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Monetary Policy: Current Policy and Conditions
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Monetary Policy: Current Policy and Conditions
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Monetary Policy: Current Policy and Conditions
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Monetary Policy: Current Policy and Conditions
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Monetary Policy: Current Policy and Conditions
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Monetary Policy: Current Policy and Conditions
This report discusses monetary policy, which can also be defined in terms of the directives, policies, statements, and actions of the Federal Reserve, particularly those from its Board of Governors that have an effect on aggregate demand or national spending.
Monetary Policy: Current Policy and Conditions
This report discusses monetary policy, which can also be defined in terms of the directives, policies, statements, and actions of the Federal Reserve, particularly those from its Board of Governors that have an effect on aggregate demand or national spending.
Monetary Policy: Current Policy and Conditions
This report discusses monetary policy, which can also be defined in terms of the directives, policies, statements, and actions of the Federal Reserve, particularly those from its Board of Governors that have an effect on aggregate demand or national spending.
Monetary Policy: Current Policy and Conditions
This report discusses monetary policy, which can also be defined in terms of the directives, policies, statements, and actions of the Federal Reserve, particularly those from its Board of Governors that have an effect on aggregate demand or national spending.
A Summary of Prevailing Views on the Sources of Inflation
It is the purpose of this paper to present the range of viewpoints concerning the causes of inflation. Inflation is defined and distinguished from changes' in relative prices. The Monetarist, Post-Keynesian, and neo-Keynesian positions are discussed to illustrate the variety of perceptions as to the sources of sustained increases in the general price level.
Economic Aspects of Reduced Defense Spending, 1960-1970: A Selected Bibliography Arranged Chronologically
This report provides a bibliography of resources related to the economic effects of decreased defense spending which were published between 1960 and 1970.
Economic Effects of the Minimum Wage with Emphasis on the Fair Labor Standards Act of 1938: References, 1937-1970
This report provides a bibliography of resources related to the economic effects of minimum wage legislation which were published between 1937 and 1970.
The American Community Survey: Development, Implementation, and Issues for Congress
Report that discusses the American Community Survey (ACS) and the gathering of detailed socioeconomic and housing data from a representative population sample in conjunction with the once-a-decade count of the population of the United States.
Monetary Policy and the Federal Reserve: Current Policy and Conditions
This report discusses U.S. monetary policy and the Federal Reserve. It provides an overview of monetary policy and recent developments, a summary of the Fed's actions following the financial crisis, and ends with a brief overview of the Fed's regulatory responsibilities.
Acquisition Services Reorganization at the General Services Administration
This report discusses the reorganization of the General Services Administration (GSA) after the GSA's Inspector General discovered that funds were acquired in a manner not consistent with congressionally authorized procedures. Congressional approval was required for this reorganization due to the replacement of the congressionally authorized fund with a new one.
Negative Interest Rates
In a few foreign economies, including the euro area, Switzerland, and Japan, central banks have purposely set some short-term interest rates used to carry out monetary policy at negative levels. This report briefly discusses the reasons behind this phenomenon.
Financial Regulation: The Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155)
This report discusses the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) which was reported by the Senate Committee on Banking, Housing, and Urban Affairs on December 18, 2017. The bill generally aims to provide regulatory relief to banks, relax mortgage lending rules, and provide additional consumer protections related to credit reporting and other areas. This report briefly highlights major policy proposals.
U.S. Trade Deficit and the Impact of Changing Oil Prices
This report provides an estimate of the initial impact of changing oil prices on the United States's merchandise trade balance.
The Section 179 and Section 168 (k) Expensing Allowances: Current Law and Economic Effects
This report examines the current status, legislative history, and main economic effects (including their efficacy as a tool for economic stimulus) of the Section 179 and bonus depreciation allowances.
Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) and House Legislation: Common Issue Areas
This report discusses the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) and compares its provisions with sections of bills passed in the House that proposed similar or identical changes to the law.
Bonus Depreciation: Economic and Budgetary Issues
This report discusses bonus depreciation as either a temporary stimulus provision or a permanent part of the tax code.
