The U.S. Government reached the statutory debt limit today, exhausting its normal ability to borrow money. In order to meet the government’s financial obligations, the Secretary of the Treasury must now take certain extraordinary measures. A newly updated report from the Congressional Research Service provides background on federal debt policy and explains the current state of affairs. See The Debt Limit Since 2011, March 9, 2015.
Other new or newly updated CRS reports that Congress has withheld from public distribution include the following.
Internet Domain Names: Background and Policy Issues, March 6, 2015
Internet Governance and the Domain Name System: Issues for Congress, March 6, 2015
Access to Broadband Networks: The Net Neutrality Debate, March 9, 2015
The Federal Budget: Overview and Issues for FY2016 and Beyond, March 6, 2015
OSC Rule Seemingly Expands Federal Contractor Whistleblower Rights, CRS Legal Sidebar, March 11, 2015
Scientific Basis of Environmental Protection Agency Actions: H.R. 1029 and H.R. 1030, CRS Insights, March 11, 2015
Prevalence of Mental Illness in the United States: Data Sources and Estimates, March 9, 2015
Health Care for Veterans: Traumatic Brain Injury, March 9, 2015
Federal Grants to State and Local Governments: A Historical Perspective on Contemporary Issues, March 5, 2015
The European Capital Markets Union, CRS Insights, March 11, 2015
Cyprus: Reunification Proving Elusive, March 6, 2015
Northern Ireland: The Peace Process, March 11, 2015
China-U.S. Trade Issues, March 9, 2015
Navy Irregular Warfare and Counterterrorism Operations: Background and Issues for Congress, March 4, 2015
Iran Sanctions, March 9, 2015
Investing in interventions behind the walls is not just a matter of improving conditions for incarcerated individuals—it is a public safety and economic imperative. By reducing recidivism through education and family contact, we can improve reentry outcomes and save billions in taxpayer dollars.
The U.S. government should establish a public-private National Exposome Project (NEP) to generate benchmark human exposure levels for the ~80,000 chemicals to which Americans are regularly exposed.
The federal government spends billions every year on wildfire suppression and recovery. Despite this, the size and intensity of fires continues to grow, increasing costs to human health, property, and the economy as a whole.
To respond and maintain U.S. global leadership, USAID should transition to heavily favor a Fixed-Price model to enhance the United States’ ability to compete globally and deliver impact at scale.