U.S. Department of the Treasury

On IRS and wasted stimulus dollars, the buck stops nowhere

2013-06-17 07:52:00

President Harry S. Truman's famous adage — "The buck stops here" — sat on his desk in the Oval Office as a clear reminder that as president, he was responsible for the decisions he made and what happened in his administration. It sent a...

School reform doesn't work

2013-05-17 08:15:00

In their commentary ("Six steps for post-Alonso school reform," May 14), Thomas Wilcox, Diane Bell-McKoy and Laura Gamble use many lofty and idealistic sounding words to promote their vision. However, it bears noting that education "reformers" are well-...

On Rutgers basketball, Princeton husband-hunting and Jimmy Kimmel

2013-04-08 03:00:00

"What's the second paragraph?" That is my boilerplate response when someone suggests a column idea to me. "Yeah. Right. But where do I go from there?" Not every topic is worth 700 words. So, today I will offer a few words on recent headlines in the...

$135 million in New Markets tax credits to Md. groups

2013-04-24 15:13:00

Four Maryland organizations won the right to raise $135 million for community development projects by selling federal tax credits, the Treasury Department said Wednesday. The New Markets tax credits help developers fund projects intended to add jobs and...

At 101, John Nutter is 'the oldest ... of everything'

2013-03-28 03:00:00

At 101, John Nutter likes things plain and simple. Which is why his daughter, Betty Fulton, drives him to Slye's Barber Shop on Montgomery Street. Once there, he can get his monthly haircut for $8 while taking in the relaxed, old-style atmosphere. He...

Peter P. Belz Jr., Treasury Department officer

2013-03-21 10:54:09

Peter P. Belz Jr., a retired U.S. Treasury Department appeals officer, died March 14 of pancreatic cancer at Gilchrist Hospice Care in Towson. He was 71. The son of a die maker and a homemaker, Peter Paul Belz Jr. was born in Baltimore and raised on...

A better way to track a bomber

2013-05-01 09:54:00

The mayhem in Boston the week of April 15 was a reminder of how an American city can be paralyzed by a homemade bomb. The same kinds of improvised explosive devices that menaced U.S. troops in Iraq and Afghanistan can easily be deployed by freelance...

How companies can make sure their payroll service provider is paying their taxes

2013-03-04 16:41:00

Many Maryland businesses rely on a payroll service provider to handle their tax withholdings, but they still need to make sure the Internal Revenue Service gets its due. That fact became evident in recent days, following allegations that a Bel Air...

'Bring your own' devices pose challenges for government

2013-02-22 11:57:00

Mika J. Cross, a human resources manager for the U.S. Department of Agriculture, sometimes uses a laptop issued by the agency. But she is far more likely to check email or collaborate with colleagues on one of her two personal computers. As someone...

Treasury auctions stake in Delmar Bancorp

2013-01-30 14:28:43

The Treasury Department announced Wednesday that it raised $191.3 million in its latest auction of TARP securities, including $5.8 million for its stake in Delmar Bancorp in Salisbury. The Troubled Asset Relief Program was created more than four years...

Obama's debt-ceiling strategy could put the squeeze on GOP

2013-01-23 00:00:00

A week before his inauguration, President Barack Obama said he wouldn't negotiate with Republicans over raising the federal debt limit. At an unexpected news conference Jan. 14, the president asserted that he won't trade cuts in government spending in...

Time to break up the biggest Wall Street banks

2013-01-16 00:00:00

TARP, the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008, is finally over. The Treasury Department recently announced it will soon be completing the sale of the remaining shares it owns of the banks and of General Motors....

A Treasury Department Tweet shows the improved signature of Secretary Jack Lew.

2013-06-18 14:34:00

In a scandal that has already embarrassed the IRS, a report from the Treasury Department is expected to be issued next week on the IRS conduct, who knew about it and when.

2013-05-11 20:25:03

Alan Krueger, a labor specialist, served in the Treasury Department before taking over the Council of Economic Advisers. He is on leave from Princeton University, where he is a professor.

2013-05-02 00:00:00