A Guide to Describing the Income Distribution
This report provides descriptive analysis of the U.S. income distribution to illustrate various concepts. First, it examines the complexities of income measurement and important definitional and data considerations to bear in mind when using and interpreting income statistics. Next, it describes two popular data sources used to study the U.S. income distribution, followed by sections on statistics commonly used to provide point-in-time analysis and to compare U.S. income across groups, time, and location. The report concludes with an explanation of the Gini index.
The Future of U.S. Trade Policy: An Analysis of Issues and Options for the 111th Congress
This report provides analysis of U.S. trade policy including factors that make up the current economic and political climate, grade issues, the depate over U.S. trade policy. It concludes with an examination of some of the options available to Congress and the pros and cons of each.
The Depreciating Dollar: Economic Effects and Policy Response
This report addresses the concern about the health of the U.S. economy regarding the depreciation of the dollar and examines the likely reasons for the dollar's fall, the effects the depreciating currency could have on the economy, and possible policy responses that could be considered to attempt to alter the dollar's path if needed.
Terrorism Risk Insurance: Issue Analysis and Overview of Current Program
This report discusses the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA created a temporary three-year Terrorism Insurance Program in which the government would share some of the losses with private insurers should a foreign terrorist attack occur.
An Analysis of the Distribution of Wealth Across Households, 1989-2010
The distribution of wealth (net worth) across households has been an underlying consideration in congressional deliberations on various issues, including taxation and social welfare. This report analyzes the change over time in the concentration of net worth (assets minus liabilities) to help inform those policy deliberations.
The New Economic Policy
This report outlines Nixon's "new economic policy", a policy created to combat high unemployment rates and inflation at the time, and to re-situate the United States place in the global trade economy.
The U.S. Trade Deficit: An Overview
This report provides an overview of the U.S. trade deficit, which is the numerical difference between a country's exports and imports of goods and services. Topics include the source of the trade deficit, trade agreements, unemployment, and issues for Congress.
The United States Balance of Payments,1968-1972: Selected References
This report provides a bibliography of resources related to the United States's balance of payments between 1968 and 1972.
Legislative Branch: FY2013 Appropriations
The legislative branch appropriations bill provides funding for the Senate; House of Representatives; Joint Items; Capitol Police; Office of Compliance; Congressional Budget Office; Architect of the Capitol; Library of Congress, including the Congressional Research Service; Government Printing Office; Government Accountability Office; and Open World Leadership Center. The legislative branch FY2013 budget request of $4.512 billion, which is submitted to the President by the legislative branch agencies and entities and included in the budget without change, was submitted to Congress on February 13, 2012. The request represents an increase of $205.5 million over the $4.307 billion in discretionary funding provided in Division G of the FY2012 Consolidated Appropriations Act, which was enacted on December 23, 2011.
The New Economic Paradigm: Is It New and Is It a Paradigm?
How fast the economy can grow is of interest to Congress for at least three reasons. First, it directly affects the fiscal position of the government. Second, it influences the posture that should be taken by monetary policy, an oversight responsibility of Congress. Third, it influences the growth in the material well-being of Americans, a direct concern of Congress.
Legislative Branch: FY2011 Appropriations
This report discusses budgetary issues of the legislative branch of the U.S. government during Fiscal Year 2011.
The Size and Role of Government: Economic Issues
he appropriate size and role of the government is one of the most fundamental and enduring debates in American politics. What role does the state play in economic activity? How is the economy affected by government intervention? Many of the arguments surrounding the proper size of government are economic in nature, and these are discussed in this report.
Deflation: Economic Significance, Current Risk, and Policy Responses
Despite the severity of the recent financial crisis and recession, the U.S. economy has so far avoided falling into a deflationary spiral. This report discusses the current risk of deflation in the U.S. and relevant policy responses.
Economics and National Security: Issues and Implications for U.S. Policy
This report examines how disparate parts of the U.S. economy affect the security of the nation. Security is achieved not only by military means but by the whole of the American economy.
