Category «Economy»

Independence of Federal Financial Regulators: Structure, Funding, and Other Issues

CRS, February 28, 2017:  “Conventional wisdom regarding regulators is that the structure and design of the organization matters for policy outcomes. Financial regulators conduct rulemaking and enforcement to implement law and supervise financial institutions. These agencies have been given certain characteristics that enhance their day-to-day independence from the President and Congress, which may make policymaking more …

Subjects: Congress, Economy, Financial System, Legislation

The Least Healthy County in Every State

24/7 Wall St.: “By many health measures, the United States, a nation of over 320 million, is an anomaly. Despite health spending approaching $10,000 per person — which amounts to twice and even three times the spending in other affluent nations — the United States ranks 28th in life expectancy among wealthy countries, according to …

Subjects: Economy, Financial System, Food and Nutrition, Government Documents, Health Care

The 2017 Long-Term Budget Outlook

The 2017 Long-Term Budget Outlook – “CBO’s projections show a substantial imbalance looming in the federal budget over the next 30 years, with spending outpacing revenues by steadily increasing amounts. As a result, if current laws generally remained unchanged, federal debt would reach an unprecedented share of GDP, intensifying pressures on the federal budget, dampening …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

Wharton – The Vote to Deregulate Online Privacy

“Controversy continues to ramp up in Donald Trump’s presidency, with the latest debate spurred by a congressional vote that reverses landmark online privacy protections put in place during the last days of the Obama administration. While some experts say the problems with online privacy don’t loom as large as health care or immigration, the conflict …

Subjects: E-Commerce, Economy, Internet, Knowledge Management, Legal Research, Legislation, Privacy, Search Engines

Paper – Robots and Jobs: Evidence from US Labor Markets

Robots and Jobs: Evidence from US Labor Markets, Daron Acemoglu, Pascual Restrepo NBER Working Paper No. 23285, Issued in March 2017. “As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot …

Subjects: AI, Economy, Financial System, Knowledge Management

Paper – Crises and Tax

Blair-Stanek, Andrew, Crises and Tax (March 27, 2017). Duke Law Journal, Vol. 67, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2941772 “How can law best mitigate harm from crises like storms, epidemics, and financial meltdowns? This Article uses the law-and-economics framework of property rules and liability rules to analyze crisis responses across multiple areas of law, focusing particularly …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research

POGO’s 2017 Baker’s Dozen Wishlist for Congress

“The Project On Government Oversight (POGO) has unveiled its biennial list of 13 policy areas ripe for Congressional action. It includes recommendations for legislative fixes to make the federal government more transparent, accountable, and ethical. Called the “Baker’s Dozen,” these are priorities demanding immediate attention by lawmakers who are serious about improving the effectiveness of government and saving taxpayers …

Subjects: Civil Liberties, Congress, Economy, Freedom of Information, Government Documents, Legal Research, Legislation

2015 American Housing Survey National and Metropolitan Area Public Use File Microdata and Codebook

Today, the U.S. Census Bureau released the microdata and codebook for the 2015 American Housing Survey, which includes the National Public Use File. The release  contains records for the national sample and the 15 largest metropolitan areas, as well as the Metropolitan Public Use File containing records for 10 additional metropolitan areas. Microdata are files …

Subjects: Economy, Government Documents, Housing, Knowledge Management

Youth Banking Resource Center

“The FDIC is sharing resources to encourage banks and schools to work together to improve the financial skills and experiences of youth. Financial education and school-based savings programs introduce young people to financial services at an early age, while helping youth learn how to manage their money more effectively. Youth savings programs not only encourage …

Subjects: Economy, Education, Financial System, Knowledge Management

Implementation of IT Reform Law and Related Initiatives Can Help Improve Acquisitions

Information Technology: Implementation of IT Reform Law and Related Initiatives Can Help Improve Acquisitions, GAO-17-494T: Published: Mar 28, 2017. Publicly Released: Mar 28, 2017. “The Federal Information Technology Acquisition Reform Act (FITARA) was enacted in December 2014 to improve federal information technology (IT) acquisitions and can help federal agencies reduce duplication and achieve cost savings. …

Subjects: Cybercrime, Cybersecurity, E-Government, E-Mail, E-Records, Economy, Government Documents, Internet, Knowledge Management, Legal Research

The Financial Action Task Force: An Overview

The Financial Action Task Force: An Overview, James K. Jackson, Specialist in International Trade and Finance, March 23, 2017. [CRS report via FAS] “The National Commission on Terrorist Attacks Upon the United States, or the 9/11 Commission, recommended that tracking terrorist financing “must remain front and center in U.S. counter terrorism efforts” (see The 9/11 …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research

CRS – Russia: Background and U.S. Interests

Russia: Background and U.S. Interests, March 1, 2017 (R44775) “Since 1991, Congress has played a key role in the development of U.S. policy toward the Russian Federation (Russia), the principal successor to the United States’ former superpower rival, the Soviet Union. In that time, U.S.-Russian relations have gone through positive and negative periods. Each new …

Subjects: Congress, Cybercrime, Cybersecurity, Defense, Economy, Government Documents, Health Care, Internet, Legal Research, Legislation