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The Debt Ceiling Disasters
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Book Synopsis The Debt Ceiling Disasters by : Neil H. Buchanan
Download or read book The Debt Ceiling Disasters written by Neil H. Buchanan and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Congressional Republicans, starting in 2011, embarked upon an unprecedented strategy of budgetary brinkmanship, threatening not to increase the statutory debt ceiling by the amount necessary to accommodate their own taxing and spending decisions. Starting from the very beginning, Neil H. Buchanan provided legal and economic analysis of the political debate and the potential economic catastrophe that could ensue, demonstrating that the debt ceiling statute is unconstitutional and that the president is required to treat the debt ceiling as a dead letter. This book is a collection of Buchanan's essays, written contemporaneously, analyzing the political chaos of the first three debt ceiling crises that Republicans created and that the country narrowly survived.
Book Synopsis The Debt Ceiling Disasters by : Neil H. Buchanan
Download or read book The Debt Ceiling Disasters written by Neil H. Buchanan and published by Carolina Academic Press. This book was released on 2013-09-09 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2011, the new Republican majority in the House of Representatives embarked on a radical and dangerous path, threatening to refuse to increase the limit on federal debt. This new Republican strategy threatened to bring about the first federal default in the history of the United States – a default that would be caused not by economic necessity, but by political opportunism. Because no one had ever threatened to force the federal government to default on its obligations, politicians and scholars found themselves in uncharted territory. Most commentary was superficial and ad hoc, failing to take seriously the profound legal and economic questions that the Republican strategy raised. Neil H. Buchanan, an economist and a tax law scholar, emerged as the only expert analyst who systematically engaged in depth with all of the issues surrounding the debt ceiling. This book brings together Professor Buchanan’s accessible and lively analysis of the debt ceiling disasters as they have unfolded since 2011. He also provides an overview of where we now stand. He explains why the debt ceiling forces the President to choose between nothing but illegal and unconstitutional options. He shows that the President must obey the spending and taxing laws rather than the debt ceiling law, that novel strategies such as minting platinum coins are both illegal and dangerous, and that the only way to stop the debt ceiling disasters from continuing into the future is for the President to take a constitutional stand today.
Download or read book The Debt Bomb written by Tom A. Coburn and published by HarperChristian + ORM. This book was released on 2013-04-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a nation whose debt has outgrown the size of its entire economy, the greatest threat comes not from any foreign force but from Washington politicians who refuse to relinquish the intoxicating power to borrow and spend. Senator Tom Coburn reveals the fascinating, maddening story of how we got to this point of fiscal crisis—and how we can escape. Long before America’s recent economic downturn, beltway politicians knew the U.S. was going bankrupt. Yet even after several so-called “change” elections, the government has continued its wasteful ways in the face of imminent danger. With passion and clarity, Coburn explains why Washington resists change so fiercely and offers controversial yet commonsense solutions to secure the nation’s future. At a time when millions of Americans are speculating about what is broken in Washington, The Debt Bomb is a candid, thoughtful, non-partisan exposé of the real problems inside our government. Coburn challenges the conventional wisdom that blames lobbyists, gridlock, and obstructionism, and places the responsibility squarely where it belongs: on members of Congress in both parties who won’t let go of the perks of power to serve the true interests of the nation—unless enough citizens take bold steps to demand action. “Democracy never lasts long. It soon wastes, exhausts, and murders itself. There was never a democracy yet that did not commit suicide.” —John Adams Throughout a distinguished career as a business owner, physician, and U.S. senator, Tom Coburn has watched his beloved republic careen down a suicidal path. Today, the nation stands on the precipice of financial ruin, a disaster far more dangerous to our safety than any terrorist threats we face. Yet Coburn believes there is still hope—if enough Americans are willing to shake the corridors of Washington and demand action. With an insider’s keen eye and a caregiver’s deft touch, Coburn diagnoses the mess that career politicians have made of things while misusing their sacred charge to govern. Coburn’s incisive analysis: Reveals the root causes of America’s escalating financial crisis Exposes Washington’s destructive appetite for wasteful spending, power grabs, backroom deals, and quick non-fixes Rises above partisanship to implicate elected officials of all stripes in steering the nation off course Lays out a commonsense guide to restoring order Concludes with a clarion call and sound advice for Americans who would dedicate themselves to defusing the debt bomb Above all, Coburn believes the United States can continue as a beacon of opportunity for future generations—but how we act today will determine whether we deliver the nation to our children and grandchildren fully alive, on life support, or without a pulse.
