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“The newly released data from the 2011-15 American Community Survey are now available on Social Explorer. Subscribers can access the new data through our reports. The companion interactive maps will be our site in the next few days. Stay tuned for updates. The American Community Survey (ACS) is an extensive annual survey administered by the Census Bureau …
“Pension systems are changing in response to the challenges they face. Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. However, their design needs to be improved, according to a new OECD report. The 2016 OECD Pensions Outlook analyses …
Improper Payments Legislation: Key Provisions, Implementation, and Selected Proposals in the 114th Congress, Garrett Hatch, Specialist in American National Government, December 7, 2016. “As Congress searches for ways to generate savings, reduce the deficit, and fund federal programs, it has held hearings and passed legislation to prevent and recover improper payments. Improper payments—which exceeded $137 …
Air Traffic Control: Experts’ and Stakeholders’ Views on Key Issues to Consider in a Potential Restructuring [Reissued on December 9, 2016], GAO-17-131: Published: Oct 13, 2016. Publicly Released: Nov 15, 2016. “Experts, aviation stakeholders, and Federal Aviation Administration (FAA) officials GAO spoke to said that if Congress decides to remove air traffic control (ATC) from …
“Valued at nearly $20 trillion, the U.S. economy is the largest in the world. Maintaining a competitive edge necessitates remaining diversified and dynamic. While this means that some U.S. industries thrive, others inevitably decline or are rendered obsolete. As certain industries fade, so do hundreds of thousands of American jobs. 24/7 Wall St. analyzed employment …
Jesse Singal, Science of Us, December 9, 2016: – “About a year ago, the husband-and-wife team of Anne Case and Angus Deaton published some alarming numbers: Unlike citizens of just about every other wealthy, advanced country, and most other American subgroups, middle-aged white Americans have not seen reductions in their mortality between 1999 and 2013, …
“In “The Wealthy-Hand-to-Mouth,” authors Greg Kaplan of Princeton University, Giovanni Violante of New York University and Justin Weidner of Princeton University find that both the wealthy hand-to-mouth (those with little or no liquid wealth but substantial holdings of illiquid assets – those that carry a transaction cost to access, such as housing, large durables, or …
Washington Post – Secret CIA assessment says Russia was trying to help Trump win White House “The CIA has concluded in a secret assessment that Russia intervened in the 2016 election to help Donald Trump win the presidency, rather than just to undermine confidence in the U.S. electoral system, according to officials briefed on the …
WSJ – December 8, 2016: “Big banks have an unexpected message for President-elect Donald Trump: Don’t trash the Dodd-Frank Act. “We’re not asking for wholesale throwing out Dodd-Frank,” J.P. Morgan Chase & Co. chief James Dimon said at a financial-services conference this week where he and other big-bank executives spoke, often addressing potential regulatory changes …
DATA Act: Implementation Progresses but Challenges Remain, GAO-17-282T: Published: Dec 8, 2016. Publicly Released: Dec 8, 2016: “The DATA Act requires OMB and Treasury to establish government-wide data standards and requires federal agencies to begin reporting financial and payment data in accordance with these standards by May 2017. The act also requires establishment of a …
“The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public—which has more than doubled relative to the size of the economy since 2007—and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits …
Distributional National Accounts: Methods and Estimates for the United States – Thomas Piketty (Paris School of Economics); Emmanuel Saez (UC Berkeley and NBER); Gabriel Zucman (UC Berkeley and NBER). December 2, 2016 Abstract – “This paper combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since …
