Govt-led educational reforms bringing change in Balochistan, claims CM’s aide“The project is proof our support for educational development in Balochistan is bearing fruit: Lehri … [Read more...] about Education dept launches online portal
Reforms in education
On May 23, 2017, the Treasury Secretary Steven Mnuchin and Gary Cohn of the National Economic Council announced the core principles of the Trump Administration’s tax reform proposal. This proposal includes lowering individual tax rates and doubling the standard deduction which could result in reduced charitable giving. By increasing the standard deduction, many taxpayers will find that their itemized deductions, including their charitable gifts, will be less than the standard deduction, therefore eliminating any tax benefit to the donor for charitable gifts. This could result in millions of taxpayers no longer making charitable gifts. According to a study commissioned by Independent Sector and conducted by Indiana Lilly Family School of Philanthropy, the number of itemizers would be decreased from approximately 33 percent to five percent. Another proposed change would reduce the number of individual income tax rates from seven to three (with brackets to be … [Read more...] about Could Tax Reform Threaten Higher Education?
The report card found that DHS oversight in both chambers of Congress has been claimed by more than 100 committees and subcommittees. The department provided more than 3,900 briefings and its officials testified more than 285 times in 2009 and 2010, numbers much higher than agencies of comparable size. “This amounted to thousands of hours of work, often duplicating efforts, and cost taxpayers millions of dollars,” it said. … [Read more...] about 9/11 Security Flaws Remain: Congressional Reform and Inoperability Still Plagued by Systematic Problems
House Financial Services Committee Advances Swaps and Housing Bills:On March 27th, the House Financial Services Committee reported four bills, two aimed at blunting the extraterritorial impact of the Dodd-Frank Act and a bill to shore up the FHA. The Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012 (H.R. 4235) repeals the indemnification requirement of the Dodd-Frank Act. The vote follows concerns expressed by a senior SEC official in a March 21st Capital Markets Subcommittee hearing that foreign regulators could not legally meet the requirement. The legislation—sponsored by Representatives Robert Dold (R-IL) and Gwen Moore (D-WI)—passed the Committee by voice vote. The Swap Jurisdiction Certainty Act (H.R. 3283) would amend the Commodity Exchange Act and the 1934 Securities Exchange Act to allow non-US companies registered as swap dealers to follow the capital rules of their home jurisdiction. To accomplish this, the bill exempts swaps from … [Read more...] about Financial Services Regulatory Reform and Legislative Update April 2, 2012
The challenge with this practice is that third-party operators are not subject to the provisions of FERPA. Included among FERPA’s requirements is a mandate for schools that receive federal funding to: (i) allow parents access to their children’s files in order to request corrections; and (ii) obtain parents’ consent before sharing such information. Enacted in 1974, FERPA is ill-equipped to adequately safeguard against 21st century education data security concerns. Under the law, “an educational agency or institution may disclose personally identifiable information from an education record only on the condition that the party to whom the information is disclosed will not disclose the information to any other party without the prior consent of the parent or eligible student.” 34 CFR § 99.33(a)(1). Plainly stated, FERPA applies only to the schools themselves, not to third-party cloud computing or online service … [Read more...] about California Breaks New Ground in Education Privacy Law with K-12 Student Data Privacy Bill