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“The 2018 Corruption Perceptions Index (CPI) released today by Transparency International reveals that the continued failure of most countries to significantly control corruption is contributing to a crisis of democracy around the world. “With many democratic institutions under threat across the globe – often by leaders with authoritarian or populist tendencies – we need to …
“CBO regularly publishes reports presenting projections that indicate what federal deficits, debt, revenues, and spending—and the economic path underlying them—would be for the current year and for the next 10 years if existing laws governing taxes and spending generally remained unchanged. This report is the latest in that series. Deficits. In CBO’s projections, the federal …
“CBO has estimated the effects of the five-week partial shutdown of the government that started on December 22, 2018, and ended on January 25, 2019. This report presents CBO’s findings, which include the following: CBO estimates that the five-week shutdown delayed approximately $18 billion in federal discretionary spending for compensation and purchases of goods and …
Axios: “Nearly 20% of Americans surveyed say they have zero savings in case of emergency, a recent survey by bankrate.com reports. Why it matters: With the jobs outnumbering the jobless, a lowering unemployment rate and wages trickling upward, Americans theoretically should have more money to put away for a rainy day fund. If an economic …
World Economic Forum: “The cost of reskilling the 1.4 million US workers likely to lose their jobs as a result of the Fourth Industrial Revolution and other structural changes over the next decade will largely fall on the government, with the private sector only able to profitably absorb reskilling for 25% of at-risk workers. This …
“Business Roundtable today released “Innovation Nation: An American Innovation Agenda for 2020,” a set of policy recommendations to secure U.S. leadership in innovation, maintain a robust U.S. economy and increase living standards for all Americans through 2020 and beyond. Innovation Nation—a cross-cutting policy agenda—provides a roadmap for the U.S. to effectively continue to compete for and win …
Quintais, João and Bodó, Balázs and Giannopoulou, Alexandra and Ferrari, Valeria, Blockchain and the Law: A Critical Evaluation (January 17, 2019). Pedro Quintais, B. Bodó, A. Giannopoulou, & A. Ferrari (2019). Blockchain and the Law: A Critical Evaluation. Stanford Journal of Blockchain Law & Policy (2)1; Amsterdam Law School Research Paper No. 2019-03; Institute for …
EveryCRSReport.com – Shutdown of the Federal Government: Causes, Processes, and Effects, December 2018: “When federal agencies and programs lack funding after the expiration of full-year or interim appropriations, the agencies and programs experience a funding gap. If funding does not resume in time to continue government operations, then, under the Antideficiency Act, an agency must …
Zillow Research: Federal employees who are not being paid during the shutdown and own their homes make about $249 million in monthly mortgage payments. Those who rent pay about $189 million for housing each month, according to a recent HotPads analysis. About 3,900 mortgage originations are processed each business day for loans backed directly by …
“If you are a furloughed federal employee, or a family member of a furloughed federal employee, I wanted to share some resources that you may find helpful [banking, utilities, credit unions, telecom, unemployment insurance.) ”
Via LLRX – Tax Fraud By The Numbers: The Trump Timeline – Former CPA, writer and teacher Ken Boyd provides readers with an explanation of tax fraud that is clearly presented, instructive and relevant to the ongoing Mueller investigation. Boyd uses the extensive New York Times investigative report of November 2018 that documented a history of …
Washington Post: “…The Trump administration last week ordered at least 30,000 IRS workers back to their offices, where they have been working to process refunds without pay. It was one of the biggest steps the government has taken to mitigate the shutdown’s impact on Americans’ lives. But IRS employees across the country — some in …
