Category «Financial System»

An Analysis of the President’s 2017 Budget

“This report by CBO presents an analysis of the President’s budget request for fiscal year 2017. The analysis is based on CBO’s economic projections and estimating models, rather than on the Administration’s, and the estimates of the effects of the President’s tax proposals were prepared by the staff of the Joint Committee on Taxation (JCT). …

Subjects: Congress, Economy, Financial System, Government Documents

GAO Reports – Federal Protective Service, HUBZone Program, 2015 Lobbying Disclosure, Unmanned Carrier-Based Aircraft System, Vehicle Safety

Federal Protective Service: Enhancements to Performance Measures and Data Quality Processes Could Improve Human Capital Planning, GAO-16-384: Published: Mar 24, 2016. Publicly Released: Mar 24, 2016. HUBZone Program: Actions Taken on February 2015 GAO Recommendations, GAO-16-423R: Published: Mar 24, 2015. Publicly Released: Mar 24, 2016. IRS Referral Programs: Opportunities Exist to Strengthen Controls and Increase …

Subjects: Congress, Defense, Economy, Financial System, Government Documents, Transportation

Comparing Credit Profiles of American Renters and Owners

Urban Institute’s Housing Finance Policy Center Research Report – March 2016 – Comparing Credit Profiles of American Renters and Owners: “This research report, the second in a series, reviews 2015 consumer credit data from a major credit bureau and 2015 public property record data, supplemented with 2014 American Community Survey’s (ACS) Public Use Microdata Sample …

Subjects: Economy, Financial System, Government Documents, Housing

Population Aging Slower than Other Countries, Census Bureau Reports

“America’s 65-and-over population is projected to nearly double over the next three decades, ballooning from 48 million to 88 million by 2050. However, the U.S. Census Bureau projects the U.S. population will age at a slower rate compared with other countries.Worldwide, the 65-and-over population will more than double to 1.6 billion by 2050, according to …

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

GAO Reports – Drinking Water, Financial Regulation, IRS Information Security

Drinking Water: EPA Needs to Collect Information and Consistently Conduct Activities to Protect Underground Sources of Drinking Water, GAO-16-281: Published: Feb 26, 2016. Publicly Released: Mar 28, 2016: “The Environmental Protection Agency (EPA) has not collected specific inspection and complete or consistent enforcement information, or consistently conducted oversight activities, to assess whether state and EPA-managed …

Subjects: Congress, Cybercrime, Cybersecurity, Economy, Environmental Law, Financial System, Government Documents, Legislation, Privacy

NYT – Ethereum, a Virtual Currency, Enables Transactions That Rival Bitcoin’s

New York Times: “A new virtual gold rush is underway. Even as Bitcoin, riven by internal divisions, has struggled, a rival virtual currency — known as Ethereum — has soared in value, climbing 1,000 percent over the last three months. Beyond the price spike, Ethereum is also attracting attention from giants in finance and technology, …

Subjects: E-Commerce, Economy, Financial System, Internet

NYC population reaches milestone level of 8.5 miliion

Via Social Explorer: “New York City has officially reached over 8.5 million in population growth–a new milestone–according to newly released Census Bureau estimates, with Queens and the Bronx especially driving the growth. NY1 reporter Michael Scotto reports on changes across the city and interviews Social Explorer’s Andrew Beveridge about the numbers, which also reveal large …

Subjects: Economy, Financial System, Government Documents

Article – Ancient Rome dependent upon maritime insurance to sustain economy

Via Priceonomics: “In Ancient Rome, shipping was a very big deal. Sea voyages were a major economic activity—and a risky one. Ships sank, ran afoul of piracy, suffered delays due to weather, or arrived to find that prices were unexpectedly low. This made insuring and financing voyages the high finance of the time. Before there were …

Subjects: Economy, Financial System, Food and Nutrition

Macroeconomic Dimensions of Public-Private Partnerships

Macroeconomic Dimensions of Public-Private Partnerships, International Monetary Fund Working Paper, March 24, 2016. The voluminous literature comparing public-private partnerships (P3s) and own-investment (OI) by the public sector is dominated by contributions from microeconomic theory. This paper gives macroeconomics a voice in the debate by investigating the repercussions of P3 vs. OI in a dynamic general …

Subjects: Economy, Financial System, Government Documents

Housing, Housing Policy, and Housing Finance: Time for a Re-Assessment

White, Lawrence J., Housing, Housing Policy, and Housing Finance: Time for a Re-Assessment (March 24, 2016). Available for download at SSRN: http://ssrn.com/abstract=2754311 “The shapers of the American mortgage finance system hoped to achieve the security of government ownership, the integrity of local banking and the ingenuity of Wall Street. Instead they got the ingenuity of …

Subjects: Economy, Financial System, Housing

Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2016 to 2026

CBO – “The federal government subsidizes health insurance for most Americans through a variety of federal programs and tax preferences. In 2016, those subsidies for people under age 65 will total more than $600 billion, CBO and the staff of the Joint Committee on Taxation (JCT) estimate. (The government also bears significant costs for health …

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