Potential impact it has on the United States and global markets. This is about an hour. [inaudible] thank you all for joining today. Happy new year. Have you here at aei. With the clock running, i want to kind of moved into a broader discussion. We had the opec deal reached in november, and this comes after watching the price go up and down over the year. 2017, the question is will the price hold . The newon for president elect donald trump and his administration, and also for you producers and nonopec producers. It is an interesting moment. I thought of looking at the price of oil before coming to the event, and it is at about 55. That is about the range they were hoping for back in november. It is an interesting moment to watch. Discussion,t with we will give a few moments for opening remarks, and then we e the full that one moment moment. The full one i believe you also served at one point in the Bush Administration in the white house. The reagan administration. And we have the coor
Before and against the proposal. This is two hours, 15 minutes. Good morning. The subcommittee will come to order. I appreciate folks joining us today. This is our first subCommittee Hearing of the 114th congress in the rules committee. Id like to thank my good friend, the gentleman from florida, hastings, for his support of this hearing. I would like to thank on his staff our subcommittee staff Ranking Member staff director, molly larson and mr. Cody for his help on the rules committee and janet rossy. This hearing before the subcommittee will examine 16 hr1610, the enhanced oversight act of 2015 introduced from my good friend from wisconsin, mr. Ribble. Biennial budgeting has been a topic of reform almost since the establishment of the congressional budget act in 1974. An act that i will make note was in the original jurisdiction of this rules committee that created the Budget Committee in 1974 and granted that authority. The question before us today is can moving from an annual to b
Tonight on the communicators at 8 p. M. Eastern on cspan2. President obama recently said his proposed 2015 federal budget to congress for review. In light of its release and the debates that followed, booktv presents portions of author talks on the federal budget process. In the next hour use eclipse with philip joyce, author of the Congressional Budget Office. David wessel, author of red ink inside the highstakes politics of the federal budget, and oklahoma senator tom coburn, author of the debt bomb and breach of trust. We begin with philip joyce author of the Congressional Budget Office honest numbers, power, and policymaking. The former cbo analyst and current professor of management, finance and leadership at the university of maryland recounts the formation of the Congressional Budget Office in 1974. Its internal operation and the nonpartisan economic and budget information it provides to congress. When was the cbo form . It was formed in 1974. It was, in fact, a reaction to some
Book tv brings you portions of talks about the budget. We start with philip with joyce of the American Association for budget analysis. In his book the Congressional Budget Office he gives a history and says its nonpartisan communication to congress and the public has been crucial in the creation of the political agenda. Has it been used as a political football in the past . The one thing you can say about organizations that produce information is that they cannot make anybody use that information. They cant even make anybody interpret that information accurately. So whoever it is that might be a support your opponent of a particular policy can clearly use a cost estimate for example to say that this is a bad policy or a good policy that happened for example in the Clinton Health care reform in 1993 and 1994 cbo came up with an estimate that said the Clinton Health care reform rather than saving money which the Clinton Administration said would cause money that was only one of aspects
Australia’s equity capital markets are slipping behind global competitors on market value, shares traded and foreign listings. That trend is unlikely to change while the ASX is fixing its monopoly clearing and settlement system.