treasury

Follow the Taxpayer’s Money

Aug 18, 2007
McClatchy: "Top Commerce and Treasury Departments officials appeared with Republican candidates and doled out millions in federal money in battleground congressional districts and states after receiving White House political briefings detailing GOP election strategy."
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U.S. Investigates Michael Moore

May 11, 2007
The Treasury Department is investigating documentarian Michael Moore over a recent trip to Cuba that the government says may have violated the trade embargo. Moore brought a group of ailing 9/11 rescue workers to the island nation in making his latest film, "Sicko," an exploration of the healthcare system.

Money for Nothing

Mar 16, 2007
The news that the Treasury will once again sheepishly release a small batch of dollar coins raises the question: Why are Americans so hung up on paper money when countries like Britain and Canada have enjoyed the benefits of coinage for years? Don't scoff -- the Government Accountability Office estimates potential savings at $500 to $747.5 million annually.

New Treasury Secretary Channels Paul Krugman

Aug 2, 2006
Bush's new secretary of the Treasury, former Goldman Sachs CEO Henry Paulson, said in his first public remarks since taking office that he recognized the economy was not benefitting all Americans That's quite an understatement -- as Paul Krugman made abundantly clear in a 2002 N Times Magazine essay -- but for a Bush appointee, it was a hell of an admission .

Going Deeper and Deeper Into Hock

Mar 17, 2006
Congress just raised our debt ceiling--the amount we're allow to borrow--by $781 billion. It was either that or default on our treasury notes. This is the fourth debt-ceiling increase since Bush took office--some $3 trillion in total. Dick Cheney may have said that deficits don't matter, but try telling that to the next generation of Americans, who are going to have one helluva credit card bill to pay off.