Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Daily Archives: November 29, 2012

CRS – Financing the U.S. Trade Deficit

Financing the U.S. Trade Deficit, James K. Jackson. Specialist in International Trade and Finance, November 16, 2012

  • “The U.S. merchandise trade deficit is a part of the overall U.S. balance of payments, a summary statement of all economic transactions between the residents of the United States and the rest of the world, during a given period of time. Some Members of Congress and other observers have grown concerned over the magnitude of the U.S. merchandise trade deficit and the associated increase in U.S. dollar-denominated assets owned by foreigners. International trade recovered from the global financial crisis of 2008-2009 and the subsequent slowdown in global economic activity that reduced global trade flows and, consequently, reduced the size of the U.S. trade deficit. Now, however, U.S. exporters face new challenges with economies in Europe and Asia confronting increased risks of a second phase of slow growth. This report provides an overview of the U.S. balance of payments, an explanation of the broader role of capital flows in the U.S. economy, an explanation of how the country finances its trade deficit or a trade surplus, and the implications for Congress and the country of the large inflows of capital from abroad.”
  • Secrecy News Posts New CRS Reports on the Budget Process

    Basic Federal Budgeting Terminology, November 26, 2012 Overview of the Authorization-Appropriations Process, November 26, 2012 Baselines and Scorekeeping in the Federal Budget Process, November 26, 2012 Budget Reconciliation Legislation: Development and Consideration, November 26, 2012 Entitlements and Appropriated Entitlements in the Federal Budget Process, November 26, 2012 Legislative Procedures for Adjusting the Public Debt Limit:… Continue Reading

    Offsetting Effects of Prescription Drug Use on Medicare’s Spending for Medical Services

    Offsetting Effects of Prescription Drug Use on Medicare’s Spending for Medical Services, November 29, 2012: “Previously, when estimating the budgetary effects of legislation regarding prescription drugs, CBO found insufficient evidence of an “offsetting” effect of prescription drug use on spending for medical services. Recently, CBO reviewed dozens of newer studies and determined a body of… Continue Reading

    New GAO Reports – Guantanamo Bay Detainees, Air Passenger Screening, Medicaid, U.S. Coins, Identity Theft

    Guantanamo Bay Detainees – Facilities and Factors for Consideration If Detainees Were Brought to the United States, GAO-13-31, Nov 14, 2012 Air Passenger Screening – Transportation Security, Administration Needs to Improve Complaint Processes, GAO-13-186T, Nov 29, 2012 Medicaid – Data Sets Provide Inconsistent Picture of Expenditures, GAO-13-47, Oct 29, 2012 U.S. Coins – Benefits and… Continue Reading

    HHS Guidance Regarding Methods for De-identification of Protected Health Information

    Guidance Regarding Methods for De-identification of Protected Health Information in Accordance with the Health Insurance Portability and Accountability Act(HIPAA) Privacy Rule “This page provides guidance about methods and approaches to achieve de-identification in accordance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy Rule. The guidance explains and answers questions regarding the… Continue Reading

    Third European Quality of Life Survey – Quality of life in Europe: Impacts of the crisis

    “What determines life satisfaction and happiness? How do we value our social situation and immediate surroundings? How has this changed with the economic crisis? For the third wave of the European Quality of Life survey, 35,500 Europeans in all EU Member States were interviewed, in an effort to gain insights to these questions. This overview… Continue Reading