Monthly archives: December, 2008

New GAO Report: International Climate Change Programs

International Climate Change Programs: Lessons Learned from the European Union’s Emissions Trading Scheme and the Kyoto Protocol’s Clean Development Mechanism, GAO-09-151, November 18, 2008: “According to available information and experts, the ETS phase I established a functioning market for carbon dioxide allowances, but its effects on emissions, the European economy, and technology investment are less …

Subjects: E-Government, Government Documents

New GAO Report: Troubled Asset Relief Program

Troubled Asset Relief Program: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency, GAO-09-161, December 02, 2008: “Treasury has taken a number of steps to stabilize U.S. financial markets and the banking system, including injecting billions of dollars in financial institutions. Through the capital purchase program (CPP)—a preferred stock and warrant purchase program—Treasury provided …

Subjects: E-Government, Government Documents

WSJ: Participants in Government Investment Plan

“In unveiling its bank-share purchase program, the Treasury Department required nine of the nation’s largest financial-services companies to sell a total of $125 billion in preferred stock to the government, and said an additional $125 billion in stock could be bought from other firms on a voluntary basis…see a list of participating companies. Click the …

Subjects: Government Documents

Presidential Appointments: Top "Prune" Jobs

“The 2008 Prune Book describes the toughest management and policymaking jobs in Washington and the skills needed to tackle them. It is the eighth such guide in the series published by the nonpartisan Council for Excellence in Government, which recently marked its 25th anniversary of bringing leaders of business and government together in a common …

Subjects: Government Documents

GAO Report: FEMA's Rate-Setting Process Warrants Attention

Flood Insurance: FEMA’s Rate-Setting Process Warrants Attention, GAO-09-12, October 31, 2008 “Questions about the financial status of the National Flood Insurance Program (NFIP) have increased since the 2005 hurricanes, which left the program with an unprecedented $17.4 billion deficit–a debt that resulted in GAO placing NFIP on its high-risk list in March 2006. Among the …

Subjects: E-Government, Government Documents

Governors and State Legislators Propose Economic Recovery Strategy

News release: “Leaders of the National Governors Association (NGA) and the National Conference of State Legislatures (NCSL) joined together today to call on congressional leaders and the Administration to take early action to stabilize the nation’s economy. Twenty states already have cut $7.6 billion from their fiscal year (FY) 2009 budgets, and 30 states have …

Subjects: E-Government, Government Documents

Ben S. Bernanke – Federal Reserve Policies in the Financial Crisis

Chairman Ben S. Bernanke At the Greater Austin Chamber of Commerce, Austin, Texas, December 1, 2008 “As you know, this extraordinary period of financial turbulence is now well into its second year. Triggered by the contraction of the U.S. housing market that began in 2006 and the associated rise in delinquencies on subprime mortgages, the …

Subjects: E-Government, Government Documents