Category «Economy»

CBO’s Contributions to Fiscal Transparency

“On April 12, 2016, CBO Deputy Director Robert Sunshine presented at the 8th Annual Meeting of OECD Parliamentary Budget Officials and Independent Fiscal Institutions. The OECD (Organisation for Economic Co-operation and Development) defines fiscal transparency as the full disclosure of all relevant fiscal information in a timely and systematic manner. Each year, CBO produces numerous …

Subjects: Economy, Financial System, Government Documents

9/11 Families, the 28 Pages, and economic threats if Congress passes bill on monetary damages

When I returned home the evening of the 9/11 attack from my office in Washington, DC I joined colleagues throughout the legal community who stayed up for days sharing every bit of information we could obtain about the status of those who worked in the Twin Towers, Pentagon and in the plane that crashed in …

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

EWG’s 2016 Shopper’s Guide to Pesticides in Produce

“Nearly three-fourths of the 6,953 produce samples tested by the U.S. Department of Agriculture in 2014 contained pesticide residues – a surprising finding in the face of soaring consumer demand for food without synthetic chemicals. This year’s update of EWG’s Shopper’s Guide to Pesticides in Produce™ reports that USDA tests found a total 146 different …

Subjects: Economy, Environmental Law, Food and Nutrition, Government Documents, Health Care

A Peek behind the Curtain of Bank Supervision

Liberty Street Economics Blog: “Since the financial crisis, bank regulatory and supervisory policies have changed dramatically both in the United States (Dodd-Frank Wall Street Reform and Consumer Protection Act) and abroad (Third Basel Accord). While these shifts have occasioned much debate, the discussion surrounding supervision remains limited because most supervisory activity— both the amount of …

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

GAO 6th annual report on federal data and IT fragmentation

2016 Annual Report Additional Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Other Financial Benefits, GAO-16-375SP: Published: Apr 13, 2016. Publicly Released: Apr 13, 2016. WHAT GAO FOUND – In its 2016 report, GAO presents 92 actions that the executive branch or Congress could take to improve efficiency and effectiveness across 37 areas that …

Subjects: Defense, E-Government, Economy, Financial System, Government Documents, Internet, Knowledge Management

The dozen plus one CEO’s who earn more than $30M per year

USA Today: “Eleven current CEOs of S&P 500 companies, including Philippe Dauman of media giant Viacom (VIAB), Marc Benioff of online sales software maker Salesforce.com (CRM) and Robert Iger of media powerhouse Disney (DIS), are members of the lucrative $30-million-a-year club, based on an analysis of data from S&P Global Market Intelligence by USA TODAY of the 418 CEO …

Subjects: Economy, Financial System, Legal Research

Corporate Income Tax: Most Large Profitable U.S. Corporations Paid Tax but Effective Tax Rates Differed Significantly from Statutory Rate

Corporate Income Tax: Most Large Profitable U.S. Corporations Paid Tax but Effective Tax Rates Differed Significantly from the Statutory Rate, GAO-16-363: Published: Mar 17, 2016. Publicly Released: Apr 13, 2016. “In each year from 2006 to 2012, at least two-thirds of all active corporations had no federal income tax liability. Larger corporations were more likely …

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

Agencies Announce Determinations Provide Feedback on Resolution Plans of 8 Systemically Important, Domestic Banking Institutions

Federal Reserve news release: “The Federal Deposit Insurance Corporation and the Federal Reserve Board on Wednesday jointly announced determinations and provided firm-specific feedback on the 2015 resolution plans of eight systemically important, domestic banking institutions. The agencies have jointly determined that each of the 2015 resolution plans of Bank of America, Bank of New York …

Subjects: Economy, Financial System, Legal Research

Demographic and Economic Profiles of New York’s Electorate

“In advance of the New York primary on April 19, the U.S. Census Bureau presents a variety of statistics that give an overall profile of the state’s voting-age population and industries. Statistics include: Voting-age population and estimate of eligible voters (i.e., citizens age 18 and older). Breakdown of voting-age population by race and Hispanic origin …

Subjects: Economy, Education, Government Documents, Poverty

GAO Reports – Army Planning, Defense Infrastructure, Disability Insurance, Medicare

2016 Annual Report: Additional Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Other Financial Benefits, GAO-16-375SP: Published: Apr 13, 2016. Publicly Released: Apr 13, 2016. Army Planning: Comprehensive Risk Assessment Needed for Planned Changes to the Army’s Force Structure, GAO-16-327: Published: Apr 13, 2016. Publicly Released: Apr 13, 2016. Defense Infrastructure: DOD Has Made …

Subjects: Defense, Economy, Financial System, Government Documents, Health Care, Medicine