“I am writing to inform you that the statutory debt limit will be reached on December 31, 2012, and to notify you that the Treasury Department will shortly begin taking certain extraordinary measures authorized by law to temporarily postpone the date that the United States would otherwise default on its legal obligations. These extraordinary measures, which are explained in detail in an appendix to this letter, can create approximately $200 billion in headroom under the debt limit. Under normal circumstances, that amount of headroom would last approximately two months. However, given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it is not possible to predict the effective duration of these measures. At this time, the extent to which the upcoming tax filing season will be delayed as a result of these unresolved policy questions is also uncertain. If left unresolved, the expiring tax provisions and automatic spending cuts, as well as the attendant delays in filing of tax returns, would have the effect of adding some additional time to the duration of the extraordinary measures. Treasury will provide more guidance regarding the expected duration of these measures when the policy outlook becomes clearer.”
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Daily Archives: December 28, 2012
White House: Nearly 2.9 Million Records Released
Matt Compton: “In September 2009, the President announced thatfor the first time in historyWhite House visitor records would be made available to the public on an ongoing basis. Todays release also includes visitor records generated prior to September 16, 2009 that were requested by members of the public in November 2012 pursuant to the White… Continue Reading
CFPB Report to Congress – Growing our Human Capital
Consumer Finance Protection Bureau: “With this document, we submit our second annual report as required by Section 1067 of the Dodd-Frank Act. In it we describe progress since July 21, 2011 and note the Bureaus strategies and planned activities within each of the following: Recruitment and Retention Plan, Training and Workforce Development Plan, and Workforce… Continue Reading
NYT: Libraries See Opening as Bookstores Close
Karen Ann Cullotta, New York Times: “As librarians across the nation struggle with the task of redefining their roles and responsibilities in a digital age, many public libraries are seeing an opportunity to fill the void created by the loss of traditional bookstores. They are increasingly adapting their collections and services based on the demands… Continue Reading
Electronics TakeBack Coalition: Extended Producer Responsibility
“Extended Producer Responsibility (EPR) (also called Producer Takeback) is a product and waste management system in which manufacturers not the consumer or government take responsibility for the environmentally safe management of their product when it is no longer useful or discarded. When manufacturers take responsibility for the recycling of their own products they:… Continue Reading
TrendMicro – The Trends in Targeted Attacks of 2012
Nart Villeneuve (Senior Threat Researcher): “Throughout 2012, we investigated a variety of targeted attacks including several APT campaigns such as LuckyCat and Ixeshe, as well as updates on some long running campaigns such as Lurid/Enfal and Taidoor. There was a lot of great research within the community related to targeted attacks published this year, and… Continue Reading
