Articles Posted in News from Organizations

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Congressional Budget Office’s  transparency efforts are intended to promote a thorough understanding of its work, help people gauge how estimates might change if policies or circumstances differed, and enhance the credibility of its analyses and processes

SUMMARY:

Transparency is a top priority for the Congressional Budget Office, and the agency continues to bolster its efforts to be transparent. Those efforts are intended to promote a thorough understanding of CBO’s work, help people gauge how estimates might change if policies or circumstances differed, and enhance the credibility of the agency’s analyses and processes.

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Report-April 11, 2025.

The Congressional Budget Office* “(CBO) provides an overview of federal tax credits that support investment in wind and solar electric power. The agency also explains how it assesses the credits’ budgetary and economic effects and how its baseline reflects JCT’s revenue estimates.”

SUMMARY:

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April 10, 2025, Report

The Congressional Budget Office (CBO) analyzed the effects of an alternative budget scenario in which certain provisions of the 2017 tax act were extended permanently and revenues were reduced by additional amounts.

SUMMARY:

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These News Briefs and Decision Summaries are from  the  the New Jersey State Bar Association. They are an exclusive benefit of the Association in partnership with the New Jersey Law Journal. A subscription may be necessary to access the full text of some of the items listed:

NEWS BRIEFS:

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Adopted August 2016; Revised Commentary 2017 and 2024.

FROM THE INTRODUCTION:

Persons with mental disorders are disproportionately represented in the criminal justice system. Studies suggest that anywhere from 16 to 24% of people in jails and prisons have a serious mental illness.1 This rate is three to 12 times higher than the rate of serious mental disability in the community, 2 and at least three times higher than the population in psychiatric hospitals.3 It also represents a vast increase over the incarceration rate of people with mental disability 30 years ago, when the first edition of these Standards was promulgated.4 If mental disorder is defined more broadly, to include personality disorders, the percentages involved in the criminal system skyrocket to over 50%.

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The Congressional Budget Office (CBO)* analyzed the effects of alternative budget scenarios in which provisions of the 2017 tax act were extended and the average interest rate on federal debt increased.

Summary:

This letter responds to a request for an analysis of projected deficits and debt under alternative scenarios for the budget and interest rates. Specifically, Congressman Schweikert asked how CBO’s baseline projections of deficits and debt—which reflect the scheduled expiration of certain provisions of the 2017 tax act (Public Law 115-97) under current law—would change if all provisions of that act were extended permanently. Congressman Schweikert also asked how the projections would change further if interest rates were higher than expected.

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The Congressional Budget Office (CBO)* has created a workbook to allow users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables relative to the values underlying CBO’s January 2025 projections.

SUMMARY:

This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables—productivity growth, labor force growth, interest rates, and inflation—relative to the values underlying the Congressional Budget Office’s most recent projections. Those projections were published in The Budget and Economic Outlook: 2025 to 2035.

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These News Briefs and Decision Summaries are from  the  the New Jersey State Bar Association. They are an exclusive benefit of the Association in partnership with the New Jersey Law Journal. A subscription may be necessary to access the full text of some of the items listed

NEWS BRIEFS:

Law Firm Found Liable for Malpractice in Suit Over Hazing Death

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“The New Jersey State Bar Association remains steadfast in its mission of fostering a diverse and inclusive legal community, advancing the rule of law, protecting individual rights under the Constitution, preserving the independence of our judiciary, and providing equal protection and access to justice for all.”

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These News Briefs and Decision Summaries are from  the  the New Jersey State Bar Association. They are an exclusive benefit of the Association in partnership with the New Jersey Law Journal. A subscription may be necessary to access the full text of some of the items listed

NEWS BRIEFS:

Sharing Porn Doesn’t Warrant Official’s Firing, Court Rules

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