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News release [includes data charts]: Unemployment rates were higher in December than a year earlier in 363 of the 369 metropolitan areas, lower in 5 areas, and unchanged in 1 area, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Forty areas recorded jobless rates of at least 10.0 percent, while …
“Pursuant to the Emergency Economic Stabilization Act of 2008, the Office of the Special Inspector General for the Troubled Asset Relief Program [SIGTARP] must report to Congress on its oversight activities and compile certain specified data and information about the operation of TARP. SIGTARPs reports to Congress are due 60 days after confirmation of the …
Monthly Budget Review, February 2009. Based on the Monthly Treasury Statement for December and the Daily Treasury Statements for January “CBO estimates that the Treasury Department will report a deficit of $563 billion for the first four months of fiscal year 2009, $474 billion higher than the deficit incurred through January 2008. This years deficit …
Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System, GAO-09-349T, February 04, 2009 Broadcasting to Cuba: Actions Are Needed to Improve Strategy and Operations, GAO-09-127, January 22, 2009 Estimated Adjusted Medicaid Funding Allocations Related to the Proposed American Recovery and Reinvestment Act, GAO-09-371R, February 05, 2009 Issues …
News release: “In the first national survey of banks’ efforts to serve unbanked and underbanked individuals and families in their market areas, released today, the FDIC found that improvement may be possible in the areas of focus, outreach and commitment. The majority of banks 63 percent – offer basic financial education materials, but fewer …
Senate Banking Committee hearing, Pulling Back the TARP: Oversight of the Financial Rescue Program, February 5, 2009. Witness Testimony: Gene L. Dodaro, Acting Comptroller General, United States Government Accountability Office Neil M. Barofsky, Special Inspector General, Troubled Asset Relief Program Professor Elizabeth Warren, Chair, Congressional Oversight Panel for the Troubled Asset Relief Program: “As part …
February 02, 2009 – Medicaid: The Federal Medical Assistance Percentage February 02, 2009 – Proposed Funding for Workforce Development in the American Recovery and Reinvestment Act (ARRA) of 2009 January 29, 2009 – Causes of the Financial Crisis January 29, 2009 – The Worker, Retiree, and Employer Recovery Act of 2008: An Overview January 27, …
Follow up to previous postings on digital television transition, “by a vote of 264 to 158, the House of Representatives approved S. 352, the DTV Delay Act, which will postpone the transition to digital television until June 12, 2009. This delay will grant millions of households the chance to be prepared for the transition and …
“The struggling companies whose freewheeling business practices have contributed to the country’s economic woes are getting a lucrative return on at least one of their investments. Beneficiaries of the $700 billion bailout package in the finance and automotive industries have spent a total of $114.2 million on lobbying in the past year and contributions toward …
News release: “Today, the Treasury Department is issuing a new set of guidelines on executive pay for financial institutions that are receiving government assistance to address our current financial crisis…The measures announced today are designed to ensure that the compensation of top executives in the financial community is closely aligned not only with the interests …
“The White House today released additional state-specific details on the American Recovery and Reinvestment Plan. The recovery plan will create and save jobs in the near future while addressing long-neglected needs that are critical to laying the foundation for a strong economic future. Nationwide, Obamas plan will create or save 3-4 million jobs over the …
The 2009 Future Years Defense Program: Implications and Alternatives, February 4, 2009, Testimony before the Committee on the Budget, U.S. House of Representatives “In CBOs projection, defense resources average about $549 billion annually (in constant 2009 dollars) from 2014 to 2026, or about 6 percent more than the $517 billion in total obligational authority (TOA) …
