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Electrify Africa Act Of 2013 (H.R. 2548; 113th Congress)
The Electrify Africa Act of 2013 () is a bill that would direct the President to establish a multiyear strategy to assist countries in sub-Saharan Africa develop an appropriate mix of power solutions to provide sufficient electricity access to people living in rural and urban areas in order to alleviate poverty and drive economic growth. The bill was introduced into the United States House of Representatives during the 113th United States Congress. Background According to the ONE Campaign, 589 million people in sub-Saharan Africa lack access to electricity. The lack of electricity makes it difficult or impossible for some healthcare facilities to store drugs (that need to be chilled to certain temperatures, for example) or use life-saving equipment. The lack of electricity also limits business growth, forces people to spend time looking for fuel sources, exposes people to harmful fumes from indoor fires used for cooking, heating, and lighting, and limits safety (due to a lack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ed Royce
Edward Randall Royce (born October 12, 1951) is an American politician who served as a member of the United States House of Representatives from California from 1993 to 2019. A member of the Republican Party, Royce served as Chairman of the United States House Committee on Foreign Affairs from 2013 to 2019. He previously served as a member of the California Senate from 1982 to 1993. He was reelected to his seat in 2016, having spent over $3.5 million on his campaign. On January 8, 2018, Royce announced that he would retire from Congress at the end of his term and not run for reelection in 2018. In September 2020, Royce joined the law firm Brownstein Hyatt Farber Schreck. Early life and education Royce was born in Los Angeles, California. He graduated from Katella High School in Anaheim, California. He earned his Bachelor of Arts degree in Accounting and Finance in 1977 from California State University, Fullerton. Early career Royce was a business owner and corporate tax m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
113th United States Congress
The 113th United States Congress was a meeting of the legislative branch of the United States federal government, from January 3, 2013, to January 3, 2015, during the fifth and sixth years of Barack Obama's presidency. It was composed of the United States Senate and the United States House of Representatives based on the results of the 2012 Senate elections and the 2012 House elections. The seats in the House were apportioned based on the 2010 United States Census. It first met in Washington, D.C. on January 3, 2013, and it ended on January 3, 2015. Senators elected to regular terms in 2008 were in the last two years of those terms during this Congress. The Senate had a Democratic majority, while the House had a Republican majority; such a split would not be repeated until the 118th Congress. This was the last time Democrats held control of the Senate until the 117th Congress in 2021. As of 2022, this is the most recent Congress in which Democrats held any seats in Arkansas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suspension Of The Rules
In parliamentary procedure, a suspension of the rules allows a deliberative assembly to set aside its normal rules to do something that it could not do otherwise. However, there are rules that cannot be suspended. Explanation of use Rules are essential to the regularity of the proceedings. They protect the principles of parliamentary procedure—order, the right of individual members and of minorities to be heard, and the right of a majority to carry out its will. For these reasons, members have a right to insist on the observance of the rules. Yet, the assembly may dispense with certain rules. Special rules of order, rules contained in the parliamentary authority, the standing rules of the assembly, and rules of order contained in the bylaws or constitution may be suspended. In addition, the bylaws may provide for a specific rule to be suspended. Depending on the type of rule being suspended, a motion to suspend the rules could be adopted with a two-thirds vote. In many case ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAYGO
PAYGO (Pay As You GO) is the practice in the United States of financing expenditures with funds that are currently available rather than borrowed. Budgeting The PAYGO compels new spending or tax changes not to add to the federal debt. Not to be confused with pay-as-you-go financing, which is when a government saves up money to fund a specific project. Under the PAYGO rules, a new proposal must either be "budget neutral" or offset with savings derived from existing funds. The goal of this is to require those in control of the budget to engage in the diligence of prioritizing expenses and exercising fiscal restraint. An important example of such a system is the use of PAYGO in both the statutes of the U.S. Government and the rules in the U.S. Congress. First enacted as part of the Budget Enforcement Act of 1990 (which was incorporated as Title XIII of the Omnibus Budget Reconciliation Act of 1990), PAYGO required all increases in direct spending or revenue decreases to be offset ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Appropriations Bill (United States)
