Category «Congress»

Proposed Financial Regulatory Overhaul

FoxBusiness: “Lawmakers and Obama Administration officials are moving closer to finalizing proposals to overhaul the financial regulatory system — a discussion which now includes federal insurance regulation and institutions such as Fannie Mae and Freddie Mac, but significant conflicts remain unresolved.” Related postings on financial system

Subjects: Congress, Government Documents

Testimony by Chairman Bernanke on current economic and financial conditions and the federal budget

Chairman Ben S. Bernanke, Current economic and financial conditions and the federal budget, Before the Committee on the Budget, U.S. House of Representatives, Washington, D.C., June 3, 2009 “The U.S. economy has contracted sharply since last fall, with real gross domestic product (GDP) having dropped at an average annual rate of about 6 percent during …

Subjects: Congress, E-Government, Government Documents

Report Examines Private Long-Term Care Insurance And The Challenges of Paying for Long-Term Care

“As the ongoing recession places new constraints on family and government budgets, the long-standing gap between Americans’ need for long-term care services and the public and private funding available to pay for them grows ever wider. Policymakers may be interested in exploring whether private long-term care insurance – which now covers only about 6 million …

Subjects: Congress, Government Documents, Knowledge Management

The Budgetary Treatment of Proposals to Change the Nation's Health Insurance System

The Budgetary Treatment of Proposals to Change the Nation’s Health Insurance System, May 27, 2009 “The Congress is currently considering various approaches for instituting major changes in the nation’s system of health insurance. Some of those proposals would signifi­cantly expand the federal government’s role in that sys­tem, thus raising the question of how such changes …

Subjects: Congress, E-Government, Government Documents

White House Fact Sheet: Reforms to Protect American Credit Card Consumers

Fact Sheet: “Today, President Obama signs the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, marking a turning point for American consumers and ending the days of unfair rate hikes and hidden fees. Americans need a healthy flow of credit in our economy, but for too long credit card contracts and practices have …

Subjects: Congress, Government Documents, Legislation

New GAO Reports: Endangered Species Act, Hearing on ATC Modernization, FAA Personnel Reform

Endangered Species Act: The U.S. Fish and Wildlife Service Has Incomplete Information about Effects on Listed Species from Section 7 Consultations, GAO-09-550, May 21, 2009 Fiscal Year 2010 Budget Request: U.S. Government Accountability Office, GAO-09-699T, May 21, 2009 Responses to Questions for the Record: March 18, 2009, Hearing on ATC Modernization: Near-Term Achievable Goals, GAO-09-718R, …

Subjects: Congress, E-Government, Government Documents

Senate Oversight Hearing: Troubled Assets Relief Program

Oversight of the Troubled Assets Relief Program – The witness was The Honorable Timothy Geithner, Secretary, U.S. Department of the Treasury. Statement by Timothy F. Geithner U.S. Secretary of the Treasury before the Senate Banking Committee, May 20, 2009: “Today, just four months into President Obama’s term of office, there are important indications that our …

Subjects: Congress, E-Government, Government Documents

PBGC Deficit Climbs to $33.5 Billion at Mid-Year

News release: “The Pension Benefit Guaranty Corporation posted a $33.5 billion deficit for the first half of fiscal year 2009, PBGC Acting Director Vince Snowbarger told the Senate Special Committee on Aging at a hearing today. Based on unaudited financial numbers as of March 31, the deficit represents an increase over FY 2008’s $11 billion …

Subjects: Congress, E-Government, Government Documents

Financing Comprehensive Health Care Reform: Proposed Health System Savings and Revenue Options

News release: “Senate Finance Committee Chairman Max Baucus (D‐Mont.) and Ranking Member Chuck Grassley (R‐Iowa) today released policy options for financing reform of America’s health care system…Three areas of potential funding sources explored in the financing options are: savings achieved from within the health care system from reductions in current levels of spending; reevaluating current …

Subjects: Congress, Government Documents