*Nggak apa-apa...*
**
*Namanya juga mailing list ajang diskusi.*
*Jadi mbak Betty Cantik hari ini sikat apa nih? =)*
**
**
*T.o.m*


On 10/13/08, Betty Cantik <[EMAIL PROTECTED]> wrote:
>
>    Maaf Bung Tom, Betty cuma becanda aja yah, jangan marah...
>
>
>  ------------------------------
> *Dari:* Betty Cantik <[EMAIL PROTECTED]>
> *Kepada:* [email protected]
> *Terkirim:* Senin, 13 Oktober, 2008 13:51:24
> *Topik:* Bls: [saham] Hati-hati ban kempes di tengah jalan...
>
>   Betty tambahin : "PEDULI SETAN"
>
>
>  ------------------------------
> *Dari:* Tom DS <tom.ds.stock@ gmail.com>
> *Kepada:* obrolan-bandar@ yahoogroups. com; [EMAIL PROTECTED] com;
> investium_saham@ yahoogroups. com; junior_Trader@ yahoogroups. com
> *Terkirim:* Senin, 13 Oktober, 2008 13:36:15
> *Topik:* [saham] Hati-hati ban kempes di tengah jalan...
>
>  *FYI saja, nanti malam masih ada pengumuman Treasury Budget, hari rabu
> nanti Retail Sales, serta puncaknya minggu ini ada di hari kamis nanti yaitu
> pengumuman US Core CPI...*
> **
> *Saran saya jangan terlalu banyak membuang energi dulu, takutnya
> ban kempes di tengah jalan.. =)*
> **
> **
> *T.o.m*
> **
> **
>  *August Treasury Budget, How about September ???* *Updated 24-Sep-08
> 20:08 ET*
> *About this 
> release*<http://www.briefing.com/Investor/Public/Calendars/EconomicReleases/budget.htm#about>
>
>
> *
>
>
>
> * *Highlights*
>
>    - *Raw Data Available At: **http://www.fms. treas.gov/ mts/index. 
> html*<http://www.fms.treas.gov/mts/index.html>
>
> *Key Factors*
>
>    **
>
> *Big Picture*
>
>    **
>
>
>   *Category* *Aug* *Jul* *Jun* *May* *Apr*  *Deficit (-)/Surplus* *
> -$111.9B* *-$102.8B* *$50.7B* *-$165.9B* *$159.3B* *Deficit (-)/Surplus
> Fiscal YTD* *-$483B* *-$371B* *-$267B* *-$318B* *-$152B* *Deficit
> (-)/Surplus over last 12 months* *-$360.9B* *-$375.6B* *-$309B* *-$332B* *
> -$234B*
> *Up to 
> Top*<http://www.briefing.com/Investor/Public/Calendars/EconomicReleases/budget.htm#top>
>
>
> **
>
>  *Release Details* *Treasury Budget*
>
>    - *Importance (A-F): This release merits a D. *
>    - *Source: U.S. Treasury Department. *
>    - *Release Time: 14:00 ET, about the third week of the month for the
>    prior month. *
>    - *Raw Data Available At: **http://www.fms. treas.gov/ mts/index. 
> html*<http://www.fms.treas.gov/mts/index.html>
>    *. *
>
> *In Brief*
>
> *The monthly Treasury budget data follow strong seasonal patterns which
> produce huge month-to-month fluctuations in the deficit. These fluctuations
> tell us little about long term budget trends. To the extent that the market
> analyses the monthly Treasury data, the focus is on year/year changes in
> receipts and outlays, since the data are not seasonally adjusted. Only in
> April, the most important month for tax inflows to the Treasury, does the
> market pay any attention to this report. The data can be predicted with
> reasonable accuracy by using daily data in the Daily Treasury Statement.*
> *In Depth* *The President's Budget*
>
> *The annual budget process begins in late January or early February with
> the presentation of the President's budget for the coming fiscal year. The
> President's proposals serve as an outline for Congress, particularly when
> the White House and Congress are controlled by the same party. In the 1980s,
> the conflicting agendas of the President and Congress often resulted in a
> final budget which bore little resemblance to the President's budget. After
> a quiet budget year in 1994 when Democrats controlled Congress and the White
> House, the Republican takeover of the House and Senate has produced more
> contentious budget battles in 1995 and 1996.*
>
> *One of the most common misperceptions about the budget process is that
> the annual budgeting actually covers all federal spending. Though the
> President's proposed budget will include projections for all federal
> government outlays, less than half of all spending is actually controlled by
> the annual budget legislation. Roughly 67% of federal outlays are mandated
> by "permanent" law. Unless these laws are changed, no legislative review of
> spending programs funded by permanent law is required in the appropriations
> process. The same is true of federal receipts, where permanent law does not
> require annual review of taxation.*
>
> *Permanent law should not by any means be construed as suggesting true
> permanence. Permanent laws are changed frequently, with the 1990 and 1993
> budget deals being the most recent examples. These recent efforts to reduce
> the deficit have incorporated both changes in discretionary spending and
> changes in permanent laws affecting taxes and spending. Such deficit
> reduction efforts are usually packaged into a so-called Omnibus Budget
> Reconciliation Act (OBRA). In the absence of these comprehensive deficit
> reduction efforts, the annual budget review will only deal with
> discretionary spending which makes up roughly 33% of the budget. It is
> perhaps one of the better kept secrets in Washington that the annual budget
> review which seems at the core of the democratic process does not in fact
> review even half of all federal spending.*
> *The Budget Resolution*
>
> *Once the President has submitted his budget to Congress, the legislative
> process begins. Within six weeks of the date that the President presents his
> budget, each Congressional committee must report to the House and Senate
> Budget Committees regarding budget estimates for programs overseen by their
> committee.. The Budget Committees then approve a budget resolution based on
> these estimates. After full House and Senate approval of these resolutions,
> any differences between the House and Senate versions are worked out in
> conference committee and then a final resolution is approved by each house.