Book Synopsis "Unmitigated Disaster" by : Louis D. Cruz
Download or read book "Unmitigated Disaster" written by Louis D. Cruz and published by Xlibris Corporation. This book was released on 2012-10 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: A story of America is moving "forward." And, NOW that word "forward" happens to be the slogan of the very man; that, Republican Willard Mitt Romney is trying to unseat. America the Party of "NO" has a man who will insist to see your ID, Birth Certifi cate, but won't release his Tax Returns, at the least 5-6 of them, so the voting electorate will know how to trust him. There are many perfectly legal ways for all "weasels" to get out of paying taxes. Especially, if you can afford armies of "creative" accountants to find them all. In our own Country's Congressional Leaders there is: Nothing but, shameless lies and dishonor! That explains what's going on here. If election in November is to be decided on the several issues, "Robme" (the Romney) and (Ryan, the Lying) along with the remaining hostile Republicans should stay away from foreign policy this next four years. Even drifting into that realm risks reminding voters of Obama's clear advantage in leadership. America, "Bush has been out of offi ce for almost 4 years, are YOU really going to continue to blame him ?" This is what the Republicans are saying! Honestly, if that's were the blame lies, absolutely! It wouldn't matter; even if, it's been 100, 200, or 300 years since George W. "the Idiot" Bush has been out of office, there will STILL remain too many unanswered questions!
Book Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Global Waves of Debt by : M. Ayhan Kose
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Author :United States. Congress. Senate. Committee on Appropriations. Subcommittee on the Department of Homeland Security Publisher : ISBN 13 : Total Pages :76 pages Book Rating :4.:/5 (319 download)
Book Synopsis The Federal Role in Disaster Recovery and Response by : United States. Congress. Senate. Committee on Appropriations. Subcommittee on the Department of Homeland Security
Download or read book The Federal Role in Disaster Recovery and Response written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on the Department of Homeland Security and published by . This book was released on 2012 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Congressional Record by : United States. Congress
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2017 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1498319483 Total Pages :87 pages Book Rating :4.4/5 (983 download)
Book Synopsis Vanuatu by : International Monetary Fund. Asia and Pacific Dept
Download or read book Vanuatu written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-06-13 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four years after Cyclone Pam struck Vanuatu causing extensive damages, reconstruction is near completion with full recovery in sight. The authorities are now focused on implementing their broader development plans that were slowed by the rebuilding process, which will require fiscal discipline and reforms to maintain debt sustainability. The authorities should continue their constructive engagement with development partners for technical assistance, capacity development, and concessional and grant-based funding. In parallel continuing to reform and strengthen the governance of institutions and removing vulnerabilities to corruption will be important.
Book Synopsis A Possible Approach to Fiscal Rules in Small Islands — Incorporating Natural Disasters and Climate Change by : Ryota Nakatani
Download or read book A Possible Approach to Fiscal Rules in Small Islands — Incorporating Natural Disasters and Climate Change written by Ryota Nakatani and published by International Monetary Fund. This book was released on 2019-09-06 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: A big challenge for the economic development of small island countries is dealing with external shocks. The Pacific Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question that arises is how should small developing countries formulate a fiscal policy to achieve economic stability and fiscal sustainability when prone to various shocks? We study how natural disasters affect long-term debt dynamics and propose fiscal policy rules that could help insulate the economy from such unexpected shocks. We propose fiscal rules to address these shocks and uncertainties using the example of Papua New Guinea. Our study finds the advantages of expenditure rules, especially a recurrent expenditure rule based on non-resource and non-grant revenue, interdependently determined by government debt and budget balance targets with expected disaster shocks. This paper contributes to the literature and policy dialogue by theoretically analyzing the impact of natural disasters on debt sustainability and proposing fiscal rules against natural disasters and climate changes. Our fiscal policy framework is practically applicable for many developing countries facing increasing frequency and impact of natural disasters and climate change. Our rules-based fiscal framework is crucial for sustainable and countercyclical macroeconomic policies to build resilience against devastating natural hazards.
