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Follow up to previous postings on digital television transition, “by a vote of 264 to 158, the House of Representatives approved S. 352, the DTV Delay Act, which will postpone the transition to digital television until June 12, 2009. This delay will grant millions of households the chance to be prepared for the transition and …
Estimated Macroeconomic Effects of the Inouye-Baucus Amendment in the Nature of a Substitute to H.R. 1, February 4, 2009, Letter to the Honorable Judd Gregg. “At your request, the Congressional Budget Office (CBO) has conducted an analysis of the macroeconomic impact of the Inouye-Baucus amendment in the nature of a substitute to H.R. 1. CBO …
The 2009 Future Years Defense Program: Implications and Alternatives, February 4, 2009, Testimony before the Committee on the Budget, U.S. House of Representatives “In CBOs projection, defense resources average about $549 billion annually (in constant 2009 dollars) from 2014 to 2026, or about 6 percent more than the $517 billion in total obligational authority (TOA) …
Senate Committee on Banking, Housing and Urban Affairs, Modernizing the U.S. Financial Regulatory System, February 4, 2009. Witnesses – Paul A. Volcker, Chair of the President’s Economic Recovery Advisory Board and former Chairman, Board of Governors of the Federal Reserve System; and Mr. Gene L. Dodaro, Acting Comptroller General of the United States. Related postings …
Statement of John F. Bovenzi, Deputy to the Chairman and Chief Operating Officer, Federal Deposit Insurance Corporation on Promoting Bank Liquidity and Lending Through Deposit Insurance, Hope for Homeowners, and Other Enhancements before the Committee on Financial Services; U.S. House of Representatives, February 3, 2009. “As part of our contingency planning, the FDIC would recommend …
Office of the Special Inspector General for Iraq Reconstruction (SIGIR) – Hard Lessons: The Iraq Reconstruction Experience, February 2, 2009 “Since the March 2003 invasion, the Congress appropriated about $50 billion in taxpayer dollars for Iraq’s relief and reconstruction. This generous provision funded a continuously evolving rebuilding program that sought, among other things, to restore …
Estimated Budget Effects Of The Revenue Provisions Contained In Titles I And III Of S. 350, The American Recovery And Reinvestment Tax Act Of 2009, As Reported By The Committee On Finance Related postings on American Recovery and Reinvestment Act Related postings on financial system
“The American Recovery and Reinvestment Act of 2009, adopted by the House this week, includes strong privacy provisions (“Subtitle D – Privacy“) for the proposed medical health network. Among the key provisions: a ban on the sale of health information, audit trails, encryption, rights of access, improved enforcement mechanisms, and support for advocacy groups to …
Supplemental appropriations for job creation and preservation infrastructure investment, energy efficiency/science, assistance to the unemployed, and State/local fiscal stabilization: H.R. 1 – American Recovery and Reinvestment Act of 2009 (680 pages, PDF) Related postings on financial system More documents via U.S. News.com Stimulus Watch
The Congressional Oversight Panel (COP) – “COP released its special report on regulatory reform today. The report discusses how regulation would have averted the crisis that we are in today, and how the implementation of smart regulation will help the United States can prevent another financial crisis and determine our economic success in the years …
News release: “The House Oversight Committee asked the nations IGs to identify all recommendations made between January 1, 2001 and December 31, 2008 that had not been implemented by federal agencies. The information provided shows that the Bush Administration failed to implement 13,847 recommendations since 2001, which could have saved taxpayers $25.9 billion. Almost half …
Testimony, CBO, Statement of Douglas W. Elmendorf, Director, The State of the Economy and Issues in Developing an Effective Policy Response before the Committee on the Budget, U.S. House of Representatives, January 27, 2009. “The economy is currently enduring a recession that started more than a year ago. CBO projects that, in the absence of …
