As stated in the note from the Sunlight Foundation′s Board Chair, as of September 2020 the Sunlight Foundation is no longer active. This site is maintained as a static archive only.

Follow Us

2Day in #OpenGov 8/5/2013

by

by Justin Lin, policy intern NEWS:

  • According to a recent Quinnipac poll, Chris Christie was viewed the most favorably in the country, topping out at 53.1 "degrees." He beat out Secretary of State Hillary Clinton, Senator Elizabeth Warren, and President Barack Obama, but amongst Republicans Christie was only at eighth place. (Politico)
  • It is often hard to say who exactly is involved with immigration reform in the House, and there may be more than 10 representatives working on the bill right now, an extraordinarily high number. House Speaker John Boehner has been criticized for a hands off approach, but Boehner's aides have responded by pointing out that he is delegating the process out to trusted colleagues in the House. (National Journal)
  • The August recess has arrived, which makes the time ripe for lobbyists to arrive in the home districts of certain congressmen and congresswomen. Congress faces many battles in the coming September, with the debt limit hike and immigration reform, among other issues. In addition to lobbying groups, different liberal organizations plan to show up at certain districts and make a lot of noise. (Washington Post)
  • Many GOP governors have been urging against trying to force a government shutdown, arguing that doing so would hurt the economies in their respective states and would leave the party to shoulder much of the blame. The governors also discussed the Affordable Care Act and many GOP governors pointed out the legislative difficulty of repealing the law. (New York Times)
  • Tom Steyer, a billionaire environmentalist from California, is heavily supporting Terry McAuliffe for governor of Virginia. Steyer has decided to personally advocate for McAuliffe because he considers Cuccinelli's views on environmental issues objectionable, but Cuccinelli has already fired back, with a spokesman saying that Steyer is another advocate of the "war on coal." (Politico)

A-Rod’s political picks

by

Former New York City Mayor Rudy Giuliani made his reputation as a take-no-prisoners prosecutor, but he's showing an uncharacteristic soft spot for at least one alleged miscreant who happens to wear pinstripes.

Turns out that Alex Rodriguez, whom Giuliani is urging fans not to boo when the New York Yankees slugger returns to the diamond tonight after a long injury rehab and under an enormous legal cloud, is one of hizzoner's political benefactors.

Rodriguez, who faces a potential lengthy ban by Major League Baseball over charges that he's a repeat user of performance-enhancing drugs, maxed out in ...

Continue reading

OpenGov Voices: PySEC, bringing corporate financial data to the masses

by

Disclaimer: The opinions expressed by the guest blogger and those providing comments are theirs alone andLuke Rosiak do not reflect the opinions of the Sunlight Foundation or any employee thereof. Sunlight Foundation is not responsible for the accuracy of any of the information within the guest blog.

Luke Rosiak is a former Sunlight Foundation reporter and database analyst who now writes for the Washington Examiner. This post addresses the tooling around Extensible Business Reporting Language and provides recommendations on what needs to be done. You can reach Luke on Twitter at @lukerosiak.

In the early 1990s, long before most federal agencies had embraced the digital era, the Securities and Exchange Commission (SEC) undertook a truly “big data” initiative that showcased some of the best that open data had to offer: Its quarterly reports were uploaded in real time, in text, rather than PDF, format, to a public FTP server called EDGAR. (File Transfer Protocol or FTP is a standard network protocol used to copy a file from one host to another over a network.)

Like with the Federal Election Commission, the companies submitted their own reports, but they immediately entered the public record, and it was the government who required the submissions, dictated the forms and made them available.

EDGAR, which was implemented in part by Sunlight Foundation supporter Carl Malamud, revolutionized a massive industry of financial watchers who used the reports to decide what companies to invest in--and which to dump. Firms like Bloomberg and Reuters processed the text files into structured data, and analysts pored over them.

washington times imageAnd before long, the SEC was pushing the ball even further, with talk of XBRL or Extensible Business Reporting Language. After all, financial information was almost entirely numbers-based, lending itself to computer analysis, and was fairly structured, with accountants all using a core of the same carefully-defined terms--though Wall Street accounting is too complex to fit in simple columns and rows, necessitating nested structures and the ability to dynamically define new terms.

The X in XBRL was a double-edged sword there. XBRL’s power, advocates said, was derived from its flexibility. It was a unified language that could express financial ideas whether the company was trading goats in Ethiopia or derivatives in Manhattan. To provide that kind of flexibility, it allowed accountants to define their own terms in financial documents, extending from a base of agreed-upon terms, in America called the US-GAAP.

But the US-GAAP itself had thousands of terms, and accountants who were accustomed to filing paper reports never bothered to learn its structure. Lazy filers created their own custom terms when buried somewhere in the GAAP, there was already a universal term that meant the same thing. That defeated the purpose of structured reporting, because it made comparing across companies impossible.

