Press Releases

 

Entries in US Treasury (22)

Tuesday
Jan152013

ALG's Daily Grind - The true 'conservatives' 

Jan. 14, 2013

The true 'conservatives'

Paul Krugman and Narayana Kocherlakota call for more "stimulus," continuing one of America's oldest traditions: incurring debt.

Obama's loo-worthy Treasury appointment

Only Obama could appoint someone who insisted to Congress that the Obama budget that he crafted would not add to the debt of the United States in spite of the fact that it never produced an annual deficit lower than $600 billion over 10 years.

Republicans must show that they are serious about spending cuts

Republicans must ask themselves how voters, who constantly hear their campaign promises to cut spending and tackle the out-of-control government debt, will react when they cannot even enforce the sequester cuts that they voted for.

TheHill.com: Calif. governor says Medicaid expansion will cost $350 million

California Governor Jerry Brown puts the lie to the Obama Administration's claim that Medicaid expansion would not be onerous on states, with the state's bill coming in at $350 million.

Tuesday
Nov132012

CEI Today: CEI sues Treasury Dept, fiscal cliff, and Nov. 15 "I, Pencil" premiere

CEI SUES TREASURY

CEI.org: CEI Sues To Force Release of Carbon Tax E-Mails


On Tuesday, the Competitive Enterprise Institute filed suit to force the Treasury Department to release more than 7,300 emails that discuss a new “carbon tax” Obama administration allies in Congress are expected to propose in the upcoming lame duck session.


The suit, filed in U.S. District Court in Washington, D.C., seeks emails on official government accounts that CEI had requested under the Freedom of Information Act.  Treasury has said nothing about this topic publicly, but the existence of such extensive email traffic likely reflects extensive discussions between Treasury officials, outside pressure groups and other special interests groups.


The administration has refused to issue one of its relatively common fee waivers for the documents. It cited the cost of photocopying 7,000-plus emails and claimed disclosure “would not significantly inform the public about operations or activities of government.”  > Read more about the lawsuit


> Interview Christopher Horner, author of The Liberal War on Transparency

> Related: EPA chief’s secret ‘alias’ email account revealed

 

FISCAL CLIFF - MATT PATTERSON

PRESSTV: What Obama's win means for "fiscal cliff"

 

Without skipping a beat after President Obama’s re-election, US lawmakers moved on to address a looming deadline that would force austerity measures on the nation’s spending.


The deadline called a “fiscal cliff” expires at the end of the year--making cuts, raising taxes, and threatening the US credit rating.

> View the interview with Matt Pattson on PressTV

 

> Interview Matt Patterson

COMING NOVEMBER 15...

 

 

The Competitive Enterprise Institute is proud to announce a new ambitious film project: an animated adaptation of I, Pencil by Leonard Read.

> View the I, Pencil trailer


 

 

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

Friday
Sep142012

CEI Weekly: CEI Files Lawsuits Against EPA and Treasury Department 

Friday, September 14, 2012

 

 

Feature: CEI seeks to keep "most transparent ever" administration to its word. 

FEATURE: CEI Files Lawsuits Against EPA, Treasury Department

 

CEI filed lawsuits this week against the Environmental Protection Agency and the Treasury Department to stop the Obama Administration's stonewalling of Freedom of Information Act requests. Read more about the lawsuits in the press releases and news articles below.

 

September 10th press release: CEI Files Suit to Force Administration to Comply with FOIA

September 11th press release: CEI Files Groundbreaking Lawsuit Against EPA For Hiding Agency Records on Private E-mail Accounts

 

The Washington Examiner: Think Tank Sues EPA For Official's Secret Emails

The Daily Caller: Free Market Think Tank Sues Treasury Dept. For Withholding Internal Carbon Tax Documents

Legal Newsline: Group Says Obama Administration Officials Skirting FOIA Laws

 

 

SHAPING THE DEBATE

 

Labeling of Genetically-Engineered Food a Losing Proposition

Gregory Conko and Henry I. Miller's op-ed in Forbes

 

TRUST Act Deceit: Federal Government Deceives Sheriffs Into Detaining Immigrants

David Bier's op-ed in The Huffington Post

 

Low-Skilled Immigrant Workers Are Vital to Economy

David Bier's op-ed in Forbes

 

Executive Branch Makes Power Grab to Create New Spectrum Architecture Without Congress

Fred Campbell's post on DriveInnovation.org 

 

A Victory For E-Book Buyers

Wayne Crews' citation in The Denver Post

 

Republicans Drop Energy Efficiency From Platform

William Yeatman's op-ed in Bloomberg News

 

'The Human Quest' Calls For New Industrial Revolution

Myron Ebell's citation in Boulder Weekly

 

More Than 1600 Pages of Regulations Added to Federal Register Last Week,  Cost Now $1.4 Trillion a Year

CEI's citation in The Daily Caller

 

 

 

 

 

 

 

 

 

 

 

 

                     

 

 

CEI PODCAST

 

September 13, 2012: CEI Sues EPA

 

The EPA has been stonewalling a Freedom of Information Act (FOIA) request from the Competitive Enterprise Institute since 2010. Since the EPA has no intention to comply with the law, CEI has sued the EPA in a case that could set a major precedent in government transparency. Energy Policy Analyst William Yeatman explains how agency officials have been using private email accounts to conduct official business, arguing that non-governmental email accounts are exempt from outside scrutiny. CEI argues that basic transparency demands that public information be made public.

