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Category Archives: Legislation

Saving Oil and Reducing Greenhouse Gas Emissions through U.S. Federal Transportation Policy

Saving Oil and Reducing Greenhouse Gas Emissions through U.S. Federal Transportation Policy, by Cynthia J. Burbank, Parsons Brinckerhoff, Nick Nigro, Pew Center on Global Climate Change, February 2011 “The United States consumes over 10 million barrels of oil per day moving people and goods on roads and rail throughout the country. Surface transportation generates over… Continue Reading

Subprime Foreclosures and the 2005 Bankruptcy Reform

Subprime Foreclosures and the 2005 Bankruptcy Reform, Donald P. Morgan, Benjamin Iverson, and Matthew Botsch “Is it just coincidence that subprime foreclosures surged right after the bankruptcy abuse reform (BAR) took effect in October 2005. This article presents arguments and evidence suggesting that it is not. Before BAR, any household could file Chapter 7 bankruptcy… Continue Reading

Testimony by Fed Gov.on assessing regulatory, economic, and market implications of Dodd-Frank derviatives title

Governor Daniel K. Tarullo, Assessing the regulatory, economic, and market implications of the Dodd-Frank derivatives title, Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C., February 15, 2011 “The Dodd-Frank Act requires that the Commodity Futures Trading Commission and the Securities and Exchange Commission consult with the Board on the rules they… Continue Reading

Federal Reserve issues final rule to implement Volcker Rule conformance period

“The Federal Reserve Board on Wednesday announced its approval of a final rule to implement the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that give banking firms a period of time to conform their activities and investments to the prohibitions and restrictions of the so-called Volcker Rule. The Volcker Rule generally… Continue Reading

FTC Issues Annual Financial Acts Enforcement Report to Federal Reserve

“The Federal Trade Commission issued its annual report to the Federal Reserve Board on FTC enforcement activities regarding the Equal Credit Opportunity Act, Electronic Fund Transfer Act (EFTA), Consumer Leasing Act, and Truth in Lending Act. This year’s report also discusses FTC activities under the Dodd-Frank Wall Street Reform and Consumer Protection Act, such as… Continue Reading

Florida District Judge Rules Health-Care Reform Act Ruled Unconstitutional

State of Florida v. U.S. Department of Health and Human Services, 10-cv-00091, U.S. District Court, Northern District of Florida (Pensacola) Roger Vinson – Senior United States District Judge, Case No.: “This case, challenging the Constitutionality of the Act, was filed minutes after the President signed. It has been brought by the Attorneys General and/or Governors… Continue Reading

CBO: Spending and Funding for Highways

Spending and Funding for Highways, Economic and Budget Issue Brief, January 20, 2011 “The nation’s network of highways plays a vital role in the U.S. economy; private commercial activity and people’s daily lives depend on that transportation infrastructure. In 2007, the public sector spent $146 billion to build, operate, and maintain highways in the United… Continue Reading

Report: 129 million Americans with pre-existing condition could be denied coverage without new health reform law

News release: “Health and Human Services Secretary Kathleen Sebelius released a new analysis showing that, without the Affordable Care Act, up to 129 million non-elderly Americans who have some type of pre-existing health condition, like heart disease, high blood pressure, arthritis or cancer, would be at risk of losing health insurance when they need it… Continue Reading

Library of Congress taps LII for Expertise in Legislative Information

News release: “The US Library of Congress chose the Legal Information Institute at Cornell University (LII) to help develop new methods to preserve, analyze, organize, and present Congressional legislative information and materials digitally. The project is headed by LII Director Thomas R. Bruce. Dave Shetland, Sara Frug, and Wayne Weibel will make up the rest… Continue Reading

CBO – Preliminary Analysis of H.R. 2, the Repealing the Job-Killing Health Care Law Act

Preliminary Analysis of H.R. 2, the Repealing the Job-Killing Health Care Law Act, January 6, 2011 Letter to the Honorable John Boehner “..this letter describes—in broad terms and on a preliminary basis—CBO’s assessment of the effects that repealing PPACA and the relevant provisions of the Reconciliation Act would have on federal budget deficits, the federal… Continue Reading