“The fiscal cliff agreement has created headwinds early in 2013, resulting in an economy that will grow slowly in the first half of the year before improving to a moderate pace in the second half, according to the Economic Advisory Committee of the American Bankers Association. The committee warns that the tax hikes, a protracted fight over the debt ceiling and the possibility of severe spending cuts in 2013 have the potential to stop our economy in its tracks.”
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Daily Archives: January 17, 2013
CBO's Economic Forecasting Record: 2013 Update
CBOs Economic Forecasting Record: 2013 Update “For more than three decades, CBO has prepared economic forecasts that underlie the agencys projections for the federal budget and cost estimates for proposed federal legislation. In particular, forecasts of output, income, inflation, and interest rates play a significant role in the agencys budgetary analysis; for example, projections of… Continue Reading
CRS – Bee Health: The Role of Pesticides
Bee Health: The Role of Pesticides, December 11, 2012 “Bees, both commercially managed honey bees and wild bees, play an important role in global food production. In the United States, the value of honey bees only as commercial pollinators in U.S. food production is estimated at about $15 billion to $20 billion annually. The estimated… Continue Reading
CRS – Foreign Holdings of Federal Debt
Foreign Holdings of Federal Debt, Justin Murray, Information Research Specialist; Marc Labonte, Specialist in Macroeconomic Policy July 3, 2012 “This report presents current data on estimated ownership of U.S. Treasury securities and major holders of federal debt by country. Federal debt represents the accumulated balance of borrowing by the federal government. To finance federal borrowing,… Continue Reading
How Data and Social Pressure Can Reduce Home Energy Use
Yale environment360 – dave levitan: “Visit the website of Opower and your eye will be drawn to a counter in the corner, its digits ticking ever higher. The counter represents energy that the company says its customers have saved after it provided them data on electricity usage and employed behavioral science to change their consumption… Continue Reading
Towards a New Bretton Woods? The Financial Crisis, the Doha Round and the Future of the WTO
Towards a New Bretton Woods? The Financial Crisis, the Doha Round and the Future of the WTO, Roberto Soprano, Università degli Studi di Salerno, 2013. Cambridge Scholars Publishing (Forthcoming) “The economic crisis has challenged the role of international organizations and in particular the Bretton Woods institutions which have often been criticized for not having provided… Continue Reading
CBO: Private-Sector Mandates in Federal Legislation
Private-Sector Mandates in Federal Legislation, January 15, 2013 “Federal laws and regulations sometimes require nonfederal entities to expend their resources to carry out Private-Sector Mandates in Federal Legislation national policies. The Unfunded Mandates Reform Act of 1995 (UMRA), enacted as Public Law 104-4, defines many of those requirements as federal mandates. The law aims to… Continue Reading
