DES PLAINES, IL - MARCH 23: The top of a form 1040 individual income tax return for 2005 is seen atop a stack on the same at the Des Plaines Public Library March 23, 2006 in Des Plaines, Illinois. Americans are preparing for the income tax filing deadline next month whether using tax software, filing on the paper forms or using a tax preparer.  (Photo by Tim Boyle/Getty Images)

A Congressional Research Service (CRS) report released October 27 said that if Congress were to permanently extend the expiring 2001 and 2003 tax cuts, it would cost more than $5 trillion over ten years, according to a story from the Bureau of National Affairs.  The report is actually an update of an earlier report on… Read more »

WASHINGTON - SEPTEMBER 23: U.S. Secretary of Health and Human Services Kathleen Sebelius (2ndL) speaks as Jim Houser (L), a small business owner from Oregon, Sen. Tom Harkin (D-IA) (2ndR), and Sen. Maria Cantwell (D-WA) listen during a news conference September 23, 2010 on Capitol Hill in Washington, DC. Senate Democrats held the news conference to announce the implementation of provisions in the Affordable Care Act. (Photo by Alex Wong/Getty Images)

Fears over the high cost of creating and running the state-based health care exchanges has prompted the Department of Health and Human Services to fund the creation of exchange prototypes. Dubbed “Early Innovators”, the program will select five state proposals to create an exchange and grant an unspecified amount of money to them to help… Read more »

Secretary of Health and Human Services (HHS) Kathleen Sebelius speaks during a news conference to explain how the Obama administration is combating Medicare fraud and to release tips and information for Medicare beneficiaries to avoid medical identity theft at HHS headquarters in Washington on October 15, 2009. UPI/Roger L. Wollenberg Photo via Newscom

After the administration recently granted waivers to some large employers struggling to comply with parts of the new health care law, ASAE this week reiterated its request that transitional relief be granted to small and medium-sized employers as well. ASAE’s comments are in response to the administration’s grandfather rules allowing companies to make modest adjustments… Read more »

WASHINGTON - APRIL 27: (AFP OUT) U.S. President Barack Obama (4th L) speaks as he greets members of the National Commission on Fiscal Responsibility and Reform, including co-chairs Erskine Bowles (3rd L) and Alan Simpson (5th L), in the Roosevelt Room at the White House April 27, 2010 in Washington, DC. The commission was holding its first formal meeting to hear remarks from Federal Reserve Chairman Ben Bernanke, OMB Director Peter Orszag, and Former OMB Directors Robert Reischauer and Rudolph Penner. (Photo by Alex Wong/Getty Images)

Yesterday, the Power of A shared that the president’s deficit commission panel is considering a number of ways to balance the budget by 2015.  However, with time running out until their December 1 deadline for recommendations, there are doubts as to whether the commission can complete its work on time. Last week the commission’s executive… Read more »

SAN FRANCISCO - SEPTEMBER 14: Twitter CEO Evan Williams is seen silhouetted against a screen as he shows off the newly revamped Twitter website on September 14, 2010 at Twitter headquarters in San Francisco, California. Twitter launched a new version of the popular social media site in hopes it will be more user friendly. . (Photo by Justin Sullivan/Getty Images)

The Obama administration has formed an inter-governmental working group designed to advise the president on Internet legislation and regulations, according to The Washington Post. The subcommittee will draw members from a number of Cabinet agencies as well as the Federal Trade Commission and Federal Communications Commission.  It will be chaired by Cameron Kerry, general counsel… Read more »