Continue reading

2Day in #OpenGov 8/2/2013

by

by Justin Lin, policy intern NEWS:

  • Rep. Tom Cotton (R-Ark.), an Iraq war veteran and first-term representative is reportedly going to run for the Arkansas Senate seat, though Cotton's spokeswoman has not confirmed nor denied such reports. Cotton faces incumbent Democratic senator Mark Pryor, but he has received a lot of support from both the establishment and conservative wings of the party. (Washington Post)
  • Rep. Debbie Wasserman Schultz (D-FL), the Democratic National Committee Chairwoman, has set a goal to give $2.5 million to Democrats in the House, putting her on par with Minority Whip Steny Hoyer in terms of amount donated. She has spent a lot of time in her position talking to important donors, and though some are enthusiastic about her leadership, others in the party say that she has not built enough strong relationships with members of her own party. (Politico)
  • House Majority Leader Eric Cantor is leading the push to save $40 billion with the food stamp program by imposing more stringent regulations on the work requirement and forcing able-bodied persons off the rolls. However, many Democrats have expressed misgivings about Cantor's approach, saying that he has alienated Democrats and has even put Republicans in a tough position to compromise. (Politico)
  • Sen. Lindsey Graham (R-SC) is going to face two more primary challengers, State Sen. Lee Bright, and Nancy Mace, who was the first female to graduate from The Citadel, a senior military college. Graham faces another challenger, Richard Cash, who has also run for congress before, and unlike many other states, South Carolina holds a runoff if no candidate receives a majority of the votes in the primary. (Washington Post)

Continue reading

Mining interests want to mine near streams

by

When a House subcommittee takes up a mining industry-backed bill at a hearing Friday, it will mark another episode in a highly partisan saga dating back at least to the George W. Bush Administration involving the dumping of waste from coal mines near streams. The bill, H.R. 2824, is sponsored by Reps. Bill Johnson, R-Ohio, and Douglas Lamborn, R-Colo., both of whom count the mining industry among their top contributors, according to Influence Explorer.

Environmentalists charge the Bush-era rule repealed decades-old, though not well enforced, prohibitions on mining activities within 100 feet of streams. The mining industry backs the ...

Continue reading

2Day in #OpenGov 8/1/2013

by

by Justin Lin, policy intern NEWS:

  • A bill by Sens. Richard Blumenthal (D-Conn.), Ron Wyden (D-OR), and Tom Udall (D-NM) would create an office that would argue in favor of privacy rights in the FISA (Foreign Intelligence Surveillance Act) courts. This follows a Senate Judiciary Committee hearing with several officials from the Obama administration and former judges. In addition, the three senators will be introducing another bill to change the way FISA judges are appointed. (The Hill)
  • Gun control groups and gun rights groups have been raising a lot of money in the first half of the year. Gun control groups started by New York Mayor Michael Bloomberg and former Rep. Gabrielle Giffords have raised over $8.6 million in the first half of 2013. However, gun rights groups have raised quite a lot as well, with the NRA raking in $7.1 million in the first half of the year, up from $4.8 million at this point last year. (Public Integrity)
  • Republican Senators Rand Paul, Ted Cruz, and Mike Lee gave speeches to a group of 300 college students, which was received with great fervor. The three gave speeches that attacked certain members of the Republican establishment or of the establishment as a whole, with many students calling on Paul to run for president as he gave his closing remarks. (Politico)
  • Usually August is quieter for Congress and both political parties, but Democrats are using August to target many Republicans at their events. Hold them Accountable, a progressive organization, has encouraged their members to show up at local events to talk to these Republicans. Another group, Organizing for Action, was personally encouraged by Obama to be active during the August recess. (Washington Times)
  • The deal between Republicans and Democrats regarding the confirmation process nearly fell apart when Sen. Lisa Murkowski (R-AL) initially voted no to end the filibuster of Obama's nomination of the Bureau of Alcohol, Tobacco, Firearms, and Explosives. However, Majority Leader Harry Reid and Sen. Susan Collins (R- Maine) were able to convince Murkowski to change her vote to end debate. (New York Times)

Continue reading

What Have they Got to Hide? Lawmakers Should Allow Meetings with Lobbyists to be Disclosed

by

The sign for K Street, NW in DC - the home of lobbying in America.Recently, my colleague Lee Drutman concluded that banks met with regulators at the Federal Reserve, Treasury and the Commodities Futures Trading Commission more than five times as often as reform-minded consumer groups in the past two years.  His analysis provides a valuable tool for the media, academics and the public to better understand who is trying to shape financial industry regulations. His conclusions, and the follow up questions that can now be asked (Did the banks get what they wanted? Are consumers’ interests being served?) are only possible because the agencies posted information about the meetings online. Which begs the question: If the regulators can provide information about who is trying to influence the regulations they write, why doesn’t the public have access to similar information about meetings Members of Congress or their staff have with lobbyists?

Continue reading

Senate incumbents already seeing an uptick in campaign cash

by

A little more than a year before the next round of congressional elections, at least 25 Senate incumbents and challengers have raised $1 million or more for their campaign war chests, second quarter reports now available at the Federal Election Commission show.

The filings are a testament to the power of incumbency: All but one of the 25 members of the million-dollar club are either incumbent senators or House members seeking a promotion to the upper chamber of Congress.

At the top of the heap are two early-bird candidates: Sen. Ed Markey, D-Mass., who just won a special election to ...

Continue reading

CFC (Combined Federal Campaign) Today 59063

Charity Navigator