> This process is scheduled to be completed by April 15, but is often delayed,
> as was the case this year. As the budget resolution is only a blueprint for
> the budget and not actual legislation, it does not require presidential
> approval.*
> *Appropriations Bills*
>
> *The real job of budgeting begins after the budget resolution is adopted.
> The appropriations process is when actual budget authority for discretionary
> programs is legislated. We have already noted that annual budgeting only
> covers discretionary programs, which are responsible for just 33% of total
> spending. Even these discretionary programs are not bundled into one budget
> package. The annual budget for discretionary spending is actually comprised
> of 13 separate appropriations bills. The House and Senate Appropriations
> Committees each include 13 subcommittees which are responsible for the 13
> bills. The 13 subcommittees are listed below.*
>
> *Subcommittees of the House and Senate Appropriations Committees*
>   *Agriculture
> Commerce, Justice
> Defense
> District of Columbia
> Energy, Water* *Foreign Operations
> Interior
> Labor, Health
> Legislative* *Military Construction
> Transportation
> Treasury, Postal Service
> Veterans, HUD, Agencies*
>
> *As all tax and spending bills must originate in the House, the House
> Appropriations subcommittees will see the first action in the appropriations
> process. The 13 bills are crafted individually and do not work their way
> through the House and Senate on the same timetable. The goal is of course to
> complete legislation on all 13 bills by the beginning of the fiscal year on
> October 1. Yet these bills proceed and are approved of on their own, and are
> not packaged into one comprehensive bill known simply as the budget.*
>
> *Once a House Appropriations subcommittee approves its bill, the
> legislation proceeds to the full Committee and then to the House floor.
> Approval by the House sets in motion the same process in the Senate. Upon
> approval by the full Senate, differences between the House and Senate
> versions of the bill are reconciled in conference committee and then a final
> version of the bill is sent back to the House and Senate floors.
> Presidential approval of each of the 13 appropriations bills completes the
> process.. When work on the 13 bills is delayed past the start of the fiscal
> year, Congress and the President must approve of continuing resolutions
> which fund government programs at the prior year's level until the relevant
> appropriations bill is signed into law.*
>
> *One final note about the appropriations process is that the
> appropriations bills do not set actual outlays for the coming fiscal year,
> but instead legislate "budget authority." The Office of Management and
> Budget (OMB) defines budget authority as "the authority to incur legally
> binding obligations of the Government that will result in immediate or
> future outlays." Actual outlays may exceed or fall short of budget authority
> in any given year depending on past budget authority and the duration of a
> program.*
> *Omnibus Budget Reconciliation Act*
>
> *In years such as 1985, 1987, 1990, and 1993, Congress has enacted
> legislation aimed at long term deficit reduction. These legislative efforts
> occur separately from the annual appropriations process. They may change
> permanent laws and set caps which affect discretionary spending, but the
> regular budget process will nevertheless be unchanged. OBRA legislation
> affects permanent law and is not a substitute for annual budgets. OBRA
> legislation packages changes in permanent laws which will typically affect
> both taxation and mandatory spending. The legislative process for OBRA is
> completely different than the appropriations process. Legislation is still
> initiated in the House, but is not limited to work by the Appropriations
> Committee. The House Ways and Means Committee oversees tax law, and thus
> plays a critical role in OBRA legislation, as does its Senate counterpart,
> the Finance Committee. Legislation affecting entitlement programs also falls
> under the jurisdiction of committees other than Appropriations, i.e.
> proposed Medicare changes would be considered by a House Ways and Means
> subcommittee on health care.*
> *Supplemental Appropriations*
>
> *The 13 appropriations bills are not necessarily the last word for the
> year on federal spending. Supplemental appropriations bills may be approved
> at any time to provide additional funding for government programs. Tight
> caps on discretionary spending set by the 1990 and 1993 budget acts require
> a pay-as-you-go approach to such funding, thus limiting the number of
> supplemental appropriations. "Emergency" spending circumvents the
> pay-as-you-go mandate, however, allowing for a variety of supplemental
> appropriations. Past "emergencies" have covered everything from the Gulf War
> to extended unemployment insurance to natural disaster relief.*
>
>
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