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Daily Archives: November 15, 2013

THOMAS will now redirect to congress.gov

Via Jennifer Manning on GovDoc – “Starting Tuesday, November 19, the main URLs for THOMAS [http://www.thomas.govhttp://thomas.gov and http://thomas.loc.gov] will be redirected to the new beta congress.gov system [ http://beta.congress.gov ].

Permanent links (e.g. “handles”) and links to subpages (for example: http://thomas.loc.gov/home/nomis.html),  will not be affected.

THOMAS will remain fully operational and updated,  and available at the following URL: http://thomas.loc.gov/home/thomas.php

These changes will remain in effect until  late 2014, when the transition is completed and THOMAS is scheduled to be retired.

Please read the press release at http://www.loc.gov/today/pr/2013/13-202.html for more details on this important transition. We encourage feedback on the new beta.congress.gov database; please visit http://beta.congress.gov/help to learn more.”

New GAO Reports – TSA, DHS Financial Management, Federal Employees, Aviation Security, Defense Logistics, Info Tech

AVIATION SECURITY- TSA Should Limit Future Funding for Behavior Detection Activities, GAO-14-158T, Nov 14, 2013 DHS FINANCIAL MANAGEMENT – Additional Efforts Needed to Resolve Deficiencies in Internal Controls and Financial Management Systems, GAO-13-561, Sep 30, 2013 FEDERAL EMPLOYEES – Opportunities Exist to Strengthen Performance Management Pilot, GAO-13-755, Sep 12, 2013 GOVERNMENT SUPPORT FOR BANK HOLDING COMPANIES – Statutory Changes to Limit… Continue Reading

McKinsey – QE and ultra-low interest rates: Distributional effects and risks

“A new report from the McKinsey Global Institute examines the distributional effects of these ultra-low rates. It finds that there have been significant effects on different sectors in the economy in terms of income interest and expense. From 2007 to 2012, governments in the eurozone, the United Kingdom, and the United States collectively benefited by… Continue Reading

New Reports TracK Financial Health of U.S. Largest Law Firms

Patrick J. Lamb: “Just days apart, Wells Fargo and Citibank released their commentary on the financial performance of the Am Law 200 law firms. The news was not pretty. Characterizations like “underproductivity” and “anemic” and “margins squeezed” littered the two reports. What do we learn from these two reports? We learn that demand from clients is dropping, there is compression… Continue Reading

Europe’s budgetary surveillance moves into full gear

News release: “The European Commission today presented a major package of budgetary surveillance announcements, covering 13 euro area Member States and 3 non-euro Member States, with a special focus also on the euro area as an economic entity in its own right. For the first time, the Commission has issued opinions on euro area Member… Continue Reading

Twitter News Consumers: Young, Mobile and Educated

Amy Mitchell and Emily Guskin – “Nearly one-in-ten U.S. adults (8%) get news through Twitter, according to a new report by the Pew Research Center, in collaboration with the John S. and James L. Knight Foundation. Compared with the 30% of Americans who get news on Facebook, Twitter news consumers stand out as younger, more mobile and more educated. In… Continue Reading