An Update from the Congressional Budget Office. * INTRODUCTION: The Congressional Budget Office’s November 2025 update shows that rapidly changing tariff policies have significantly reshaped federal budget projections. As of mid November, the effective U.S. tariff rate is about 14 percentage points higher than a year earlier, and CBO now…
Articles Posted in News from Organizations
Stanford’s Liftlab: A New Frontier in Legal Tech, And What it Could Mean for Law Libraries
Introduction Stanford Law School has recently announced the launch of the Legal Innovation through Frontier Technology Lab (Liftlab),led by Stanford CodeX research fellow Megan Ma, who will serve as liftlab’s executive director, alongside professor of law Julian Nyarko. Liftlab ia a bold new initiative designed to explore how artificial intelligence…
Philip Swagel, CBO Director: Recent Speaking Engagements
September 11-18, 2025 Over the past week, Philip Swagel participated in several events where he highlighted Congressional Budget Office’s* role, discussed recent analyses, and engaged with audiences on topics ranging from tax policy to long-term fiscal challenges. On September 11, he joined a breakfast discussion on tax policy hosted by…
News Briefs and Summaries from NJSBA, August 1, 2025
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: Welcome to Your…
Google Removes Nearly 11,000 You Tube Channels Linked to Various Nations to Counter Disinformation Campaigns
According to the Google Threat Analysis Group Bulletin for Second Quarter 2025, Google has removed nearly 11,000 YouTube channels tied to state-run propaganda campaigns for China, Russia, and other nations over the last few months. “The company announced in a July 21 press release in the Bulletin that in the…
How Changes to Funding for the NIH and Changes in the FDA’s Review Times Would Affect the Development of New Drugs
From the Congressional Budget Office (CBO), July 18, 2025. CBO was asked to assess the effects of a permanent 10 percent reduction in NIH funding and a nine-month increase in FDA review times of new drug applications. SUMMARY STATEMENT: “CBO provides information about how changes to funding for the National…
CBO Monthly Budget Review: June 2025
Report from the Congressional Budget Office (CBO): July 9, 2025. The federal budget deficit totaled $1.3 trillion in the first nine months of fiscal year 2025, CBO estimates. That amount is $65 billion more than the deficit recorded during the same period last fiscal year. SUMMARY: The federal budget deficit…
News Briefs and Case Summaries from NJSBA: July 1, 2025
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 School Securities…
The Weekly Economic and Market Recap, June 16 – June 20, 2025
From: Peapack Bank and Trust: Shaped by shifting geopolitical tensions and key economic updates, U.S. equities remained volatile during the holiday shortened week. Early on, markets rebounded from last week’s selloff, supported by hopes that the conflict in the Middle East between Israel and Iran might ease. Comments from U.S.…
Guide to Preventing Scams: From New York City Council Member Gale Brewer
Spring 2025. Letter from Hon. Gale Brewer: Tens of thousands of people nationwide are victims of a scam every year—in 2024 alone, scams cost Americans $47 billion. As the New York Times reported, “People of all ages and socioeconomic levels are potential targets, but older Americans are particularly vulnerable. They’re…