In the United States Congress, an appropriations bill is legislation to appropriate federal funds to specific federal government departments, agencies and programs. The money provides funding for operations, personnel, equipment and activities. Regular appropriations bills are passed annually, with the funding they provide covering one fiscal year. The ''fiscal year'' is the accounting period of the federal government, which runs from October 1 to September 30 of the following year. Appropriations bills are under the jurisdiction of the United States House Committee on Appropriations and the United States Senate Committee on Appropriations. Both Committees have twelve matching subcommittees, each tasked with working on one of the twelve annual regular appropriations bills. There are three types of appropriations bills: regular appropriations bills, continuing resolutions, and supplemental appropriations bills. Regular appropriations bills are the twelve standard bills that cov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congressional Budget Office
The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress. Inspired by California's Legislative Analyst's Office that manages the state budget in a strictly nonpartisan fashion, the CBO was created as a nonpartisan agency by the Congressional Budget and Impoundment Control Act of 1974. Whereas politicians on both sides of the aisle have criticized the CBO when its estimates have been politically inconvenient, economists and other academics overwhelmingly reject that the CBO is partisan or that it fails to produce credible forecasts. There is a consensus among economists that "adjusting for legal restrictions on what the CBO can assume about future legislation and events, the CBO has historically issued credible forecasts of the effects of both Democratic and Republican legislative proposals." History The Congressional Budget Office was created by Title II of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade And Development Agency
The U.S. Trade and Development Agency (USTDA) is an independent agency of the United States government, formed in 1992 to advance economic development and U.S. commercial interests in developing and middle income countries. Structure The U.S. Trade and Development Agency (USTDA) was created under the (22 U.S.C. §2421) to "promote United States private sector participation in development projects in developing and middle-income countries" and to "provide opportunities for the use of United States exports." With these Congressional mandates, USTDA’s dual mission is unique among foreign assistance agencies: while the Agency promotes outcomes in infrastructure and economic development, it is mandated to help create American jobs through exports. History USTDA’s roots date to the 1970’s, when the United States Agency for International Development (USAID) coordinated a government-wide "Reimbursable Development Program" (RDP) to provide foreign countries continued access to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African Development Bank
The African Development Bank Group (AfDB) or (BAD) is a development finance institution, multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). The AfDB was founded in 1964 by the Organisation of African Unity, which is the predecessor of the African Union. The AfDB comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. Mission The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and Capital (economics), private capital in projects and programs that are likely to contribute to the economic and social development of the region. History Following the Decolonization of Africa, end of the colonial period in Africa, a growing desire for more unity within the continent le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations are the International Bank for Reconst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is a statutory member of the Cabinet of the United States, and is fifth in the presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, is confirmed by the United States Senate. The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments. The current secre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan Guarantees
A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt. Private loan guarantees There are two main types: # Guarantor mortgages # Unsecured guarantor loan Guarantor mortgages Popular with young borrowers who do not have a large deposit saved and need to borrow up to 100% of the property value to purchase a property. Generally, their parents will provide a guarantee to the lender to cover any shortfall in the event of default. There are three main types # Guarantor Mortgage – generally, a parent or close family member will guarantee the mortgage debt and will cover the repayment obligations should the borrower default. # Family offset mortgage – typically, a parent or grandparent will put their savings into an account linked to the borrower’s mortgage. They do not get any intere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Domain
The public domain (PD) consists of all the creative work to which no exclusive intellectual property rights apply. Those rights may have expired, been forfeited, expressly waived, or may be inapplicable. Because those rights have expired, anyone can legally use or reference those works without permission. As examples, the works of William Shakespeare, Ludwig van Beethoven, Leonardo da Vinci and Georges Méliès are in the public domain either by virtue of their having been created before copyright existed, or by their copyright term having expired. Some works are not covered by a country's copyright laws, and are therefore in the public domain; for example, in the United States, items excluded from copyright include the formulae of Newtonian physics, cooking recipes,Copyright Protection No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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