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 Collection: Congressional Research Service Reports
Electricity Restructuring and Tax-Exempt Bonds: Economic Analysis of Legislative Proposals

Electricity Restructuring and Tax-Exempt Bonds: Economic Analysis of Legislative Proposals

Date: January 20, 2000
Creator: Zimmerman, Dennis
Description: Tax-exempt bonds reduce public power's interest cost on debt and enable it to lower the price of electricity. This subsidy makes taxpayers better off only if the private market fails to provide the correct amount of electricity. In general, the private market can provide the correct amount of electricity; in those cases when it can not, the tax-exempt bond subsidy is unlikely to correct the problem. Tax-exempt bond legislation has been consistent with this perspective that an interest subsidy for electricity production does not correct a market failure; its focus has been to prohibit the spread of subsidized public power beyond its traditional service areas.
Contributing Partner: UNT Libraries Government Documents Department
Farm Disaster Assistance

Farm Disaster Assistance

Date: December 18, 2002
Creator: Chite, Ralph M
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Farm Disaster Assistance

Farm Disaster Assistance

Date: January 21, 2003
Creator: Chite, Ralph M
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Japanese and U.S. Economic Involvement in Asia and the Pacific: Comparative Data and Analysis

Japanese and U.S. Economic Involvement in Asia and the Pacific: Comparative Data and Analysis

Date: September 27, 1994
Creator: Cronin, Richard P
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Japanese Trade Balance and Exchange Rate: Seeing Through the Numbers

Japanese Trade Balance and Exchange Rate: Seeing Through the Numbers

Date: August 3, 1995
Creator: Elwell, Craig K
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Russia's Paris Club Debt: U.S. Interests

Russia's Paris Club Debt: U.S. Interests

Date: July 18, 2000
Creator: Hardt, John P
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Highway Funding, the States, and New Air Quality Standards

Highway Funding, the States, and New Air Quality Standards

Date: June 10, 1998
Creator: Bearden, David M
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Sovereign Debt in Advanced Economies: Overview and Issues for Congress

Sovereign Debt in Advanced Economies: Overview and Issues for Congress

Date: October 28, 2013
Creator: Nelson, Rebecca M.
Description: This report discusses sovereign debt, which is also called public debt or government debt, and refers to debt incurred by governments. The first section provides background information on sovereign debt, including why governments borrow, how sovereign debt differs from private debt, why governments repay their debt (or not), and how sovereign debt is measured. The second section examines the shift of concerns over sovereign debt sustainability from emerging markets in the 1990s and 2000s to advanced economies following the global financial crisis of 2008-2009, and the challenges posed by high debt levels. The third section analyzes the different policy options governments have for lowering debt levels. It also discusses the current strategy being used by most advanced economies -- fiscal austerity -- and concerns that have been raised about its global impact. Finally, the fourth section analyzes issues of particular interest to Congress, including comparisons between U.S. and European debt levels, how efforts to reduce debt levels could impact the U.S. economy, and policy options available to Congress for engaging on this issue.
Contributing Partner: UNT Libraries Government Documents Department
Multilateral Development Banks: Overview and Issues for Congress

Multilateral Development Banks: Overview and Issues for Congress

Date: November 8, 2013
Creator: Nelson, Rebecca M.
Description: This report provides an overview of Multilateral Development Banks (MDBs) and highlights major issues for Congress. The first section discusses how the MDBs operate, including the history of the MDBs, their operations and organizational structure, and the effectiveness of MDB financial assistance. The second section discusses the role of Congress in the MDBs, including congressional legislation authorizing and appropriating U.S. contributions to the MDBs; congressional oversight; and U.S. commercial interests in the MDBs.
Contributing Partner: UNT Libraries Government Documents Department
Outer Continental Shelf: Oil and Gas Leasing and Revenue

Outer Continental Shelf: Oil and Gas Leasing and Revenue

Date: May 3, 2000
Creator: Kumins, Lawrence C
Description: None
Contributing Partner: UNT Libraries Government Documents Department