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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles see all

Displaying items 1-5
  • Want to expand the EITC? Cut fraud first [Letter]

    Want to expand the EITC? Cut fraud first [Letter]
    It is not surprising that The Sun would want to spend even more money on the Earned Income Tax Credit, despite the fact that the Treasury Department reports that one-fourth of the recipients get the credit fraudulently ("Ryan's safety net," July 30). Fraud accounted for at least $13 billion in the 2013 tax year alone. I suppose the one-fourth fraudulent rate for the EITC is considered a grand success by The Sun. Perhaps everyone could agree the EITC should be expanded as long as the safeguards are improved to prevent those unqualified from receiving the credit. In that case, we could cut the cost of the program while giving more to the deserving, a win-win result.
  • Baltimore Housing Authority to sell 22 complexes to private developers

    Baltimore Housing Authority to sell 22 complexes to private developers
    Baltimore's Housing Authority is selling nearly 40 percent of its public housing to private developers under a national model designed to raise millions for upgrades and maintenance, Commissioner Paul T. Graziano said Wednesday. Beginning next year,...

    Hopkins researchers are creating an alternative to Bitcoin

    Hopkins researchers are creating an alternative to Bitcoin
    Inside a drab computer lab at the Johns Hopkins University, a team of researchers is trying to build something that has never existed before: a digital currency that changes hands completely in secret. Its name is Zerocoin. The untraceable currency is...

    Is Obama an über-president? [Commentary]

    Is Obama an über-president? [Commentary]
    Responding to the Obama Administration's decision to delay enforcement of certain provisions of the Affordable Care Act (ACA), a number of politicians and commentators have argued that the president is running roughshod over the U.S. Constitution. To...

    Reports raise concerns over security at federal field offices

    Reports raise concerns over security at federal field offices
    From metal detectors to ID checks, visitors entering agency headquarters and large federal facilities in and around the nation's capital are subjected to intense security — so much so that they're often warned to leave extra time to get through...