Author Archive

Clifford Marks

Oversight

S&P's warning on deficits could strengthen 'gang of six'

But the bipartisan group of senators still faces an uphill battle in cutting a budget deal.

News

S&P lowers U.S. debt outlook from 'stable' to 'negative'

Ratings agency reaffirms 'AAA' rating, but worries policymakers will fail to agree on deficit reduction.

News

Economy Insiders: Long odds on long-term budget deal

More than 60 percent of participating Economic Insiders rate the odds of Congress agreeing on a long-term deficit reduction plan this year at less than one-third

Defense

Two former Republican EPA administrators warn of 'siege' against agency

Defunding the EPA would prevent it from protecting our air and water, they say.

Oversight

Treasury slams proposal for tax holiday on foreign corporate profits

Official calls the idea a distraction from planned broader corporate tax reform.

Oversight

SEC's Shapiro comes under fire for general counsel's Madoff conflict

Lawmakers ask for details about the hiring of David Becker, who received $2 million from a Madoff investment, according to a New York Times report.

Oversight

'Gang of six' close to deficit reduction proposal

Plan is similar to the one proposed by fiscal commission led by Alan Simpson and Erskine Bowles.

Oversight

Deficit commission's final plan released

Strategy is more detailed than a draft the panel's chairmen floated in early November, but contains few fundamental changes.

Defense

TSA works on alternative airport screening process for pilots

Unions have cited concern over radiation from scanners.

Oversight

Report: TARP contracting has 'significant' transparency issues

The panel noted that private contractors were not subject to FOIA requests or public audits of their performance.