• OMB Director Will Not Testify At House Subcommittee Hearing On USPS Woes

    Updated: 2011-02-28 21:28:58
    The Honorable Jacob J. Lew,  Director, Office of Management and Budget according to the press release was invited to testify at the “Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy  hearing on March 2, 2011. The hearing titled  “Pushing the Envelope: The Looming Crisis at USPS”  will  examine the fiscal situation of the [...]

  • APWU Members To Protest At White House Regarding Protection of USPS on March 7th

    Updated: 2011-02-28 21:28:58
    Regarding the Protection of the United States Postal Service   WE have a Permit for Monday March 7th from 1:30PM -3:30 PM to demonstrate our concerns: “Regarding the Protection of the United States Postal Service.”   We are to be at the Center Portion of the White House Sidewalk at said time.   Please show your [...]

  • Little women and a growing problem for the Big Society

    Updated: 2011-02-28 07:54:18
    Many women who provide unpaid care to relatives and charities which would cost the State billions of pounds to deliver are among those worst hit by plans to raise pension ages. More than 300,000 women born in the mid-1950s will have to work an extra two years before they retire under proposals currently being considered [...]

  • Things worth reading: 28th February 2011

    Updated: 2011-02-28 06:43:07

  • The Finanser's Week: 21st February - 27th February 2011

    Updated: 2011-02-27 08:25:23

  • After More Than 100 years Historic New Jersey Post Office Set To Close

    Updated: 2011-02-26 21:13:06
    Emergency Suspension of Johnsonburg Post Office In Frelinghuysen Township After more than 100 years at its present location, the historic Johnsonburg Post Office is set to close its doors in mid-March. A meeting has been scheduled with the United States Postal Service with regard to the closing of the Johnsonburg Post Office on Friday, March [...]

  • House Subcommittee Hearing: Pushing the Envelope -The Looming Crisis at USPS

    Updated: 2011-02-25 21:05:25
    The Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy will hold a hearing on March 2, 2011. The hearing titled  “Pushing the Envelope: The Looming Crisis at USPS”  will  examine the fiscal situation of the Postal Service and potential areas for postal reform.   Congressman Dennis Ross (R-Fl) is chairman. Date: Wednesday March 2nd, [...]

  • USPS Net Loss For January 2011 is $451 Million – YTD $ 781 Million

    Updated: 2011-02-25 21:05:24
    The US Postal Service released its fourth month preliminary financial report of the 2011 fiscal year (unaudited) . USPS reported a net operating loss of $451 million for the month of January 2011. This same period last year saw a $592 million net loss. In October USPS saw a net profit of $283 Million, November [...]

  • The 2011 Funding Level Debate Continues

    Updated: 2011-02-25 13:02:55
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts The 2011 Funding Level Debate Continues Clever Accounting in the 2012 Budget The President's Budget's Terminations , Reductions , and Savings Spending May Diminish , but Time Definitely Is Shrinking What Will the Budget Look like in 2021 Debt Hits Post-WWII Levels Line’ Items : Presidents Day Edition Fiscal Commission Co-Chairs Express Hope By month February 2011 49 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133

  • David Cameron's Big Society will suffer if AmeriCorps is scrapped

    Updated: 2011-02-25 10:37:45
    One of the prime examples of what David Cameron’s Big Society might entail is, according to this recent report from The Office of Civil Society, which is part of the Cabinet Office, something called AmeriCorps. This organisation was set up by the Clinton administration in 1993 to foster community involvement. In short, it is a [...]

  • Things worth reading: 25th February 2011

    Updated: 2011-02-25 04:14:23

  • Things worth reading: 24th February 2011

    Updated: 2011-02-24 07:55:33

  • Terence Corcoran: America’s corporate tax nightmare

    Updated: 2011-02-24 01:08:34
    High U.S. tax rates are distorting ­investment decisions In his State of the Union address and in comments since, U.S. President Barack Obama has demonstrated a remarkable ability to talk around the corporate tax policy nightmare taking shape across America. Not only are U.S. corporate tax rates now essentially the highest in the world, other ...

