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US Law

Geithner urges Congress to impose bank tax to recover TARP funds

In a May 4 Senate Finance Committee hearing, Treasury Secretary Timothy Geithner made his pitch for the administration’s proposal to impose a Financial Crisis Responsibility Fee on financial firms with over $50 billion in assets. Excerpts from his testimony: “On October 3, 2008, Congress gave the Treasury Department authority to …

National Broadband Plan will recommend free public access to court documents

The National Broadband Plan that the Federal Communications Commission will present at its next monthly meeting on March 16 will call for free online access to court documents and other primary legal materials, according to an address this week by a member of the task force developing the plan. Eugene …

Stimulus added 1 million to 2.1 million jobs in 2009, CBO says

The Congressional Budget Office estimated that the American Recovery and Reinvestment Act (ARRA) added between 1 million and 2.1 million jobs to the economy by the fourth quarter of 2009, and provided a 1.5 percent to 3.5 percent boost to GDP. CBO’s estimates credited the stimulus measure with lowering the …

White House predicts 95,000 new jobs per month in 2010

Administration’s economic report touts stimulus bill’s impact After bleeding over 400,000 jobs per month in 2009, the economy will add an average of 95,000 jobs per month this year and 190,000 per month in 2011, according to the Obama administration’s economic forecast. That projection was part of the Economic Report …

Maryland tops national survey of state recovery spending websites

Maryland defended its title in the newest national ranking of state government websites designed to provide transparency about spending under last year’s stimulus bill. Show Us the Stimulus (Again) is the second report of rankings conducted by Good Jobs First, a non-profit coalition “promoting corporate and government accountability in economic …

Untangling the confusion on stimulus jobs, part two: GAO weighs in

The Government Accountability Office, in its assessment of jobs data reported by stimulus fund recipients and posted to the administration’s Recovery.gov site, said that considering “the national scale of the recipient reporting exercise and the limited time frames in which it was implemented, the ability of the reporting mechanism to …

Untangling the confusion on stimulus jobs

As part of its Eye on the Stimulus coverage, ProPublica has prepared a pair of FAQs to help users with the “daunting task” of navigating the Obama administration’s Recovery.gov site, launched as a transparency measure to let the public track stimulus spending under the American Recovery and Reinvestment Act. In …

First release of stimulus bill recipient data draws mixed reviews from transparency advocates

The Recovery Accountability and Transparency Board issued its first release of data from recipients of stimulus bill funds on October 15. About a third of the stimulus spending under the American Recovery and Reinvestment Act enacted in February comes in the form of contracts, grants, and loans. The bill requires …

Inspector general faults SEC for weak FOIA performance

The Securities and Exchange Commission lacks adequate procedures to meet its responsibilities under the Freedom of Information Act, and fared poorly when its FOIA performance in 2008 was measured against that of other federal agencies, according to a September 25 report (pdf, 3.6mb) from the office of SEC Inspector General …

CIA Inspector General’s 2004 report leads flurry of document releases on interrogations

This week we’ve seen a raft of newly released documents about the treatment of detainees in CIA custody. Here’s a rundown of where to find them. On August 24, the Department of Justice released a CIA inspector general’s report from 2004 reviewing the treatment of detainees in CIA custody after …