Archive for November, 2008
Global Dimension of the U.S. Financial Crisis – Policy Implications
Earlier this month the Congressional Research Service (CRS) published, and soon updated, a report titled “The U.S. Financial Crisis: The Global Dimension with Implications for U.S. Policy”. You can find a copy at the Federation of American Scientists (FAS) site: http://www.fas.org/sgp/crs/misc/RL34742.pdf
The report identifies four phases of response:
intervention to “contain the contagion” and restore confidence
coping with [...]
Venture Capitalists Sought for Entrepreneur in Residence 2 Program
The U.S. Department of Energy has announced an expansion of last year’s “entrepreneur in residence” (EIR) program. The DOE is seeking five venture capital firms to participate in this program, which is designed to accelerate the deployment and commercialization of advanced clean energy technologies from its national laboratories.
The program will place five more venture capital [...]
Health Care Back on the Front Burner?
Senators Max Baucus (D, MT) and Ted Kennedy (D, MA) today both signaled strong support for another run at health care reform. Kennedy, who chairs the Senate Health, Education, Labor, and Pensions committee, said he would “continue to lay the ground work for early action by Congress when President-elect Obama takes office.
In opening remarks at today’s Brookings [...]
FY08 Budget Deficit – $455 Billion
On November 7th the Congressional Budget Office released its monthly budget review. In fiscal year 2008 the federal government recorded a total budgert deficit of $455 billion, up from approximately $162 billion in 2007. The OMB Director’s blog reports that the FY08 deficit represented 3.2 percent of the US gross domestid product, up from 1.2 [...]
Read Full Post | Make a Comment ( None so far )178 Organizations Urge Quick Science Advisor Appointment
178 science, academic, and business organizations have sent letters to both Senator McCain and Senator Obama, urging the appointment of a White House cabinet-level science advisor by Inauguration Day. The letters state:
The next President of the United States will face a wide range of domestic and international challenges, from financial and regulatory reform to healthcare [...]
Another Warning to Banks
Rep. Barney Frank, Chair of the House Financial Services Commitee, jumped into the fray, warning that institutions will violate the law if they use bailout money for anything except to increase lending, as intended by Congress and the administration.
The Financial Services Committee is expected to hold hearings in November about the bailout program. –nks
Need more [...]
