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News release: “The Federal Reserve Board on Friday adopted two rules that would expand the coverage of consumer protection regulations to credit transactions and leases of higher dollar amounts. The final rules amend Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) to implement a provision of the Dodd-Frank Wall Street Reform and Consumer …
Federal Reserve Governor Elizabeth A. Duke At the Virginia Association of Economists Sandridge Lecture, Federal Reserve Bank of Richmond, Richmond, Virginia March 24, 2011 – Changed Circumstances: The Impact of the Financial Crisis on the Economic Condition of Workers Near Retirement and of Business Owners “The Survey of Consumer Finances (SCF) is the premier source …
NYT – G.E.s Strategies Let It Avoid Taxes Altogether: “General Electric, the nations largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a …
Employment Characteristics of Families – 2010: “In 2010, 12.4 percent of families included an unemployed person, up from 12.0 percent in 2009, the U.S. Bureau of Labor Statistics reported today. The proportion of families with an unemployed member in 2010 was at its highest level since the data series began in 1994. Of the nation’s …
Full release and tables: “State personal income rose an average 3.0 percent in 2010 after falling 1.7 percent in 2009, according to estimates released today by the U.S. Bureau of Economic Analysis. State personal income growth ranged from 0.3 percent in Nevada to 4.2 percent in New Mexico. Inflation, as measured by the national price …
News release: “State government tax collections decreased $14.3 billion to $704.6 billion in fiscal year 2010, the U.S. Census Bureau reported today. There was a $65.8 billion decrease in 2009. These new data come from the 2010 Annual Survey of State Government Tax Collections, which contains annual statistics on the fiscal year tax collections of …
Alternative Approaches to Funding Highways, March 23, 2011 “About 25 percent of the nation’s highways, which carry about 85 percent of all road traffic, are paid for in part by the federal government. Federal spending on highways comes primarily from taxes on gasoline and diesel fuel, but those and other taxes paid by highway users …
DOD and VA Health Care: Federal Recovery Coordination Program Continues to Expand but Faces Significant Challenges, GAO-11-250, March 23, 2011 End-Stage Renal Disease: CMS Should Assess Adequacy of Payment When Certain Oral Drugs Are Included and Ensure Availability of Quality Monitoring Data, GAO-11-365, March 23, 2011
“The Japanese government said Wednesday that the economic cost of the March 11 earthquake and tsunami could be as much as $308 billion, more than double the cost of the 1995 Kobe earthquake. The government said construction and related costs will total 16 trillion to 25 trillion yen ($198 billion to $308 billion), according to …
News release: “The Federal Reserve System on Tuesday released the 2010 combined annual comparative financial statements for the Federal Reserve Banks, as well as for the 12 individual Federal Reserve Banks, the limited liability companies (LLCs) that were created to respond to strains in financial markets, and the Board of Governors. These financial statements are …
A Report Prepared for the Federal Open Market Committee by the Markets Group of the Federal Reserve Bank of New York, March 2011 “This report reviews the conduct of open market operations and other developments that influenced the balance sheet of the Federal Reserve in 2010. Highlighted are policies and operations associated with outright holdings …
The Federal Government’s Long-Term Fiscal Outlook: January 2011 Update [Reissued on March 22, 2011] GAO-11-451SP, March 18, 2011 Elder Justice: Stronger Federal Leadership Could Enhance National Response to Elder Abuse [Reissued on March 22, 2011] GAO-11-208, March 02, 2011