Download or read book Slingshot written by Lauren Cohen Bell and published by CQ Press. This book was released on 2015-10-29 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incumbents don't lose. So how did nationally prominent House Majority Leader Eric Cantor lose a primary battle to college professor David Brat, an unknown political rookie? In Slingshot: The Defeat of Eric Cantor, authors Lauren Cohen Bell, David Elliot Meyer and Ronald Keith Gaddie take advantage of exceptional behind-the-scenes access to the Brat campaign to explain the challenger’s victory. They examine the essential need for elected officials to maintain strong support in their home districts and just how Cantor’s focus on climbing the party ranks in Washington contributed to his loss. They also show how local “rules of the game” —particularly voter mobilization in this case—affect elections, and they explore the continuing impact of the Tea Party and its role in the factionalism of current Southern politics. “This is a book that needed to be written. Eric Cantor’s defeat was not only shocking but it runs against everything we teach in our election courses. By extracting the lessons from Cantor’s defeat, Slingshot helps to inform our more general understanding of campaigns & elections.” -Professor Kirby Goidel, Texas A&M University
Author :United States. Commission on Intergovernmental Relations. Subcommittee on Natural Disaster Relief Publisher : ISBN 13 : Total Pages :52 pages Book Rating :4.3/5 (91 download)
Book Synopsis A Subcommittee Report on Natural Disaster Relief by : United States. Commission on Intergovernmental Relations. Subcommittee on Natural Disaster Relief
Download or read book A Subcommittee Report on Natural Disaster Relief written by United States. Commission on Intergovernmental Relations. Subcommittee on Natural Disaster Relief and published by . This book was released on 1955 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Presidency in Times of Crisis and Disaster by : Brian M. Harward
Download or read book The Presidency in Times of Crisis and Disaster written by Brian M. Harward and published by Bloomsbury Publishing USA. This book was released on 2019-11-15 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This resource uses primary documents and contextualizing essays to illuminate how America's presidents have responded to major tests of their leadership and approached their role and responsibilities in times of national crisis. Presidents hold the attention of the public like no other political actor. In addition, because of their unique role in the constitutional system, presidents often take immediate, unilateral action in the face of national emergencies. Exploring key events, crises, and disasters through the lens of presidential responsiveness, this text reveals not only the larger historical context but also the authority of presidents in meeting the "felt necessities of the time," deepening readers' understanding of those touchstone events. Comprehensive in temporal and topical scope, the book covers crises and disasters from the presidency of George Washington through Donald Trump's first two years in office. Important events covered include natural disasters, wars, assassinations, terrorist attacks, mass shootings, economic crises, riots, tragedies, and political scandals. Each event is explored through a primary document that reveals key dimensions of the presidential response to the crisis or disaster in question and contextual headnotes and essays that provide additional insights into the political, economic, and cultural contexts in which that event occurred and to which the president responded.
Book Synopsis Calibrating Fiscal Rules by : Olusegun Ayodele Akanbi
Download or read book Calibrating Fiscal Rules written by Olusegun Ayodele Akanbi and published by International Monetary Fund. This book was released on 2023-07-31 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This technical note assesses how large shocks from natural disasters are key source of vulnerabilities for public finances. It extends the IMF Fiscal Affairs Department calibration toolkit by developing a methodology to calibrate fiscal rules in the event of natural disaster shocks and the possibility of implementing climate adaptation and mitigation measures. The features incorporated in this technical note would allow the calibration of a prudent medium-term fiscal anchor as well as annual budgetary limits that ensure the sustainability of public finances. The note is accompanied by a set of toolkits that provides instructions on calibrating a medium-term debt anchor and corresponding operational rules in the presence of natural disaster risks, accounting for climate investment and other mitigation mechanisms.
Book Synopsis Understanding a New Presidency in the Age of Trump by : Joseph A. Pika
Download or read book Understanding a New Presidency in the Age of Trump written by Joseph A. Pika and published by CQ Press. This book was released on 2017-11-10 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the authors of The Politics of the Presidency comes this new supplement examining the unprecedented administration of Donald J. Trump. With their trademark balance between historical context, the current political environment, and contemporary scholarship on the executive branch, Joseph A. Pika, John Anthony Maltese, and Andrew Rudalevige offer students in American politics a brief but thorough overview of the Trump presidency’s first year of office. From the transition to the Russia investigation, Understanding a New Presidency in the Age of Trump grounds the ongoing news cycle in a deeper analysis of the executive branch, encouraging you to draw connections between current events and broader political science concepts. Whether packaged with another CQ Press title or used on its own, Understanding a New Presidency will give you the insight you need.
Book Synopsis Masters of Disaster by : Christopher Lehane
Download or read book Masters of Disaster written by Christopher Lehane and published by Macmillan. This book was released on 2012-12-11 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crisis gurus Lehane and Mark Fabiani teach executives, lawyers, publicists and anyone else who may find themselves or their clients under the public microscope the 10 commandments of damage control.
Book Synopsis Disaster Policy and Politics by : Richard T. Sylves
Download or read book Disaster Policy and Politics written by Richard T. Sylves and published by CQ Press. This book was released on 2019-02-13 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disaster Policy and Politics combines evidence-based research with mini-case studies of recent events to demonstrate the fundamental principles of emergency management and to explore the impact that disasters have had on U.S. policy. Paying special attention to the role of key actors—decision makers at the federal, state, and local levels; scientists; engineers; civil and military personnel; and first responders—author Richard Sylves explores how researchers contribute to and engage in disaster policy development and management. The highly anticipated Third Edition explores the radical change in policy and politics after the occurrence of recent disasters such as Hurricanes Harvey, Irma, and Maria; Hawaii’s false nuclear attack warning; and responses to U.S. wildfires. This book’s comprehensive “all-hazards” approach introduces students to the important public policy, organizational management, and leadership issues they may need as future practitioners and leaders in the field.
