Money and Computing
Cost Estimate for the Conference Agreement on H.R. 1; Estimated Budgetary Effects
Title I would amend numerous provisions of U.S. tax law. Among other changes, the bill would reduce most income tax rates for individuals and modify the tax brackets for those taxpayers; increase the standard deduction and the child tax credit; repeal deductions for personal exemptions; repeal or limit certain itemized deductions; and increase the exemption amounts for the individual alternative minimum tax. Those changes would take effect on January 1, 2018, and would be scheduled to expire after December 31, 2025. The bill also would permanently repeal the penalties associated with the requirement that most people obtain health insurance coverage (also known as the individual mandate). more »
Women Rule? We're Getting Closer
Jo Freeman writes: On December 5 Rep. Cheri Bustos (D-IL) told the Fifth annual Woman Rule Summit that she saw the same energy and enthusiasm in women during the last year that she saw [during the Anita Hill/Clarence Thomas hearings], and thought another Year might be coming. Sexual harassment by powerful men certainly attracted a lot more attention in 2017 than it did 25 years ago. There has been a shift in the presumption that the women were lying to a belief that the men are in denial. The Women Rule Summit featured issues of importance to women in more than just politics. The Fifth Summit had panels on women in sports, as entrepreneurs, in federal law enforcement, as well as a lot of politics.
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Financial Services Industry: Trends in Management Representation of Minorities and Women and Diversity Practices
GAO was asked to analyze diversity trends in the financial services industry, particularly in management positions. This report examines (1) trends in management-level diversity in the financial services industry from 2007 through 2015, (2) trends in diversity among potential talent pools, and (3) challenges financial services firms identified in trying to increase workforce diversity and practices firms used to address them. more »
Pew Research Center: On Gender Differences, No Consensus on Nature vs. Nurture; Americans Say Society Places a Higher Premium on Masculinity Than on Femininity
The public sees vastly different pressure points for men and women as they navigate their roles in society. Large majorities say men face a lot of pressure to support their family financially (76%) and to be successful in their job or career (68%); much smaller shares say women face similar pressure in these areas. At the same time, seven-in-ten or more say women face a lot of pressure to be an involved parent (77%) and be physically attractive (71%). About half say more should be done to encourage girls to be leaders (53%) and to stand up for themselves (54%), compared with about four-in-ten who say the same about encouraging boys to do each of these. more »