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Daily Archives: October 19, 2008

Pew Report: The internet and cell phones have become central components of modern family life

News release: “Traditional nuclear families use the internet and cell phones to create a “new connectedness” that revolves around remote interactions and shared online experiences…Among all household types, the traditional nuclear family has the highest rate of technology usage and ownership. A national survey of 2,252 adults by the Pew Internet & American Life Project has found that households with a married couple and minor children are more likely than other household types — such as single adults, homes with unrelated adults, or couples without children – to have cell phones and use the internet.”

White House: Helping Responsible Homeowners Avoid Foreclosure

Fact Sheet: Helping Responsible Homeowners Avoid Foreclosure – “The Federal Government is collaborating with State and local partners to use the best tools available to keep homeowners in their homes. Americans need to know that help is available. The actions of the Federal Government are helping to address a key problem in the housing market:… Continue Reading

White House: Plan To Stabilize Financial System Is Limited In Size, Scope, And Duration

Fact Sheet: Plan To Stabilize Financial System Is Limited In Size, Scope, And Duration, October 17, 2008: The President explained that the government took swift action to protect the financial security of the American people. One important element, the equity purchase program, is designed with strong protections to ensure the government’s involvement is limited in… Continue Reading

OPEC Monthly Oil Market Report, October 2008

The Organization of the Petroleum Exporting Countries (OPEC) Monthly Oil Market Report, October 2008: “The Monthly Oil Market Report contains a wealth of information, including developments in the world economy, data on oil prices, supply and demand, crude and product stocks and much more.” Feature Article – Financial turmoil impacting market fundamentals:” Crude oil prices… Continue Reading

2008 Actuarial Report on Financial Outlook of Medicaid: Medicaid Spending Projected To Rise Much Faster Than Economy

News release: “Under current law, spending on Medicaid is expected to substantially outpace the rate of growth in the U.S. economy over the next decade, according to a new annual report released today by the Centers for Medicare & Medicaid Services (CMS). The report projects that Medicaid benefits spending will increase 7.3 percent from 2007… Continue Reading

Chairman Waxman Requests Details of AIG Event Spending and Bonuses

“In response to reports that AIG [American International Group] spent hundreds of thousands of dollars on extravagant employee events after receiving an $85 billion rescue package, House Oversight and Government Reform Chairman Waxman requested a detailed listing of all conferences, events, or retreats paid for by AIG this year as well as bonuses paid to… Continue Reading

Recent CRS Reports: Assessing Proposed Treasury Purchases of MortgageBacked Securities, Potential Offset Supply in a Cap-and-Trade Program, Cost-of-Living Adjustments for Federal Civil Service Annuities

October 16, 2008 – Cost-of-Living Adjustments for Federal Civil Service Annuities October 14, 2008 – Potential Offset Supply in a Cap-and-Trade Program October 14, 2008 – Federal Personnel: Conversion of Employees from Appointed (Noncareer) Positions to Career Positions in the Executive Branch October 14, 2008 – Auction Basics: Background for Assessing Proposed Treasury Purchases of… Continue Reading

Advance Summary U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves 2007 Annual Report

Advance Summary U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves 2007 Annual Report (10/16/2008): “This is an advance summary of EIA’s report on domestic proved reserves of crude oil, natural gas, and natural gas liquids. It presents key data tables (sorted by fuel and by geographic location) and some highlights of petroleum industry… Continue Reading