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Daily Archives: February 4, 2014

CRS – The United States as a Net Debtor Nation

The United States as a Net Debtor Nation: Overview of the International Investment Position, James K. Jackson, Specialist in International Trade and Finance, December 17, 2013

“The international investment position of the United States is an annual measure of the assets Americans own abroad and the assets foreigners own in the United States. The net position, or the difference between the two, sometimes is referred to as a measure of U.S. international indebtedness. This designation is not strictly correct, because the net international investment position reveals the difference between the total assets Americans own abroad and the total amount of assets foreigners own in the United States. These assets generate flows of capital into and out of the economy that have important implications for the value of the dollar in international exchange markets. Some Members of Congress and some in the public have expressed concerns about the U.S. net international investment position because of the role foreign investors are playing in U.S. capital markets and the potential for large outflows of income and services payments. Some observers also argue that the U.S. reliance on foreign capital inflows places the economy in a vulnerable position.”

Clearinghouse for the Open Research of the United States

“The Clearinghouse for the Open Research of the United States (CHORUS) is a not-for-profit public-private partnership to increase public access to peer-reviewed publications that report on federally funded research. Conceived by publishers, CHORUS: Provides a full solution for agencies to comply with the OSTP memo on public access to peer-reviewed scientific publications reporting on federally-funded… Continue Reading

President Obama to declare more than 500,000 acres protected

Outside Magazine: “In January, the White House issued a report showing that 7.3 million acres of federal land have been leased for oil and gas drilling as of December, while 2.9 million acres have been permanently protected. Seems disproportionate. On Sunday, however, the Washington Post reported that in a bold move that might change America’s public land policy, the Obama administration, using its… Continue Reading

New GAO Reports – Coal Leasing, Commercial Space Launches, Federal Contracting, Private Health Insurance, Motor Carrier Safety

COAL LEASING – BLM Could Enhance Appraisal Process, More Explicitly Consider Coal Exports, and Provide More Public Information, GAO-14-140, Dec 18, 2013 COMMERCIAL SPACE LAUNCHES – FAA’s Risk Assessment Process Is Not Yet Updated, GAO-14-328T, Feb 4, 2014 FEDERAL CONTRACTING – Commercial Item Test Program Beneficial, but Actions Needed to Mitigate Potential Risks, GAO-14-178, Feb 4, 2014 PRIVATE HEALTH INSURANCE – The… Continue Reading

Financial Assets and Conflict of Interest Regulation in the Executive Branch

Financial Assets and Conflict of Interest Regulation in the Executive Branch, Jack Maskell – Legislative Attorney, January 17, 2014 “The underlying principle of the financial conflict of interest laws adopted by Congress, and of the regulations promulgated in the executive branch, embodies the axiom “that a public servant owes undivided loyalty to the Government,” and that decisions, advice, and recommendations… Continue Reading

IRS Criminal Prosecutions Rise 23% Under Obama

Transactional Records Access Clearinghouse: “During the Obama administration, the number of criminal prosecutions referred each year by the Internal Revenue Service (IRS) has risen by nearly a quarter — 23.4 percent — over the Bush years. Prosecutions in fiscal year 2013 alone are up 30.6 percent from the previous year. Convictions are also drawing slightly longer average… Continue Reading

The National Business Ethics Survey of the U.S. Workforce

“On behalf of the Ethics Resource Center (ERC), we are delighted to share the National Business Ethics Survey® (NBES®) for 2013. We are now in our 19th year of the NBES series, which has become the pre eminent source of information about workplace conduct and ethics through  the eyes of employees themselves. Invariably, the results provide… Continue Reading

NIH study offers insight into why cancer incidence increases with age

“The accumulation of age-associated changes in a biochemical process that helps control genes may be responsible for some of the increased risk of cancer seen in older people, according to a National Institutes of Health study. Scientists have known for years that age is a leading risk factor for the development of many types of cancer,… Continue Reading

Agricultural Act of 2014 – The Farm Bill

National Wildlife Federation, Lara Bryant: “Today, the farm bill passed the Senate by a vote of 68-32, its final major hurdle to becoming law for next five years. The White House reports that President Obama will sign the bill, so after a long, long wait, and lots of hard work, wildlife lovers can celebrate a farm bill that… Continue Reading

Regulatory Reform, Stability, and Central Banking

Hutchins Center on Fiscal and Monetary Policy – Brookings – Paul Tucker Harvard Kennedy School and Business School January 16, 2014 “…Although at times preoccupied with local reform debates, the capitals of the world’s major economies confronted common issues in redrawing the rules of the road for finance. Combined with a shared desire to preserve open, global financial markets, this… Continue Reading

European Law via WorldLII

EuroLII – “Securing widespread free access to legal information (legislation, cases, legal literature) has become important globally. Europe is an example of coexistence of different legal systems where a vast amount of legal information content is provided at Community and national level. Free access facilities for comparative law research is a crucial issue, both in… Continue Reading