Category «Financial System»

CFPB – Making regulations easier to use

“We write rules to protect consumers, but what actually protects consumers is people: advocates knowing what rights people have, government agencies’ supervision and enforcement staff having a clear view of what potential violations to look out for; and responsible industry employees following the rules…we’re releasing a new open source tool we built, eRegulations, to help …

Subjects: E-Government, E-Records, Financial System, Government Documents, Internet, Legal Research

Women, Men and Working Conditions in Europe

Women, Men and Working Conditions in Europe – A report based on the fifth European Working Conditions Survey – October 24, 2013. Smith, Mark; Piasna, Agnieszka; Burchell, Brendan; Rubery, Jill; Rafferty, Anthony; Rose, Janna; Carter, Laura “Despite much legislative progress in gender equality over the past 40 years, there are still gender gaps across many aspects of …

Subjects: Economy, Financial System, Government Documents

CBO – Snapshot of Corporate Income Tax Receipts

“Since 2008, receipts from corporate income taxes have been smaller, relative to the size of the economy, than their historical average of 1.9 percent of gross domestic product (GDP)—largely because the recent recession substantially reduced taxable corporate profits. Temporary provisions in tax laws also played a role, particularly provisions that let firms accelerate deductions for …

Subjects: Congress, Economy, Financial System, Government Documents

CBO – Raising the Age of Eligibility for Medicare to 67

Raising the Age of Eligibility for Medicare to 67: An Updated Estimate of the Budgetary Effects – October 24, 2013 “Medicare, one of the federal government’s largest programs, provides health care benefits primarily to elderly people. The usual age of eligibility for those benefits is 65, although certain people qualify for the program earlier. (Medicare …

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

New Report Recommends Alternative Plan for Implementing the Volcker Rule

A Better Path Forward on the Volcker Rule and the Lincoln Amendment by James D. Cox, Jonathan R. Macey and Annette L. Nazareth “Two late additions to Congress’s response to the financial crisis have proved to be among the most complex and challenging for U.S. financial regulators to put into place. The degree of difficulty …

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

Debt Savers in Defined Contribution Plans

Debt Savers in Defined Contribution Plans, Size, Causes, and Solutions, Matt Fellowes, Founder & CEO of HelloWallet; Jake Spiegel, Research Associate at HelloWallet “The average 401(k) and other defined contribution (DC) plan participant now defers over 8 percent of their annual income toward retirement savings through their plan and social security taxes, making it one of the largest expenses for …

Subjects: Economy, Financial System

Unemployment Insurance: Programs and Benefits

CRS – Unemployment Insurance: Programs and Benefits, Julie M. Whittaker, Specialist in Income Security; Katelin P. Isaacs, Analyst in Income Security. September 17, 2013 “Various benefits may be available to unemployed workers to provide income support. When eligible workers lose their jobs, the Unemployment Compensation (UC) program may provide up to 26 weeks of income …

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

TRAC: Rise in Social Security lawsuits

“Over the past five years, the number of Social Security civil lawsuits filed in federal courts has risen over 60 percent, according to the latest available case-by-case federal court data analyzed by the Transactional Records Access Clearinghouse (TRAC). During September 2013 the government reported 1,757 new filings of this sort, up 14 percent from a …

Subjects: E-Government, E-Records, Economy, Financial System, Government Documents, Legal Research

TIME – America’s Mood Map: An Interactive Guide to the United States of Attitude

“For a country that features the word United so prominently in its name, the U.S. is a pretty fractious place. We splinter along fault lines of income, education, religion, race, hyphenated origin, age and politics. Then too there’s temperament. We’re coarse or courtly, traditionalist or rebel, amped up or laid-back. And it’s no secret that a lot of …

Subjects: Economy, Education, Financial System, Government Documents

Commentary – New York has more homeless than it has in decades

Ian Frazer: “…during the twelve years of the Bloomberg administration, the number of homeless people has gone through the roof they do not have. There are now two hundred and thirty-six homeless shelters in the city. Imagine Yankee Stadium almost four-fifths full of homeless families; about eighteen thousand adults in families in New York City …

Subjects: Education, Financial System, Government Documents

Census – Income and Earnings Estimates for 2011

“This table package presents annual and monthly income and earnings estimates at the individual, family and household level for 2011 from the Survey of Income and Program Participation. Annual and monthly estimates by selected demographic characteristics, such as gender, race and ethnicity, age, marital status and highest level of educational attainment, are reported. This survey …

Subjects: Economy, Financial System, Government Documents

Calculating Restitution for Mortgage Fraud

The Arithmetic of Justice: Calculating Restitution for Mortgage Fraud, T. Dietrich Hill, Columbia University – Law School – October 21, 2013. Columbia Law Review, Forthcoming “The Mandatory Victims Restitution Act requires restitution for federal crimes involving property. In particular, the defendant is required to return any property taken, or, if return is impossible, to pay …

Subjects: Economy, Financial System, Legal Research