Obama Aims For $1.5 Trillion In New Tax Revenue To Reduce Deficit, September 21, 2011 “President Obama unveiled a $3 trillion federal budget Deficit Reduction Plan on September 19, 2011 including $1.5 trillion in tax increases. Th e Presidents Deficit Reduction Plan (Living Within Our Means and Investing in the Future: The Presidents Plan For… Continue Reading
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Category Archives: Legislation
BEA State Personal Income: Second Quarter 2011
News release: “State personal income growth slowed to 1.1 percent, on average, in the second quarter of 2011, down from 2.1 percent in the first quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth rates ranged from 2.2 percent in Nebraska and South Dakota to 0.7 percent in the states… Continue Reading
Patent Reform Unleashing Innovation, Promoting Economic Growth & Producing High-Paying Jobs
House Committee on the Judiciary: Background on H.R. 1249, the America Invents Act: “On June 23 the House overwhelmingly approved HR 1249, the America Invents Act, by a vote of 304-117. H.R. 1249 updates our patent system to encourage innovation, job creation, and economic growth. The last major patent reform was nearly 60 years ago.… Continue Reading
The Presidents Plan for Economic Growth and Deficit Reduction
Living Within Our Means and Investing in the Future – The Presidents Plan for Economic Growth and Deficit Reduction, September 19, 2011 “…The plan [The American Jobs Act – text included in this report] also realizes more than $1 trillion in savings over the next 10 years from our draw downs in Afghanistan and Iraq.… Continue Reading
FTC Seeks Comment on Proposed Revisions to Children's Online Privacy Protection Rule
News release: “The Federal Trade Commission is seeking public comment on proposed amendments to the Childrens Online Privacy Protection Rule, which gives parents control over what personal information websites may collect from children under 13. The FTC proposes these amendments to ensure that the Rule continues to protect childrens privacy, as mandated by Congress, as… Continue Reading
Industrial Organization and Systemic Risk: An Agenda for Further Research
Industrial Organization and Systemic Risk: An Agenda for Further Research, Federal Reserve Governor Daniel K. Tarullo At the Conference on the Regulation of Systemic Risk, Federal Reserve Board, Washington, D.C., September 15, 2011 “Regulators must consider how new resolution frameworks such as that created by Dodd-Frank will affect market participants’ beliefs about what will happen… Continue Reading
CCH Tax Briefing: President Proposes $447 Billion Jobs Package
President Proposes $447 Billion Jobs Package, Updated: September 15, 2011: “President Obama has challenged Congress to immediately pass the American Jobs Act of 2011 a $447 billion jobs package, including payroll tax cuts and tax credits to encourage hiring, along with extended 100 percent bonus depreciation, which would be paid for by limiting deductions… Continue Reading
Kaiser Survey – More than half of uninsured unaware of health reform benefits
Kaiser Health Tracking Poll – “The August 2011 tracking poll examines the views of Americans without health insurance, with a particular focus on how they think the health reform law will affect them. Findings from the poll include: Although estimates are that 32 million uninsured Americans will gain coverage under the ACA, only about half… Continue Reading
Estimated Impact of Automatic Budget Enforcement Procedures Specified in the Budget Control Act September 12, 2011
Estimated Impact of Automatic Budget Enforcement Procedures Specified in the Budget Control Act, September 12, 2011 “The Budget Control Act of 2011 (enacted on August 2 as Public Law 112-25) made several changes to federal programs and established budget enforcement mechanismsincluding caps on future discretionary appropriationsthat were estimated to reduce federal budget deficits by a… Continue Reading
American Jobs Act of 2011
President Obama’s message to Congress, and the text of American Jobs Act of 2011 The American people understand that the economic crisis and the deep recession were not created overnight and will not be solved overnight. The economic security of the middle class has been under attack for decades. That is why I believe we… Continue Reading
Legislation Related to the Attack of September 11, 2001
The Library of Congress – THOMAS: “This site was begun in September 2001 as a way of keeping the public readily apprised of legislation related to the terrorist attack on the United States that month. The selection, made by hand, is necessarily subjective, as the September 11th attack had a ripple effect on legislation in… Continue Reading
Tracking Dodd-Frank Wall Street Reform and Consumer Protection Act
worldAtWork: Tracking Dodd-Frank Wall Street Reform and Consumer Protection Act (Updated September 8, 2011: “On Wednesday, July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act calls for sweeping reforms, not just for the financial services industry, but for all publicly-traded companies. With many of the… Continue Reading
