“The federal government’s budget deficit amounted to $528 billion for the first 11 months of fiscal year 2015, CBO estimates. That deficit was $61 billion smaller than the one recorded during the same period last year. Revenues and outlays were both higher than last year’s amounts, by 8 percent and 5 percent, respectively. Adjusted for… Continue Reading
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Monthly Archives: September 2015
CBO’s Economic Projections
Presentation by Wendy Edelberg, CBO’s Assistant Director for Macroeconomic Analysis, at the Economic Outlook Forum hosted by the NYU Stern Center for Global Economy and Business. September 8, 2015. Continue Reading
What Does the Latest Court Ruling on NSA Telephone Metadata Program Mean?
CRS Legal Sidebar – Legal Sidebar What Does the Latest Court Ruling on NSA Telephone Metadata Program Mean? 09/03/2015 “On August 28, the U.S. Court of Appeals for the District of Columbia Circuit, in Obama v. Klayman, ruled for the government in the ongoing litigation over the National Security Agency’s (NSA’s) telephone metadata program. The… Continue Reading
Mergers and Acquisitions Involving UK Companies, Quarter 2 Apr to June 2015
UK Office for National Statistics – Statistical Bulletin: Mergers and Acquisitions Involving UK Companies, Quarter 2 Apr to June 2015 – “Main points: •In quarter 2 (Apr to Jun) 2015 the total number of mergers and acquisitions (M&A) involving UK companies continued to record historically low levels of activity. •There were 93 successful domestic and… Continue Reading
Financial Fragmentation and Economic Growth in Europe
Schnabel, Isabel and Seckinger, Christian, Financial Fragmentation and Economic Growth in Europe (September 2015). CEPR Discussion Paper No. DP10805. Available for download at SSRN: http://ssrn.com/abstract=2657161 “Using industry data from Eurostat and applying the Rajan-Zingales methodology, we investigate the real growth effects of banking sector integration in the European Union. Our sample stretches from 2000 until… Continue Reading
CMS Releases First Ever Plan to Address Health Equity in Medicare
“Today, the Centers for Medicare & Medicaid Services (CMS) Office of Minority Health (CMS OMH), unveiled the first CMS plan to address health equity in Medicare. The CMS Equity Plan for Improving Quality in Medicare (CMS Equity Plan for Medicare) is an action-oriented plan that focuses on six priority areas and aims to reduce health… Continue Reading
The Dynamics of Inequality
The Dynamics of Inequality – Xavier Gabaix, Jean-Michel Lasry, Pierre-Louis Lions, Benjamin Moll. June 25, 2015: “The past forty years have seen a rapid rise in top income inequality in the United States. While there is a large number of existing theories of the Pareto tails of the income and wealth distributions at a given… Continue Reading
ADA Coverage Data Repository: Risks With Systems Development and Deployment
Treasury Inspector General for Tax Administration – Affordable Care Act Coverage Data Repository: Risks With Systems Development and Deployment. June 2, 2015. Reference Number: 2015-23-041 “In March 2010, the Health Care and Education Reconciliation Act of 2010 and the Patient Protection and Affordable Care Act were enacted. These laws are collectively referred to as the… Continue Reading
GAO Reports – Lender-Placed Insurance, Reducing freshwater use in hydraulic fracturing
Lender-Placed Insurance: More Robust Data Could Improve Oversight, GAO-15-631: Published: Sep 8, 2015. Publicly Released: Sep 8, 2015: “Mortgage servicers use LPI to protect the collateral on mortgages when borrower-purchased homeowners or flood insurance coverage lapses. The 2007-2009 financial crisis resulted in an increased prevalence of LPI. Because LPI premiums are generally higher than those… Continue Reading
FSB Peer Review of China
Financial Stability Board, August 13, 2015: “The peer review examines two topics relevant for financial stability and important for China: the macroprudential management framework and non-bank credit intermediation. The review focuses on the steps taken by the Chinese authorities to implement reforms in these two areas, including by following up on relevant recommendations in the… Continue Reading
New G20/OECD Principles of Corporate Governance
News release, September 5, 2015: As part of continuing efforts to promote market confidence and business integrity, G20 Finance Ministers have endorsed a new set of G20/OECD corporate governance principles. The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors and how… Continue Reading
Strategic Five-Year Technology Investment Plan for Aviation Security 2015 Report to Congress
Via FedBizOpps: “The Transportation Security Administration (TSA), Office of Security Capabilities is presenting the Strategic Five-Year Technology Investment Plan. The Plan was prepared pursuant to a requirement in Section 1611 of the Homeland Security Act of 2002 (P.L. 107-296), as amended by Section 3 of the Transportation Security Acquisition Reform Act (P.L. 113-245). It presents… Continue Reading