  • Things worth reading: 23rd February 2011

    Updated: 2011-02-23 08:02:38

  • Things worth reading: 22nd February 2011

    Updated: 2011-02-22 01:56:27

  • Debt Hits Post-WWII Levels

    Updated: 2011-02-22 01:18:24
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Debt Hits Post-WWII Levels Line’ Items : Presidents Day Edition Fiscal Commission Co-Chairs Express Hope Going to China , Before China Comes to Us MarketWatch : February 14-17, 2011 What Happens if the Budget's Assumptions Aren't So Rosy Happy Second Birthday ARRA Erskine Bowles and Alan Simpson Op-Ed By month February 2011 44 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health Care 128 National

  • Houston, we have a problem

    Updated: 2011-02-22 00:29:05
    Libya is the first major oil exporting country to be affected by the uprisings of the North African states. But although Libya is an important supplier to certain parts of Europe, it’s not so much the disruption of Libyan supplies which is driving the oil price ever higher right now as fears that the contagion [...]

  • Things worth reading: 21st February 2011

    Updated: 2011-02-21 07:36:00

  • MarketWatch: February 14-17, 2011

    Updated: 2011-02-18 14:00:24
    : CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Fiscal Commission co-chairs express hope Going to China , Before China Comes to Us MarketWatch : February 14-17, 2011 What Happens if the Budget's Assumptions Aren't So Rosy Happy Second Birthday ARRA Erskine Bowles and Alan Simpson Op-Ed Jon Stewart Balances the Budget CRFB Analysis of the President's 2012 Budget By month February 2011 42 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 All Archives By Keyword Budget 197 CBO 100 Congress 224 Deficits and Debt 350 Economy 133 Fiscal News 121 Health Care

  • Things worth reading: 18th February 2011

    Updated: 2011-02-18 07:03:07

  • ERRP update: it’s time to make your move

    Updated: 2011-02-17 21:19:31
    In our last ERRP post, we noted that $1 billion of the original $5 billion in Early Retiree Reinsurance Program (ERRP) funds has been paid out.  Now, according to an article this week in Business Insurance, the US Dept of Health and Human Services (HHS) estimates that $3.6 billion will have been paid out in [...]

  • Jon Stewart Balances the Budget

    Updated: 2011-02-17 14:27:36
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Erskine Bowles and Alan Simpson Op-Ed Jon Stewart Balances the Budget CRFB Analysis of the President's 2012 Budget House GOP Leadership Vows to Address Entitlement Spending Bill Frenzel : President's Budget FY2012 Budget Process Reform in the President’s Budget Increases and Decreases to Discretionary Spending in the President's Budget CNN Money Exclusive : How to Keep Deficits From Burning the Economy By month February 2011 37 January 2011 59 December 2010 46 November 2010 60 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 All Archives By Keyword

  • Things worth reading: 17th February 2011

    Updated: 2011-02-17 07:48:39

  • Corbett taps PA pension critic for state pension board

    Updated: 2011-02-16 21:07:25
    Tom Corbett wants state pension critic Wally Nunn on the state pension system's board

  • Proposed Changes to PBGC Premiums

    Updated: 2011-02-16 17:58:55
    The proposed 2012 federal budget contains an interesting provision which could dramatically change how PBGC premiums are determined. Here are the main aspects of the proposal: - Gives the PBGC authority to set and adjust premium rates as it sees fit. Currently the PBGC does not have this power, so the change would give the [...]

  • Ex-US pension investor to pilot PA retirement funds

    Updated: 2011-02-15 18:37:00
    Anthony Clark leaves the PBGC to take over as chief investment officer at Penn SERS

  • Extension of Retirement Plan Fee Disclosure Deadline

    Updated: 2011-02-14 22:15:46
    The DOL recently announced an extension of the deadline for service providers to comply with Section 408(b)(2) regulations. These rules govern the disclosure of fees charged to qualified retirement plans (e.g., 401(k) and defined benefit pension plans). Disclosures were originally required by July 16, 2011, which has now been extended to January 1, 2012. The [...]

  • Obama mortgage plan hurts home buyers, helps taxpayers

    Updated: 2011-02-11 18:40:10
    The plan to reform money-losing Fannie Mae and Freddie Mac will likely drive up home mortgage costs

  • Understanding the Leveraging Effect of GASB 45 OPEB Liabilities

    Updated: 2011-02-09 15:57:25
    As public plan sponsors complete their second (or third) actuarial valuation of GASB 45 liabilities, they may be surprised at the potential volatility of their Actuarial Accrued Liability (AAL). There are various factors that can cause large AAL changes, including adjustments to the plan provisions or switching health insurers. This post focuses on a less [...]

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