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Federal Government
President Obama To Congress: We Should Invest In Infrastructure PDF Print E-mail
Federal Government
By Administrator   
Wednesday, 14 May 2014 15:23

TARRYTOWN, N.Y. (AP) — President Barack Obama is warning that if the U.S. doesn't update its roads, ports and bridges, businesses will look elsewhere to invest.

 
Obama is pressing Congress to spend more on infrastructure during a visit to New York's Tappan Zee Bridge. The dilapidated bridge is being replaced at a cost of nearly $4 billion.
 
Obama says normally the bridge permit would have taken up to five years. He says he fast-tracked the process for major projects so it only took 1 1/2 years. Obama says he's adding 11 more projects to that fast-track process.
 
Obama says China and Europe spent many times more than the U.S. on infrastructure. Obama says America should be first in infrastructure spending.
 
He says, quote, "First-class infrastructure attracts first-class jobs."
 
Last Updated on Wednesday, 14 May 2014 15:24
 
IRS Paid Out $13 Billion In Improper Earned Income Tax Credits PDF Print E-mail
Federal Government
By Administrator   
Tuesday, 13 May 2014 13:16

WASHINGTON (AP) — The Internal Revenue Service paid more than $13 billion in tax credits last year to people who may not have qualified, a government investigator said Tuesday.

 
The Earned Income Tax Credits were supposed to go to low-income working families.
 
The agency's inspector general issued a report Tuesday saying the improper payments were between $13.3 billion and $15.6 billion. That's about a quarter of all EITC payments.
 
"The IRS can and must do more to protect taxpayer dollars from waste, fraud and abuse," said J. Russell George, the Treasury inspector general for tax administration.
 
The IRS said it is aggressively fighting tax fraud, and is improving its efforts to police EITC payments. The agency said it has stopped nearly 15 million suspicious returns since 2011, blocking more than $50 billion in fraudulent refunds.
 
"The IRS remains deeply concerned about the level of improper payments, and a major review currently underway is exploring a wide range of options to distinguish valid claims from excessive ones," the IRS statement said.
 
The Earned Income Tax Credit is one of the nation's largest anti-poverty programs. In 2011, more than 27 million families received nearly $62 billion in credits.
 
The credit is attractive because, if it is larger than your total income tax bill, the IRS will pay you the difference. This is especially helpful to low-income families because many pay little or no federal income tax.
 
But it also makes the credit more susceptible to fraud.
 
Using IRS statistics, the inspector general's report provided an estimated range of improper EITC payments from 2003 through 2013. The report says the IRS paid out at least $124.1 billion in improper payments during the period, and perhaps as much as $148.2 billion.
 
Families earn the credits by working and earning money, though there are income limits. The size of the credit depends on your income and the number of children you have.
 
This year, a married couple with three or more children can earn up to $52,427 and still qualify for the credit. A married couple with two children can earn up to $49,186 and still qualify, according to the IRS.
 
The maximum credit this year is $6,143 for families with three or more children. The maximum credit for families with two children is $5,460.
Last Updated on Tuesday, 13 May 2014 13:17
 
Feds Settle With Sallie Mae Over Interest Rates Charged To Service Members PDF Print E-mail
Federal Government
By Administrator   
Tuesday, 13 May 2014 13:08

WASHINGTON (AP) — Student lender Sallie Mae has reached a $60 million settlement with the federal government to resolve allegations it charged military service members excessive interest rates on their student loans.

 
The settlement was announced Tuesday by Attorney General Eric Holder and Education Secretary Arne Duncan.
 
The deal settles a federal government lawsuit that accused the student loan giant of violating the rights of service members by imposing overly high rates and by improperly seeking default judgments against them.
 
"We are sending a clear message to all lenders and servicers who would deprive our service members of the basic benefits and protections to which they are entitled: this type of conduct is more than just inappropriate; it is inexcusable," Holder said at a news conference. "And it will not be tolerated."
 
Federal officials estimate that roughly 60,000 service members will be compensated as part of the settlement.
 
Last Updated on Tuesday, 13 May 2014 13:09
 
Homeland Security Announces New Openings For Loaned Executive Program PDF Print E-mail
Federal Government
By Administrator   
Thursday, 08 May 2014 14:38

RALEIGH, (SGRToday.com) - The Department of Homeland Security today announced new Loaned Executive Program openings, which will bring the Department and private-sector expertise together to support efforts to promote travel and tourism under the Transportation Security Administration (TSA) and U.S. Customs and Border Protection (CBP).

 
“We want to leverage the private sector’s best talent to improve the travel experience for the American public and those who we welcome as visitors to our country.  DHS is committed to facilitating lawful travel and tourism,” said Deputy Secretary Alejandro Mayorkas in a news release.  “Private sector integration in the development of our policies and processes ensures a coordinated approach to identifying innovative solutions to our homeland security challenges.”
 
DHS is offering the following open positions:
 
-- Senior Advisor, Customer Service: In this position, a loaned executive will advise TSA and CBP on ways to improve customer service.
 
-- Senior Advisor, Line and Crowd Management:  This loaned executive will advise TSA and CBP on issues related to the airport systems flow of international travelers with domestic connections including existing policies, procedures, and training related to the systems flow of travelers.
 
-- Senior Advisor, Logistics:  In this position, a loaned executive will advise TSA and CBP on issues related to airport systems flow of international travelers and analyze arrivals and connections
 
-- Senior Advisor, Metrics: This loaned executive will advise CBP on and clarify issues related to the collection and analysis of data on the airport systems flow of international travelers.
 
-- Senior Advisor, Self-Service Technology:  In this position, a loaned executive will help TSA and CBP clarify issues related to the development and deployment of enterprise level self-service technologies.
 
-- Senior Advisor, Staffing Models:  This loaned executive will help CBP on issues related to the development and management of enterprise level personnel management.
 
The positions include a six-month assignment with the option for a six-month renewal. While these positions do not include a government salary, participants in the Loaned Executive Program still draw their regular salary and benefits from their private-sector employer. Qualified applicants should visit the DHS Loaned Executive Program Current Openings page on www.dhs.gov to submit a resume before the deadline, Tuesday, May 27, 2014.
Last Updated on Thursday, 08 May 2014 14:39
 
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