President Clinton's Proposals for Public Investment and Deficit Reduction, Vol. 1 of 2


Book Description

Excerpt from President Clinton's Proposals for Public Investment and Deficit Reduction, Vol. 1 of 2: Hearings Before the Committee on Ways and Means, House of Representatives, One Hundred Third Congress, First Session; March 9, 10, 16, and 17, 1993 March 9, 10, 16, 17, and 23, 1993. Testimony will be received only from those public witnesses who have already requested to testify in response to the February 26, 1993, press release. (the hearings were announced and the scope of the hearings was described in press release #4, dated February 26. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.




President Clinton's Proposals for Public Investment and Deficit Reduction, Vol. 1 of 2


Book Description

Excerpt from President Clinton's Proposals for Public Investment and Deficit Reduction, Vol. 1 of 2: Hearings Before the Committee on Ways and Means, House of Representatives, One Hundred Third Congress, First Session Page Borg-Wamer Security Corp., Donald C.Trauscht 1124 Boyle, R.Emmett, Ormet Corp 1195 Bloomfield, Mark, American Council for Capital Formation 378 Brandt, Helmut, Lunt Manufacturing Co., Inc 1155 Bretz, Thomas R., Royalty Coalition, and Price Waterhouse 1408 Bucks, Dan R., Multistate Tax Commission 1466 Bumham, Duane L.(See Emergency Committee for American Trade.) Business Council for a Sustainable Energy Future, Gerald Alderson 784 Campbell, Nancy DulT, National Womens Law Center 1095 CaribbeanLatin American Action, Peter B.Johnson 1379 Carrion, Arturo, Puerto Rico Private Sector 936 Coalition, and Puerto Rico Bankers Association 1267 Cbi Ambassadors Group, His Excellency Richard L.Bemal, Ambassador of Jamaica 1303 Chapler, Ted R., Iowa Finance Authority 1163 Chemical Manufacturers Association, J.Roger Hirl 599 Chicago Transit Authority, Robert Belcaster 1135 Collie, H.Chris, Employee Relocation Council 1062 Colorado, Hon. Antonio J., former Resident Conunissioner of Puerto Rico 1259 Committee on Royalty Taxation, Dexter F.Baker 1419 Computer and Business Equipment Manufacturers Association, Oliver R.Smoot 1477 Cook, Harry N., National Waterways Conference, Inc 633 Cooney, Rear Adm. David M., Usn (Ret.), Appreciated Property Working Group, and CJoodwill Industries of America, Inc 1074 Corrada DelRio, Hon. Baltasar, Secretary of State from the Commonwealth of Puerto Rico 480 Correll, Donald L., National Association of Water Companies, and United Water Resources 1223 Council on Research and Technology (Coretech), Robert Z.Lawrence .!!!. 1535 Dahlka, Edward A., Jr., Equipment Leasing Association of America 609 Deferral Preservation Coalition, Paul Oosterhuis 1433 de Ferrer, Miriam J.Ramirez, M.D., Puerto Ricans in Civic Action 1337 DeHaven, Robert, American Electronics Association, and Quality Systems Inc 1486 Donahue, Thomas J., American Trucking Associations 392 Dwars, Peter R., National Council of State Housing Agencies, and Illinois Housing Development Authority 912 Edison Electric Institute, Edward F.Mitchell 652 Electronic Industries Association, William A. Warren 1490 Elena, Luis P.Costas, Puerto Ricans in Civic Action 1337 Elrod, Robert, National Association of Home Builders, and Atkins, Elrod Co 951 Emergency Committee for American Trade, Robert L.McNeill on behalf of Duane L.Bumham 1505 Employee Relocation Council, H.Chris Collie 1062 Enterprise Foundation, F.Barton Harvey Iii 844 Environmental and Energy Study Institute, Dawn Erlandson 1086 Equipment Leasing Association of America, Edward A. Dahlka, Jr 609 Erlandson, Dawn, Friends of the Earth, and Environmental and Energy Study Institute. 1086 Fair Housing Implementation Office, Yonkers, N.Y., Karen V.Hill 833 Farmer, F.CKiott, United States Council for International Business 1516 Farrell, Joseph A., American Waterways Operators 619 Feldstein, Hon. Martin, Harvard University, and former Chairman, Council of Economic Advisers 361 Food Marketing Institute, Harry Sullivan 972 Foster, J.D., Tax Foundation 1524 Frank, JamesS., American Automotive Leasing Association, and Wheels, Inc 1218 Friedman, Eisenstein, Raemcr Schwartz, Mark Mann 1150 Friends of the Earth, Dawn Erlandson 1086 Fry, Paul R., American Public Power Association 700 Gackenbach, Julie Leigh, U.S. Chamber of Commerce 573 CJeneral Aviation Manufacturers Association, Edward W.Stimpson 1144 Gladstone, David, National Association of Business Development Companies. 409 Glunt, Roger, National Association of Home Builders, and Glunt Building Co. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com







