Via LLRX – Legislation Alert: Worrisome Changes to Government Publications Are Possible Peggy Roebuck Jarrett writes about an issue that is significant to law librarians, federal documents librarians, and to the public. The subject is a draft House bill that proposes “to amend title 44, United States Code, to reform the organization, authorities, and programs… Continue Reading
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Category Archives: Legislation
Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act
Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act, December 6, 2017. The 2007-2009 financial crisis highlighted the problem of “too big to fail” financial institutions—the concept that the failure of a large financial firmc ould trigger financial instability, which in several cases prompted extraordinary federal assistance to prevent their failure. This… Continue Reading
Fundamentally Understanding the Usability and Realistic Evolution of Artificial Intelligence Act of 2017
“Cantwell, Young, Markey, Delaney & Olson Introduce Bill to Further Understand and Promote Development of Artificial Intelligence, Drive Economic Opportunity – Legislation creates federal advisory committee to examine and develop recommendations on: investment, workforce, privacy, and ethics, among others – [December 12, 2017] U.S. Senators Maria Cantwell (D-WA), Todd Young (R-IN), and Ed Markey (D-MA),… Continue Reading
Two respected organizations release analysis with same conclusion – Tax Bill will increase deficit
Tax Foundation – Preliminary Details and Analysis of the Tax Cuts and Jobs Act, December 18, 2017″…Overall, the plan would decrease federal revenues by $1.47 trillion on a static basis and by $448 billion on a dynamic basis. The remaining difference is explained by temporary dynamic revenue growth from the bill’s numerous expiring provisions…” Committee… Continue Reading
Paper – Tax Games, Roadblocks, and Glitches Under the New Legislation
Avi-Yonah, Reuven S. and Batchelder, Lily L. and Fleming, J. Clifton and Gamage, David and Glogower, Ari D. and Hemel, Daniel Jacob and Kamin, David and Kane, Mitchell and Kysar, Rebecca M. and Miller, David S. and Shanske, Darien and Shaviro, Daniel and Viswanathan, Manoj, The Games They Will Play: Tax Games, Roadblocks, and Glitches… Continue Reading
S.177 – Data Security and Breach Notification Act of 2015
“Data Security and Breach Notification Act of 2015 – Requires the Federal Trade Commission (FTC) to promulgate regulations requiring commercial entities, nonprofit and for-profit corporations, estates, trusts, cooperatives, and other specified entities that own or possess data containing personal information (covered entities), or that contract to have a third-party maintain or process such data for… Continue Reading
Analysis of the Long-Term Costs of the Administration’s Goals for the Military
CBO estimates that inflation-adjusted costs for the Department of Defense would climb from the $575 billion requested in 2018 to $688 billion in 2027 if DoD pursued goals that Administration officials have articulated for the military. “This report describes CBO’s analysis of the costs and budgetary consequences through 2027 of the current Administration’s goals for… Continue Reading
Treasury IG to report on completed tax bill analysis that was not released
ThinkProgess: “Treasury watchdog to investigate why analysis of GOP tax bill was never made public. Sen. Warren said the department has “grossly misled” the public. The Treasury Department’s inspector general has opened an inquiry into why the department’s analysis of the Republican tax plan hasn’t been released to the public, following a request from Sen.… Continue Reading
IssueVoter supports direct communications between voters and elected officials
FastCompany: “A site called IssueVoter is designed to make it much simpler to follow what elected officials are doing, easily share opinions about proposed bills, and track the results of votes.“I use this analogy: When you hire someone, and you pay and promote them, you get to see their work and evaluate the work they’re… Continue Reading
Consumer Protection Bureau Now Has Two Interim Acting Directors
The New York Times: “Mick Mulvaney, President Trump’s budget director, was named the acting director of the Consumer Financial Protection Bureau on November 24, 2017…moving to take control of the agency hours after its departing leader had taken steps to install his own choice for acting chief. By the end of the night, an agency… Continue Reading
More Machine Learning About Congress’ Priorities
ProPublica: “Speaker of the House Paul Ryan is a tax wonk ― and most observers of Congress know that. But knowing what interests the other 434 members of Congress is harder. To make it easier to know what issues each lawmaker really focuses on, we’re launching a new feature in our Represent database called Policy… Continue Reading
Statute that created CFPB documents succession plan in absence of director
The Intercept – “As soon as Richard Cordray, the current director of the Consumer Financial Protection Bureau, officially resigns — which could happen as soon as this week — we are told President Donald Trump will choose Mick Mulvaney, the current director of the Office of Management and Budget, to run the CFPB on a… Continue Reading
