Follow up to February 4, 2009 posting, Treasury Announces New Restrictions On Executive Compensation , from ProPublica, Stimulus Bill Limits TARP Exec Pay: “…tucked into the 1,071-page bill [H.R. 1, the American Recovery and Reinvestment Act of 2009] is a twelve-page section that goes much further than any limits imposed by the Bush administration or… Continue Reading
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Category Archives: Legislation
ProPublica – The Stimulus Plan: A Detailed List of Spending
The Stimulus Plan: A Detailed List of Spending by Michael Grabell and Christopher Weaver, ProPublica: “The appropriations section of the bill details spending in excess of $311 billion for programs ranging from Pell grants for college students to clean water in central Utah to nearly $100 billion in new transportation and infrastructure projects. Heres our… Continue Reading
HR1: The American Recovery and Reinvestment Act of 2009 (stimulus bill)
Via THOMAS: HR1: The American Recovery and Reinvestment Act of 2009 (stimulus bill) New York Times – Stimulus Plan Places New Limits on Wall St. Bonuses: “The restriction with the most bite would bar top executives from receiving bonuses exceeding one-third of their annual pay. Any bonus would have to be in the form of… Continue Reading
Passage of the American Recovery and Reinvestment Act
White House: “Today President Obama is celebrating the passage [Senate approved HR 1 by a 60-to-38 vote, House approved the compromise bill by a 246-to 183 vote] of the American Recovery and Reinvestment Act as a “major milestone on our road to recovery,” while still emphasizing that we have many miles yet to go…President Obama… Continue Reading
Complete Conference Report, H. Rep. 111-16, to H.R. 1, the American Recovery and Reinvestment Act of 2009
The Legislative Source Book of the Law Librarians’ Society of Washington, DC (LLSDC) now has a 1.5 MB file, in PDF, of the complete Conference Report, H. Rep. 111-16, to H.R. 1, the American Recovery and Reinvestment Act of 2009, which has been taken and combined from five Congressional Record (50 page) files on GPO… Continue Reading
CBO Cost estimate for the conference agreement for H.R. 1
H.R. 1, American Recovery and Reinvestment Act of 2009, February 13, 2009. Cost estimate for the conference agreement for H.R. 1: “Combining both spending and revenue effects, CBO estimates that enacting the conference agreement for H.R. 1 would increase federal budget deficits by $185 billion over the remaining months of fiscal year 2009, by $399… Continue Reading
Judiciary Cmte. Hearing: The Need for Increased Fraud Enforcement in the Wake of the Economic Downturn
February 11, 2009 – The Need for Increased Fraud Enforcement in the Wake of the Economic Downturn, John S. Pistole, Deputy Director, FBI, Before the Senate Judiciary Committee Hearing “Fraud Trends: The current financial crisis has produced one unexpected consequence: it has exposed prevalent fraud schemes that have been thriving in the global financial system.… Continue Reading
WSJ: Bailout to Expand Fed, FDIC Roles
WSJ: “Treasury Secretary Timothy Geithner’s revamp of the $700 billion financial-sector bailout is likely to rely on a broad range of tools, from injecting additional capital into banks and helping homeowners avoid foreclosure to expanding the roles of the Federal Reserve, Fannie Mae, Freddie Mac and the Federal Deposit Insurance Corp., according to people familiar… Continue Reading
AP: Comparison of economic stimulus plans
AP: “A comparison of the $827 billion economic recovery plan drafted by Senate Democrats and moderate Republicans with an $820 billion version passed by the House. Additional debt costs would add about $350 billion or more over 10 years. Many provisions expire in two years.” Related postings on financial system Continue Reading
Notice Concerning the Lilly Ledbetter Fair Pay Act of 2009
EEOC: “On January 29, 2009, President Obama signed the Lilly Ledbetter Fair Pay Act of 2009 (Act), which supersedes the Supreme Courts decision in Ledbetter v. Goodyear Tire & Rubber Co., Inc., 550 U.S. 618 (2007). Ledbetter had required a compensation discrimination charge to be filed within 180 days of a discriminatory pay-setting decision (or… Continue Reading
GPO's Federal Digital System (FDsys) now available as a public beta!
“GPOs Federal Digital System (FDsys) is an advanced digital system that will enable GPO to manage Government information in a digital form. FDsys will enable GPO to manage information from all three branches of the U.S. Government. As a state-of-the-art digital content management system, FDsys will contain information gathered through three methods: Files submitted by… Continue Reading
CBO: Macroeconomic Effects of Amendment to American Recovery and Reinvestment Act
Estimated Macroeconomic Effects of the Inouye-Baucus Amendment in the Nature of a Substitute to H.R. 1, February 4, 2009, Letter to the Honorable Judd Gregg. “At your request, the Congressional Budget Office (CBO) has conducted an analysis of the macroeconomic impact of the Inouye-Baucus amendment in the nature of a substitute to H.R. 1. CBO… Continue Reading
