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 Collection: Congressional Research Service Reports
Social Security Administration: Administrative Budget Issues

Social Security Administration: Administrative Budget Issues

Date: August 20, 2009
Creator: Scott, Christine
Description: The Social Security Administration (SSA) administers the Social Security program (Old-Age, Survivors and Disability Insurance, or OASDI) and the Supplemental Security Income (SSI) program, and provides administrative support to Medicare and several other federal programs. Total SSA spending in FY2008 was about $658 billion, about 99% of which was mandatory spending on benefit payments. This report focuses on SSA’s administrative spending, which is discretionary and amounts to about 1% of SSA’s total spending. This funding is provided in the Labor, Health and Human Services, Education, and Related Agencies appropriations bill.
Contributing Partner: UNT Libraries Government Documents Department
Social Security Administration: Administrative Budget Issues

Social Security Administration: Administrative Budget Issues

Date: May 18, 2009
Creator: Romig, Kathleen
Description: The Social Security Administration (SSA) administers the Social Security program (Old-Age, Survivors and Disability Insurance, or OASDI) and the Supplemental Security Income (SSI) program, and provides administrative support to Medicare and several other federal programs. Total SSA spending in FY2008 was about $658 billion, about 99% of which was mandatory spending on benefit payments. This report focuses on SSA’s administrative spending, which is discretionary and amounts to about 1% of SSA’s total spending. This funding is provided in the Labor, Health and Human Services, Education, and Related Agencies appropriations bill.
Contributing Partner: UNT Libraries Government Documents Department
Social Security Administration: Administrative Budget Issues

Social Security Administration: Administrative Budget Issues

Date: May 27, 2008
Creator: Romig, Kathleen
Description: The Social Security Administration (SSA) administers the Social Security program (Old-Age, Survivors and Disability Insurance, or OASDI) and the Supplemental Security Income (SSI) program, and provides administrative support to Medicare and several other federal programs. Total SSA spending in FY2007 was about $624 billion, about 99% of which was mandatory spending on benefit payments. This report focuses on SSA’s spending for administrative expenses, which is discretionary and amounts to about 1% of SSA’s total spending. This funding is provided in the Labor, Health and Human Services, Education, and Related Agencies appropriations bill.
Contributing Partner: UNT Libraries Government Documents Department
Social Security Administration: Administrative Budget Issues

Social Security Administration: Administrative Budget Issues

Date: June 13, 2007
Creator: Romig, Kathleen
Description: The Social Security Administration (SSA) administers the Social Security program (Old-Age, Survivors and Disability Insurance, or OASDI) and the Supplemental Security Income (SSI) program, and provides administrative support to Medicare and several other federal programs. Total SSA spending in FY2006 was about $597 billion, 98% of which was mandatory spending on benefit payments. This report focuses on SSA’s spending for administrative expenses, which is discretionary and amounts to 2% of SSA’s total spending. This funding is provided in the Labor, Health and Human Services, Education, and Related Agencies appropriations bill.
Contributing Partner: UNT Libraries Government Documents Department
Iceland's Financial Crisis

Iceland's Financial Crisis

Date: March 11, 2010
Creator: Jackson, James K.
Description: This report discusses the banking collapse in Iceland. Iceland's banking system had collapsed as a result of a culmination of a series of decisions the banks made that left them highly exposed to disruptions in financial markets. The collapse of the banks raised questions for U.S. leaders and others about supervising banks that operate across national borders, especially as it has become increasingly difficult to distinguish the limits of domestic financial markets.
Contributing Partner: UNT Libraries Government Documents Department
Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Date: September 24, 2010
Creator: Hornbeck, J. F.
Description: In December 2001, following an extended period of economic and political instability, Argentina suffered a severe financial crisis, leading to the largest default on sovereign debt in history. This report discusses efforts Argentina has made over the past decade, since that financial crisis, to restructure its debt. The report also includes discussion of the Argentine 2010 Bond Exchange and an outlook of Argentina's economic future.
Contributing Partner: UNT Libraries Government Documents Department
The Global Financial Crisis: Analysis and Policy Implications

The Global Financial Crisis: Analysis and Policy Implications

Date: July 2, 2009
Creator: Nanto, Dick K.
Description: The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The process for coping with the crisis by countries across the globe has been manifest in four basic phases. The first has been intervention to contain the contagion and restore confidence in the system. The second has been coping with the secondary effects of the crisis, particularly the global recession and flight of capital from countries in emerging markets and elsewhere that have been affected by the crisis. The third phase of this process is to make changes in the financial system to reduce risk and prevent future crises. The fourth phase of the process is dealing with political, social, and security effects of the financial turmoil. The role for Congress in this financial crisis is multifaceted. This report describes this role, as well as the financial crisis in general, in detail.
Contributing Partner: UNT Libraries Government Documents Department
Hedge Funds: Should They Be Regulated?

Hedge Funds: Should They Be Regulated?

Date: July 2, 2007
Creator: Jickling, Mark
Description: In view of the growing impact of hedge funds on a variety of financial markets, the Securities and Exchange Commission (SEC) in October 2004 adopted a regulation that requires hedge funds to register as investment advisers, disclose basic information about their operations, and open their books for inspection. The regulation took effect in February 2006, but on June 23, 2006, a court challenge was upheld and the rule was vacated. S. 1402 and H.R. 2586 would reinstate the SEC's authority. H.R. 2683 would require defined benefit pension plans to disclose investments in hedge funds. In December 2006, the SEC proposed raising the "accredited investor" standard - to be permitted to invest in hedge funds, an investor would need $2.5 million in assets, instead of $1 million.
Contributing Partner: UNT Libraries Government Documents Department
The Abandoned Mine Land Fund: Grants Distribution and Issues

The Abandoned Mine Land Fund: Grants Distribution and Issues

Date: March 26, 1997
Creator: Bamberger, Robert L.
Description: The Surface Mining Control and Reclamation Act (SMCRA, P.L. 95-87), enacted in 1977, established reclamation standards for all coal surface mining operations, and for the surface effects of underground mining. It also established the Abandoned Mine Land (AML) program to promote the reclamation of sites mined and abandoned prior to the enactment of SMCRA. To finance reclamation of abandoned mine sites, the legislation established fees on coal production. These collections are divided into federal and state shares; subject to annual appropriation, AML funds are distributed annually to states with approved reclamation programs. This report describes the distribution of these funds and the various issues that arise from said distribution.
Contributing Partner: UNT Libraries Government Documents Department
Effects of Flat Taxes and Other Proposals on Housing: An Overview

Effects of Flat Taxes and Other Proposals on Housing: An Overview

Date: June 17, 1996
Creator: Gravelle, Jane G
Description: Studies have estimated that some of these revisions would cause a decline in demand for houses and significant reduction in house prices--perhaps in excess of 15 percent. These studies, however, presumed a fixed supply of housing; even a limited supply response would greatly decrease predicted asset price effects. Supply response is likely to be large in the long run and not insignificant in the short run. Effects on housing demand might also be mitigated by increases in savings rates and lower interest rates. Thus, effects of the flat tax on housing prices are likely to be limited in the short run and very small in the long run. Rental housing demand, on the other hand, would be encouraged with a shift to a consumption tax base.
Contributing Partner: UNT Libraries Government Documents Department