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The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
The National Defense Authorization Act (NDAA) is any of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961.
The John S. McCain National Defense Authorization Act for Fiscal Year 2019 (NDAA 2019) is a United States federal law which specifies the budget, expenditures and policies of the U.S. Department of Defense (DOD) for fiscal year 2019. It was signed by President Donald Trump during a ceremony in Fort Drum, New York on August 13, 2018. [1]
Generally, each of these laws requires a process that includes (a) publication of the proposed rules in a notice of proposed rulemaking (NPRM), (b) certain cost-benefit analyses, and (c) request for public comment and participation in the decision-making, and (d) adoption and publication of the final rule, via the Federal Register.
The bill also eliminated the Volcker Rule for small banks with less than $10 billion in assets. [6] The Act was the most significant change to U.S. banking regulations since Dodd–Frank. [5] [7] [8] Barney Frank, leading co-sponsor of Dodd-Frank, said parts of the original law were a mistake and supported the legislation. [9] [10] [11] [12]
The NDS informs another related document, the National Military Strategy (NMS), [a] [b] written by the Joint Chiefs of Staff and signed by its Chairman (CJCS). [7] The NMS and NDS often agree, but since the CJCS's role is to give unfiltered military advice to the government, the NMS is also an opportunity for the CJCS to provide a contrary ...
The National Artificial Intelligence Initiative Act of 2020 (division E) aims to establish a coordinated federal initiative to advance artificial intelligence (AI) research, development, and adoption in the United States. Key components of the AIIA include the creation of a National AI Initiative Office for coordinating federal AI activities ...
As of 2019, MMT theorists believed that governments have the power to create and spend money within a limit of reason without creating hyperinflation, as well as the ability to forgive its debt or repay itself; [87] in contrast, as of 2020, orthodox economic theorists tended to focus on national deficit as a debt that needs to be repaid ...