increases, the head of the International Monetary Fund told CNN. Christine Lagarde, the IMF’s managing director, said in an interview aired Sunday …

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Central US Energy Strategy Council Needed, Report Says

A group comprised of of former senators and executive branch leaders recommends the president establish a centralized council responsible for energy strategy, Fierce Government IT reports. The Strategic Energy Policy Initiative, a group within the Bipartisan Policy Center, said the energy secretary could lead a national council comprised of the …

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