News release: “Today, the U.S. Congress Joint Economic Committee (JEC), chaired by Representative Carolyn B. Maloney (D-NY), released the 2010 Joint Economic Report, which provides an overview of the state of the U.S. economy at the halfway point in 2010. The annual report, mandated by the requirements from the 1946 Employment Act, details the lasting… Continue Reading
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Monthly Archives: July 2010
A Data Book: Healthcare Spending and the Medicare Program (June 2010)
Medicare Payment Authority Commission – A Data Book: Healthcare Spending and the Medicare Program (June 2010) “MedPACs Data Book is the result of discussions with congressional staff members regarding ways that MedPAC can better support them. It contains the type of information that MedPAC provides in publications like the March or June reports; it also… Continue Reading
Joint Economic Committee Report: Does Unemployment Insurance Inhibit Job Search?
Does Unemployment Insurance Inhibit Job Search? July 2010 Report by the U.S. Congress Joint Economic Committee, Representative Carolyn Maloney, Chair “The principal purpose of the unemployment insurance (UI) program is to provide workers with a safety net in the event that they lose their job. However, some worry that unemployment insurance benefits may inhibit unemployed… Continue Reading
National Compensation Survey: Health and Retirement Plan Provisions in Private Industry in the United States, 2009
Bureau of Labor Statistics: “The National Compensation Survey (NCS) 2009 provides comprehensive measures of occupational earnings, compensation cost trends, the incidence of benefits, and detailed benefit provisions. This bulletin presents estimates of the detailed provisions of employer-provided health and retirement plans in private industry in 2009. Under the NCS program, information on the incidence and… Continue Reading
BLS: Real Earnings, June 2010
Real Earnings, June 2010 – All employees: “Real average hourly earnings for all employees rose 0.1 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase stems from a 0.1 percent decrease in average hourly earnings combined with a 0.1 percent decrease in the Consumer Price Index for… Continue Reading
House Judiciary Committee Releases Interview of Torture Memo Author Bybee and Sends to Justice Department
News release: “House Judiciary Committee Chairman John Conyers, Jr. D-Mich.) today released the transcript of the Committees interview of Judge Jay Bybee, former assistant attorney general for the Justice Departments Office of Legal Counsel during the administration of President George W. Bush and author of two of the Bush administrations most infamous “torture memos.” “This… Continue Reading
CBO's Economic Forecasting Record: 2010 Update
CBOs Economic Forecasting Record: 2010 Update, July 2010 “Since publishing its first macroeconomic forecast in 1976, the Congressional Budget Office (CBO) has compiled a forecasting track record that is comparable in quality with that of the Administration and that of the Blue Chip consensus. In particular, the accuracy of CBOs two-year forecasts between 1982 and… Continue Reading
New GAO Reports: Afghanistan Development, Aviation Research, Export-Import Bank
Afghanistan Development: USAID Continues to Face Challenges in Managing and Overseeing U.S. Development Assistance Programs, GAO-10-932T, July 15, 2010 Aviation Research: Airport Cooperative Research Program Addresses Many Needs but Could Enhance Transparency and Clarify Scope of Research Role, GAO-10-729, July 15, 2010 Medicare Recovery Audit Contracting: Lessons Learned to Address Improper Payments and Improve Contractor… Continue Reading
BLS – U.S. Import and Export Price Indexes – June 2010
U.S. Import and Export Price Indexes – June 2010: “U.S. import prices declined for the second consecutive month in June, the U.S. Bureau of Labor Statistics reported today, decreasing 1.3 percent. The drop was driven by declining fuel prices, although a downturn in nonfuel prices also contributed to the overall decrease. Export prices also fell… Continue Reading
House Passes Telework Improvements Act of 2010
News release: “Today, in a bipartisan vote, (290 -131) the House of Representatives approved Congressman John Sarbanes Telework Improvements Act of 2010. This bill will expand telework opportunities for all federal workers, allowing employees to perform their duties and responsibilities from home or another work site removed from their regular place of employment. I believe… Continue Reading
EPA Launches National Water Conservation Campaign
News release: “The U.S. Environmental Protection Agencys (EPAs) WaterSense program today is kicking off its national Were for Water campaign to encourage Americans to make simple choices that save water. The program, in collaboration with its partner, American Water, will spread the word about saving water by traveling cross-country, stopping at national landmarks and educating… Continue Reading
Congressional Oversight Panel Evaluates Small Banks in the Capital Purchase Program
“The Congressional Oversight Panel’s July oversight report, Small Banks in the Capital Purchase Program, found that the result of the Capital Purchase Program’s (CPP) “one-size-fits-all” repayment terms has been that large banks have been much better served by the program than smaller institutions. Small banks may find it difficult or impossible to exit the program,… Continue Reading
