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CBO -- Legislation Enacted in the 113th Congress That Will Affect Mandatory Spending or Revenues

Legislation Enacted in the 113th Congress That Will Affect Mandatory Spending or Revenues
Source: Congressional Budget Office

This report summarizes the Congressional Budget Office’s estimates of the budgetary effects of laws enacted in the 113th Congress that will affect mandatory spending or revenues.

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Business And Economics

Why employers and governments alike have a responsibility towards introducing a living wage

Following on from my piece about a global wealth tax cutting the gulf between the rich and the poor, another solution towards ending poverty and fairly distributing wealth would be the implementation of a living wage. 786 more words

Diary

CBO -- Report on the Troubled Asset Relief Program—March 2015

Report on the Troubled Asset Relief Program—March 2015
Source: Congressional Budget Office

In October 2008, the Emergency Economic Stabilization Act of 2008 (Division A of Public Law 110-343) established the Troubled Asset Relief Program (TARP) to enable the Department of the Treasury to promote stability in financial markets through the purchase and guarantee of “troubled assets.” Section 202 of that legislation, as amended, requires the Office of Management and Budget (OMB) to submit annual reports on the costs of the Treasury’s purchases and guarantees of troubled assets.

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Business And Economics

Chairmen of House and Senate Budget Committees Propose Good Budgets, Particularly Compared to Obama's Spendthrift Plan

Earlier this year, President Obama proposed a budget that would impose new taxes and add a couple of trillion dollars to the burden of government spending over the next 10 years. 914 more words

Economics

Affordable Care Act Penalty

Under the Affordable Care Act, there is a requirement to maintain minimum essential coverage. A penalty is imposed if an individual does not maintain the minimum coverage for themselves or any of their dependents for 1 or more months. 348 more words

Tax Year 2013

The Effects of Potential Cuts in SNAP Spending on Households With Different Amounts of Income

The Effects of Potential Cuts in SNAP Spending on Households With Different Amounts of Income
Source: Congressional Budget Office

The Supplemental Nutrition Assistance Program (SNAP, formerly known as Food Stamps) provides benefits to low-income households to help them buy food.

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Business And Economics

CBO -- Preserving the Navy's Forward Presence With a Smaller Fleet

Preserving the Navy’s Forward Presence With a Smaller Fleet
Source: Congressional Budget Office

In support of its mission to deter conflict or fight in wars if necessary, the Navy considers it a core responsibility to maintain a forward presence—to keep some of its fleet far from U.S.

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Business And Economics