Since the beginning of the civilian nuclear power program in the 1950s, the federal government has undertaken to dispose of all of the used nuclear fuel rods, the most radioactive waste from the nation’s commercial nuclear power plants. One can debate the wisdom of this unique commitment, which was formalized in a 1982 law and in subsequent contracts between the government and nuclear power plant owner. However, there can be no debate about its binding nature, at least as to reactors now in existence or under construction.
Most of the public discourse on retirement planning revolves around how much people should save during their working years and what is the best means by which to do so. Just as important to retirement security, however, is what individuals do after they reach retirement and how they make their savings last for the possibility of living two, three, or more decades beyond their working careers. This is one of the biggest challenges facing the U.S. retirement system today.
At last week’s meeting of BPC's Governors’ Council, of which I am a member, we heard about some of the amazing innovations taking place around the country to better prepare students for the workforce and to better align our workforce programs with the current marketplace.
“Responding to Systemic Risk: Restoring the Balance”
By John C. Dugan, Peter R. Fisher, and Cantwell F. Muckenfuss III, co-chairs of BPC’s Systemic Risk Task Force
“Certain provisions of Dodd-Frank, however, are cause for concern, because they unnecessarily restrict the ability of the Federal Reserve and the FDIC to provide short-term liquidity to the financial system to mitigate the real-economy impact of a financial panic or crisis and they also restrict the ability to guarantee the debt of healthy financial companies in similar circumstances."
What is ISIS?
- Islamic State in Iraq and al-Sham (ISIS), also referred to as the Islamic State of Iraq and the Levant (ISIL) or, as it now calls itself, simply the Islamic State (IS).
- A jihadist organization that aims to form an Islamic state (caliphate) over the region stretching from Turkey, to Syria, to Egypt, to Jordan and to Lebanon, if not beyond.
The dramatic growth in elections spending over the last few years is obvious to anyone who has turned on a TV only to be met with a deluge of campaign ads. Political spending has doubled in the last decade, and more and new groups are getting in on the action.
On September 22, for the first time in the three-and-a-half–year long Syrian civil war, the United States carried out airstrikes in Syria, as part of a campaign against the terrorist group that now refers to itself as the Islamic State (IS, also known as ISIS or ISIL). “I made clear,” President Barack Obama told the nation, “the United States would take action against targets in both Iraq and Syria so that these terrorists can’t find safe haven anywhere.”
The Senate Finance Committee held a hearing on September 17 entitled “Retirement Savings 2.0: Updating Savings Policy for the Modern Economy,” focusing on how public policy could help increase the number of Americans who are financially prepared for retirement.
Policymakers seem to be gradually wakening to the fact that the sequester process that trimmed discretionary defense and non-defense accounts in the federal budget has begun to hurt. The impacts of sequestration are not only damaging to our national security, but also short-change investments in the future that affect projected economic growth.
The proposed regulations by the U.S. Environmental Protection Agency) under section 111(d) of the Clean Air Act aim to reduce greenhouse gas emissions from existing power plants. There are several compliance pathways, or policy designs, that states may consider in developing implementation plans. If you are looking to learn about them or explain them to someone else, review BPC Energy’s latest graphics on three of these approaches.