Saturday
May052012

ALG's Daily Grind: Treasury postpones decision on floating interest rates

May 4, 2012

 

Treasury postpones decision on floating interest rates

Floating interest rates on U.S. treasuries? Isn't that risky?

 

Video: EPA Official Wanted To "Crucify" Oil Companies

We knew it all along, a member of the Obama administration was caught on camera hinting that he wanted to "crucify" oil companies. He not only said it, but he tried to do it.

 

Possible affirmative action bluff 'Warrents' a second look

Did Elizabeth Warren lie about her ethnicity to get into law school?

 

Obamacare program asks for billions more while expecting to lose $3.1 billion; Congress investigates

The same Administration that gave us Solyndra, had told us last year to expect a CO-OP loan default rate of 30 percent to 35 percent. Now it appears that the expected loss rate is 43 percent.

Thursday
Jan262012

ALG and Rep. McMorris Rodgers Blast Treasury Department for Transparency Failure on IMF European Bailout 

Jan. 25, 2012, Fairfax, VA—House Republican Conference Vice Chair Cathy McMorris Rodgers and Americans for Limited Government (ALG) president Bill Wilson joined together today in expressing deep concerns about the failure of President Barack Obama's Treasury Department to comply with even minimal transparency standards in their dealings with the International Monetary Fund (IMF).

 Representative McMorris Rodgers, the sponsor of legislation rescinding a $100 billion credit line that Congress, asserts, "It is simply unacceptable for the Treasury Department to continue to ignore legitimate inquiries about the U.S. participation in the European Union financial crisis. The Secretary's failure to meet the bare minimum standards of transparency makes it all the more urgent that Congress rescind the $100 billion line of credit which the Secretary oversees."

Wilson, whose group on Jan. 12 filed an administrative appeal to the Treasury Department due to their failure to respond to Freedom of Information Act (FOIA) requests on the same subject, agrees stating, "It is simply outrageous that the Obama Administration is trying to hide information from the American people about a $100 billion liability that this President supported and signed into law."

On Nov. 22, the Treasury Department had requested an extra ten days to process the ALG request in a timely fashion, which should have been received on Jan. 5. 

"These delays are simply inexcusable when billions of U.S. taxpayer money is already being put at risk," Wilson said.

In addition to the $100 billion credit line, the U.S. also currently provides the IMF with a $64 billion quota that can be lent.  So far, at least $27.68 billion of U.S. funds has been given to foreign governments with a promise of repayment, including $22 billion from the quota, according to the IMF.

The additional $100 billion dramatically expands the IMF's ability to tap the U.S. taxpayer to bail out nations like Greece and the banks that enabled them to continue their out of control spending policies that have led them to financial ruin.

"Based on publicly available information, we know the U.S. is already bailing out Europe. The question is to what extent, which a proper response to our FOIA request by Treasury would reveal," Wilson explained.

The credit line which has already been tapped for $7.2 billion according to the IMF thus far  allows the international organization to draw more than $100 billion of U.S. taxpayer dollars without any additional authorization from Congress. The McMorris Rodgers legislation would eliminate the liability.

"If President Obama feels that the U.S. taxpayer should bail out the failed socialist states of Europe, then he needs to come to Congress and request the funds," McMorris Rodgers added.

Wilson concluded, "Any member of Congress who fails to put this legislation on President Obama's desk is choosing to use taxpayer money to bail out Europe and the banks that lent these out of control governments the money to continue their spending binge. No one will be able to hide from this fact, and the public is going to be outraged."

The McMorris Rodgers bill currently has 90 co-sponsors and is pending in the House Financial Services Committee.

Attachments:

Americans for Limited Government Administrative Appeal on FOIA Request, and the FOIA Request to Treasury on the International Monetary Fund, Nov. 18-Jan. 12, at http://netrightdaily.com/wp-content/uploads/2012/01/Treasury-IMF-FOIA-Appeal_Binder_01-12-12.pdf .

Interview Availability: Please contact Rebekah Rast at (703) 383-0880 or at rrast@getliberty.org to arrange an interview with ALG President Bill Wilson.