President Clinton's Proposals for Public Investment and Deficit Reduction, Vol. 2 of 2


Book Description

Excerpt from President Clinton's Proposals for Public Investment and Deficit Reduction, Vol. 2 of 2: Hearings Before the Committee on Ways and Means, House of Representatives, One Hundred Third Congress, First Session; March 9, 10, 16, 17, 23, 31, and April 1, 1993; March 23, 31, and April 1, 1993; Serial 103-27 Eei strongly advocates sound economic, environmental, and energy policies. These policies should be developed so that they are in consonance with one another; Congress enacted new and strengthened environmental and energy statutes in 1990 and 1992. The proposed Btu energy tax must be examined in light of the cost of these new laws and the effect they will have on our Nation's economy. We believe the net effect of the proposed Btu energy tax will result in unsound economic, environmental and energy policy. Our testimony today focuses on the President's revenue proposals, including the Btu energy tax, the corporate tax rate increase, well as the incremental investment tax credit and the depreciation changes in the alternative minimum tax. Each of these proposals is discussed below. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.













The Means to Prosperity


Book Description

While recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true of fiscal policy, and a void has emerged. Issues such as timing, cyclical adjustments, long-term sustainability, and social implications are often seen as detached from discussions in the public arena. This book fills this gap. It delivers a keen assessment of the role and scope of current fiscal policy. New contributions and critical reviews of state of the art research analyze fiscal policy in terms of viability, potency, consequences and sustainability, and also shed light on its relation to economic and political ideas. The general tone of this volume is cautiously favourable of fiscal activism, although the emphasis is placed more on medium-term adjustments than on short-term ‘fine-tuning’. The authors believe that the legacy of the last fiscal revolution has been an excessively negative view of deficits and debt, and believe that this volume will contribute to open a dialogue on fiscal issues, and bring back a more balanced view of fiscal policy. With contributions from leading authorities including Barbara Bergmann, Jeffrey Frankel and David Colander, this is a major new contribution to the field.




The Financial Crisis Inquiry Report


Book Description

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.




The Temporary Assistance for Needy Families (TANF) Block Grant


Book Description

The Temporary Assistance for Needy Families (TANF) block grant provides federal grants to states for a wide range of benefits, services, and activities. It is best known for helping states pay for cash welfare for needy families with children, but it funds a wide array of additional activities. TANF was created in the 1996 welfare reform law (P.L. 104-193). TANF funding and program authority were extended through FY2010 by the Deficit Reduction Act of 2005 (DRA, P.L. 109-171). TANF provides a basic block grant of $16.5 billion to the 50 states and District of Columbia, and $0.1 billion to U.S. territories. Additionally, 17 states qualify for supplemental grants that total $319 million. TANF also requires states to contribute from their own funds at least $10.4 billion for benefits and services to needy families with children -- this is known as the maintenance-of-effort (MOE) requirement. States may use TANF and MOE funds in any manner "reasonably calculated" to achieve TANF's statutory purpose. This purpose is to increase state flexibility to achieve four goals: (1) provide assistance to needy families with children so that they can live in their own homes or the homes of relatives; (2) end dependence of needy parents on government benefits through work, job preparation, and marriage; (3) reduce out-of-wedlock pregnancies; and (4) promote the formation and maintenance of two-parent families. Though TANF is a block grant, there are some strings attached to states' use of funds, particularly for families receiving "assistance" (essentially cash welfare). States must meet TANF work participation standards or be penalised by a reduction in their block grant. The law sets standards stipulating that at least 50% of all families and 90% of two-parent families must be participating, but these statutory standards are reduced for declines in the cash welfare caseload. (Some families are excluded from the participation rate calculation.) Activities creditable toward meeting these standards are focused on work or are intended to rapidly attach welfare recipients to the workforce; education and training is limited. Federal TANF funds may not be used for a family with an adult that has received assistance for 60 months. This is the five-year time limit on welfare receipt. However, up to 20% of the caseload may be extended beyond the five years for reason of "hardship", with hardship defined by the states. Additionally, states may use funds that they must spend to meet the TANF MOE to aid families beyond five years. TANF work participation rules and time limits do not apply to families receiving benefits and services not considered "assistance". Child care, transportation aid, state earned income tax credits for working families, activities to reduce out-of-wedlock pregnancies, activities to promote marriage and two-parent families, and activities to help families that have experienced or are "at risk" of child abuse and neglect are examples of such "nonassistance".