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The Committee for a Responsible Federal Budget: “Based on the score from the Congressional Budget Office (CBO), the budget deal would increase next year’s deficit to roughly $1.2 trillion. Annual budget deficits would remain over $1 trillion indefinitely.”
Reveal from The Center for Investigative Reporting: “In the 1930s, the federal government encouraged lending institutions to deny mortgages to people who lived in neighborhoods with large populations of immigrants and African Americans. The practice became known as redlining because the government drew lines around certain neighborhoods, deeming them “hazardous,” and colored them red. It …
Via Ron Freidmann: “Stephen McGarry of AILFN publishes an updated book with chapters by 30+ legal market thought leaders covering many timely topics.” Ron’s KM chapter is here.
Fortune’s 21st annual list of the country’s greatest places to work truly has something for everyone. Search the full list Explore the List
The Guardian: ““Car nation” Germany has surprised neighbours with a radical proposal to reduce road traffic by making public transport free, as Berlin scrambles to meet EU air pollution targets and avoid big fines. The move comes just over two years after Volkswagen’s devastating “dieselgate” emissions cheating scandal unleashed a wave of anger at the …
BoingBoing: ‘The USA has moved up in the Tax Justice Network’s Financial Secrecy Index to number two, behind Switzerland; in reality, though, the UK is the world’s worst money-laundry, but because its laundering activities are spread out over its overseas territories — taken as a whole, the UK leads the world in helping criminals and …
“The New York Fed’s Center for Microeconomic Data today released our Quarterly Report on Household Debt and Credit for the fourth quarter of 2017. Along with this report, we have posted an update of state-level data on balances and delinquencies for 2017. Overall aggregate debt balances increased again, with growth in all types of balances …
24/7 Wall St: “Though the presidency of the United States is a prestigious job, it does not pay as well as one might think. The annual presidential salary is $400,000, While this is still within the top 1% of American earners, it is very little when compared to the typical compensation given to America’s CEOs …
“Nearly half of U.S. states saw their well-being scores decline by a statistically significant margin in 2017, according to the Gallup-Sharecare Well-Being Index. And, for the first time in nine years of tracking changes in state well-being, no state saw statistically significant improvement from the year before. The 21 U.S. states that saw their well-being …
Macrotrends: “Interactive chart of the Dow Jones Industrial Average stock market index for the last 100 years. Historical data is inflation-adjusted using the headline CPI and each data point represents the month-end closing value. The current month is updated on an hourly basis with today’s latest value. The current price of the Dow Jones Industrial …
Federal computer Week: “…In its proposal, the White House terms the current civil service system “a relic of an earlier era,” and calls the laws and regulations surrounding hiring, pay, performance management and retirement “complex and outdated.” One of the proposed reforms to the civil service includes a pay freeze for civilian employees in 2019; …
Addendum to the President’s FY19 Budget to Account for the Bipartisan Budget Act of 2018 An American Budget – President’s Budget FY 2019 Major Savings and Reforms Mid-Session Review FY 2018 Analytical Perspectives Appendix Historical Tables Supplemental Materials Fact Sheets Supplementals, Amendments, and Releases Past President’s Budgets See also Politico – “The White House released …