The Bush Tax Cuts and the Economy
This report examines the Bush tax cuts within the context of the current and long-term economic and budgetary environment.
American Recovery and Reinvestment Act of 2009 (ARRA, P.L. 111-5): Title V, Medicaid Provisions
In addition to reducing some taxes and funding infrastructure projects, American Recovery and Reinvestment Act of 2009 (ARRA) provisions were designed to provide: temporary support to families and individuals by increasing unemployment compensation benefits; financial assistance for individuals to maintain their health coverage under provisions in the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA); temporary increases in Medicaid matching rates; and increases in disproportionate share hospital allotments. This report is a summary of ARRA's Medicaid provisions.
Mad Cow Disease: Agricultural Issues for Congress
This report discuses lumber imports from Canada and provides a concise historical account of the dispute, summarizes the subsidy and injury evidence, and discusses the current issues and events.
9/11 Terrorism: Global Economic Costs
The 9/11 attacks were part of Al Qaeda’s strategy to disrupt Western economies and impose both direct and secondary costs on the United States and other nations. The immediate costs were the physical damage, loss of lives and earnings, slower world economic growth, and capital losses on stock markets. Indirect costs include higher insurance and shipping fees, diversion of time and resources away from enhancing productivity to protecting and insuring property, public loss of confidence, and reduced demand for travel and tourism. In a broader sense, the 9/11 attacks led to the invasions and occupations of Afghanistan and Iraq (and the Global War on Terrorism) and perhaps emboldened terrorists to attack in Bali, Spain, Morocco, and Saudi Arabia. A policy question for Congress is how to evaluate the costs and benefits of further spending to counter terrorism and its economic impact.
U.S. Terms of Trade: Significance, Trends, and Policy
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High Interest Rates: Causes and Effects
This report describes the major market and policy forces that determine the general level of interest rates. The discussion is related to the recent economic experience of high interest rates and inflation, but may be generally applied to any economic environment.
High Interest Rates: Causes, Consequences, and Issues
This paper reviews the causes of the steep interest rate escalation since 1978 and the persistence of high rates during the recent recession and revival.
Regulation of Broadcast Indecency: Background and Legal Analysis
Report on the regulations on broadcasting, including discussions of the Golden Globe and Super Bowl Halftime incidents, current regulations, Congressional response, and more.
Merger Tactics and Public Policy
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China's Economic Rise: History, Trends, Challenges, and Implications for the United States
This report provides background on China's economic rise, describes its current economic structure, identifies the challenges China faces to maintain economic growth, and discusses the challenges, opportunities, and implications for the United States.
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy
Report examining how Congress has been proactive in helping the economy recover after the 2008-2009 recession, as well as how it can help to keep recessions at bay in the future.
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy
Report examining how Congress has been proactive in helping the economy recover after the 2008-2009 recession, as well as how it can help to keep recessions at bay in the future.
Structure and Functions of the Federal Reserve System
This report examines the structure and operations of the major components of the Federal Reserve System and provides an overview of congressional oversight activities. The report identifies the provisions of P.L. 111-203 (the Dodd-Frank Wall Street Reform and Consumer Protection Act) that affect the structure and operations of the system.
Long-Term Unemployment and Recessions
This report discusses the recession that began in the United States in December 2007 and officially ended in June 2009 and how this recession affected employment rates. This report analyzes the trend in long-term unemployment over the postwar period and offers explanations for its unusually high incidence during the most recent postwar recession. It compares the individual, job, and household characteristics of the long-term unemployed during the latest recession (2007-2009) with the long-term unemployed at the end of the two previous recessions (1990-1991 and 2001).
Economic and Fiscal Conditions in the U.S. Virgin Islands
This report discusses the fiscal and economic challenges facing the U.S. Virgin Islands (USVI) and related issues for Congress, such as: oversight of federal policies that could affect the USVI's long-term fiscal stability; further legislation that would extend or restructure long-range disaster assistance programs to mitigate those challenges and promote greater resiliency of infrastructure and public programs; and how responses to the USVI's fiscal distress could affect municipal debt markets more broadly.
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