Home » Posts tagged 'CBO'
Tag Archives: CBO
CBO scores FDLP Modernization Act
the Congressional Budget Office (CBO) recently released its scoring or cost estimate of H.R. 5305, FDLP Modernization Act of 2018. CBO is required by law to provide a formal cost estimate for nearly every bill approved by Congressional committees to show how the bill would affect the Federal budget over the next five to 10 […]
To read: “Cutting through the Fog: Govt Information, Librarians, & the 45th Presidency”
Kian Flynn and Cass Hartnett have just published a solid article in Reference & User Services Quarterly, 57(3) called “Cutting through the Fog: Government Information, Librarians, and the Forty-Fifth Presidency” (full citation below!). In it, they broadly highlight the current govt information landscape — kindly mention several projects including LOCKSS-USDOCS! — and then come to […]
Drastic Cuts to CBO Budget
The Washington Post reports that amendments to the Legislative Branch Appropriations Bill contained in H.R. 3219 would gut the Congressional Budget Office (CBO). These amendments would make it impossible for CBO to continue to execute one of its core duties by eliminating CBO’s Budget Analysis Division and reduce the agency’s staff by at least one […]
A bill to amend the Freedom of Information Act
House bill 1211 amends the Freedom of Information Act with the intended purpose being to provide for greater public access to information. The bill would require federal agencies to make public information disclosed under FOIA available in an electronic, publicly accessible format and require the OMB to ensure the existence and operation of a single, free website for submitting requests for records and receiving automated information about the status of a FOIA request.
- H. R. 1211 To amend section 552 of title 5, United States Code (commonly known as the Freedom of Information Act), to provide for greater public access to information, and for other purposes., [pdf] Mr. ISSA (for himself and Mr. CUMMINGS), 113TH Congress 1st session, March 15, 2013.
- Bill Summary & Status, Thomas.
- Cost Estimate, H.R. 1211 FOIA Act, by Matthew Pickford, Elizabeth Cove Delisle, Paige Piper/Bach, Theresa Gullo. Congressional Budget Office (May 21, 2013).
Policies for Increasing Economic Growth and Employment
Politics is so tiring. The same old talking points every day. Wouldn't it be nice if someone in Congress would give us a non-partisan objective view of our options? Oh, wait! The Congressional Budget Office does just that! Recent testimony by the CBO director tells us (yet again) what CBO has been telling us: that extending unemployment benefits produces more output and better increase in employment per dollar spent than any other option. Looking for a document (or an agency) to feature on your blog or GovInfo home page? Here you go!
- Policies for Increasing Economic Growth and Employment in 2012 and 2013, Statement of Douglas W. Elmendorf, Director Congressional Budget Office, before the Committee on the Budget United States Senate, Congressional Budget Office (November 15, 2011) [54 pages, PDF].
Comparing the estimated effects of different policy actions shows the following:
- Policies that would have the largest effects on output and employment per dollar of budgetary cost in 2012 and 2013 are ones that would reduce the marginal cost to businesses of adding employees or that would be targeted toward people who would be most likely to spend the additional income. Such policies include reducing employers’ payroll taxes (especially if limited to firms that increase their payroll), increasing aid to the unemployed, and providing additional refundable tax credits in 2012 for lower- and middle-income households.
- Policies that would primarily affect businesses’ cash flow but would have little impact on their marginal incentives to hire or invest would have only small effects. Such policies include reducing business income taxes and reducing tax rates on repatriated foreign earnings.
Latest Comments