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Pension Benefit Guaranty Corporation
A hearing was held on the Pension Benefit Guaranty Corporation (PBGC), which provides basic pension benefits to workers if an employer is unable to pay those benefits. In 2007 it was reporte…
334 views -
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Federal Response Plan to Market Turmoil
Peter Orszag testified about a Bush administration proposal to approve $700 billion to assist financial markets and the economy. Among the topics raised were government intervention in priva…
474 views -
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Economic Stimulus Payments
Nina Olson and other government officials testified about the status of the economic stimulus payments. Related topics included problems experienced by individuals eligible for rebate checks…
2,660 views -
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Internal Revenue Operations and Fiscal 2009 Budget
Witnesses testified about the 2008 tax return filing season, Internal Revenue Service operations, the fiscal year 2009 budget proposals, and the National Taxpayer Advocate’s Annual Report. A…
157 views -
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Fiscal Year 2009 Budget Markup Part 4
The Budget Committee continued its markup of the FY 2009 Budget Resolution. Members entertained a variety of amendments. Representative Bonner (R-AL) introduced a particularly controversial …
51 views -
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Economic Policy
The House Budget Committee heard testimony from Congressional Budget Office Director Peter Orszag on the release of the budget and economic outlook prepared by his office. Topics included de…
106 views -
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U.S. Economic Outlook
Federal Reserve Chairman Ben Bernanke testified about the near-term outlook for the U.S. economy. He said he expects slow economic growth in 2008 but not a recession. He did not endorse any …
249 views