Monday, August 31, 2009

Opposition Party Wins Japanese Elections

Japan's Democratic Party claimed victory in Sunday's parliamentary elections. The long-dominant Liberal Democratic Party (LDP) was toppled by the opposition Democratic Party, which won 308 out of the 480 seats in the House of Representatives, the larger of the two houses within Japan's legislature, the National Diet. The Democratic Party is led by Yukio Hatoyama, who will most likely be chosen for the position of prime minister in mid-September. See the Washington Post for an account of the election results.

Our country guide to Japan provides links to a number of government websites and related resources about this island nation, such as the following:

Friday, August 28, 2009

GAO Reports This Week

The Government Accountability Office (GAO) is often called the investigative arm of Congress. This week GAO investigated private pensions. If you would like to know more about the GAO, check out the library's guide.

Report

Private Pensions: Alternative Approaches Could Address Retirement Risks Faced by Workers but Pose Trade-offs. GAO-09-642, July 24.
http://www.gao.gov/cgi-bin/getrpt?GAO-09-642
Highlights - http://www.gao.gov/highlights/d09642high.pdf

Thursday, August 27, 2009

Cash for Clunkers Comes to a Close

The "Cash for Clunkers," or CARS, rebate program for fuel-efficient vehicles came to a close on Tuesday, August 25. In this "wildly successful" program, as this Department of Transportation press release dubs it, rebate applications worth $2.877 billion were submitted for the program. According to the release, the program will increase economic growth for the 3rd quarter, sustain increased GDP in the 4th quarter, and create or save 42,000 jobs. You can find official program statistics here.

We first blogged on the CARS program on July 23. CARS was extremely popular from the start, creating some cash-flow fears for auto dealers and quickly exhausting the funds allotted for it in the stimulus package (see this New York Time Topics article for details). This led Congress to quickly pass a bill providing another $2 billion for CARS rebates (H.R. 3435).

Need more resources? See our guide to economic stimulus information.

Wednesday, August 26, 2009

Federal Procurement Is Under Investigation

The House of Representatives' Committee on Oversight and Government Reform is reviewing Army technology contracts that were awarded in a possibly inappropriate manner. Contracts awarded by the U.S. Army's Communications-Electronics Command (CECOM) in 2005 and 2006 supposedly involved close personal relationships and sharing of confidential cost estimates between government officials and contractors. The investigation of CECOM contracts is part of the committee's larger investigation of the federal procurement system. You can read more about the House review in the Washington Post.

Who shapes policy regarding Federal contracts? The Office of Federal Procurement Policy, which is under the Office of Management and Budget. A database of government procurement information is maintained by the General Services Administration at FPDS.gov.

You can find additional resources about federal procurement in our guide.

Tuesday, August 25, 2009

Congressional Research Service (CRS) Reports

Congressional Research Service (CRS) is a research agency of Congress and writes reports at Congress' request. These short reports (usually 10-40 pages long) cover recent topics of concern. This week brings us reports on the defense, health care, tax havens, and other topics. Although these reports are in the public domain, there is no central database available to the public. To get a copy of a CRS report you can request it from your senator or representative. This list is compiled from CRS reports discovered by OpenCRS:
Interested in historical CRS reports? If you are here at the Boulder campus, check out the LexisNexis Congressional database, which has reports dating back to 1916.

Not on campus but still want access to additional reports? The library has a guide linking to various additional sources of CRS reports.