The Crazy Reason Treasury Department Officials Can’t Get Their Work Done

The Crazy Reason Treasury Department Officials Can’t Get Their Work Done

By Eric Pianin

Treasury Department officials are being driven to distraction these days, but it’s not because of the expiring debt ceiling or other pressing financial controversies.

Instead, loud music from a New Orleans-style street band known as Spread Love has reportedly driven some officials and employees at the Treasury building to wear earphones to block out the noise and even move meetings to other parts of the building to find some peace and quiet.

Related: The Next Debt Crisis Could Be Much Worse than in 2013, GAO Warns

“We have to relocate our conference calls,” one Treasury employee told The Washington Post. “We can’t have meetings in that corner of the building anymore. It’s like they’re playing music in the building.”

Members of Spread Love have become fixtures of downtown Washington’s street scene and are collecting generous donations for playing their drums, trombone and other brass instruments. Tourists and other office workers out during their lunch hour appear to love the group, but not so the serious-minded economists and bean counters at the Treasury – especially when the band moves within easy shouting distance at the corner of 15th and G Streets NW.

Treasury Secretary Jack Lew’s staff members aren’t the only ones complaining about the jarring music. Partners and associates at the law firm of Skadden, Arps, Slate, Meagher & Flom find it hard to concentrate on their cases with daily interruptions. It got to the point that the firm dispatched a security guard to offer band members $200 a week if they would play somewhere else. Lonnie Shepard, one of the trombonists, told the newspaper that he laughed at the offer because “We can make that in an hour.”

Related: End of Sanctions Worth Hundreds of Billions to Iran

Rob Runyan, a spokesperson for the Treasury Department, said that employee complaints have made their way to the office of the assistant secretary for management, Brodi Fontenot, but there really wasn’t much that could be done.

“The band and other street noise are part of the distractions of working in downtown D.C.,” Runyan said in an interview Friday.   

Increasing Number of Americans Delay Medical Care Due to Cost: Gallup

iStockphoto
By The Fiscal Times Staff

From Gallup: “A record 25% of Americans say they or a family member put off treatment for a serious medical condition in the past year because of the cost, up from 19% a year ago and the highest in Gallup's trend. Another 8% said they or a family member put off treatment for a less serious condition, bringing the total percentage of households delaying care due to costs to 33%, tying the high from 2014.”

Number of the Day: $213 Million

A security camera hangs near a corner of the Internal Revenue Service (IRS) building in Washington
Jonathan Ernst
By The Fiscal Times Staff

That’s how much the private debt collection program at the IRS collected in the 2019 fiscal year. In the black for the second year in a row, the program cleared nearly $148 million after commissions and administrative costs.

The controversial program, which empowers private firms to go after delinquent taxpayers, began in 2004 and ran for five years before the IRS ended it following a review. It was restarted in 2015 and ran at a loss for the next two years.

Senate Finance Chairman Chuck Grassley (R-IA), who played a central role in establishing the program, said Monday that the net proceeds are currently being used to hire 200 special compliance personnel at the IRS.

US Deficit Up 12% to $342 Billion for First Two Months of Fiscal 2020: CBO

District of Columbia
By The Fiscal Times Staff

The federal budget deficit for October and November was $342 billion, up $36 billion or 12% from the same period last year, the Congressional Budget Office estimated on Monday. Revenues were up 3% while outlays rose by 6%, CBO said.

Hospitals Sue to Protect Secret Prices

iStockphoto/The Fiscal Times
By The Fiscal Times Staff

As expected, groups representing hospitals sued the Trump administration Wednesday to stop a new regulation would require them to make public the prices for services they negotiate with insurers. Claiming the rule “is unlawful, several times over,” the industry groups, which include the American Hospital Association, say the rule violates their First Amendment rights, among other issues.

"The burden of compliance with the rule is enormous, and way out of line with any projected benefits associated with the rule," the suit says. In response, a spokesperson for the Department of Health and Human Services said that hospitals “should be ashamed that they aren’t willing to provide American patients the cost of a service before they purchase it.”

See the lawsuit here, or read more at The New York Times.

A Decline in Medicaid and CHIP Enrollment

Dr. Benjamin Hoffman speaks with Nancy Minoui about 9 month old Marion Burgess, who suffers from a chronic heart condition, at an appointment at the Dornbecher Children's hospital in Portland
NATALIE BEHRING
By The Fiscal Times Staff

Between December 2017 and July 2019, enrollment in Medicaid and the Children's Health Insurance Program (CHIP) fell by 1.9 million, or 2.6%. The Kaiser Family Foundation provided an analysis of that drop Monday, saying that while some of it was likely caused by enrollees finding jobs that offer private insurance, a significant portion is related to enrollees losing health insurance of any kind. “Experiences in some states suggest that some eligible people may be losing coverage due to barriers maintaining coverage associated with renewal processes and periodic eligibility checks,” Kaiser said.