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General Motors' Initial Public Offering: Review of Issues and Implications for TARP
This report analyzes the progress General Motors Company has made since it was created from the sale of the bankrupt Old GM in July 2009 and the major issues related to its anticipated 2010 initial public offering (IPO).
Defining Small Business: A Historical Analysis of Contemporary Issues
This report provides a historical examination of the SBA's size standards, assesses competing views concerning how to define a small business, and discusses how the alternative size standards adopted under the Small Business Jobs Act of 2010 might affect program eligibility.
Legal Protections for Subcontractors on Federal Prime Contracts
This report provides an overview of the payment and other protections for subcontractors on certain federal prime contracts under the Miller Act, the 1988 amendments to the Prompt Payment Act, and the Small Business Act.
Small Business Administration HUBZone Program
This report discusses the Historically Underutilized Business Zone Empowerment Contracting (HUBZone), program and examines arguments both for and against targeting assistance to geographic areas with specified characteristics as opposed to providing assistance to people or businesses with specified characteristics. It then assesses the arguments both for and against the continuation of the HUBZone program. The report also discusses the HUBZone program's structure and operation, focusing on the definition of HUBZone areas and HUBZone small businesses and the program's performance relative to federal contracting goals. It includes an analysis of the SBA's administration of the program and the SBA's performance measures.
Supervision of U.S. Payment, Clearing, and Settlement Systems: Designation of Financial Market Utilities (FMUs)
This report outlines the changes to the supervision of key market infrastructure that are embodied in the Dodd-Frank Act. It is intended to be used as a reference for those interested in the financial system's "plumbing," and how the associated systems are currently overseen and regulated.
SBA Veterans Assistance Programs: An Analysis of Contemporary Issues
This report provides an overview of U.S. Small Business Administration (SBA) programs to provide training and other assistants to veterans seeking civilian employment. It includes sections discussing SBA programs, an economic profile of veteran-owned businesses, veterans' employment and business development programs, veterans' access to capital, federal contracting goals for service-disabled veteran-owned small businesses, and the military reservist economic injury disaster loan program.
Athletic Footwear for the Military: The Berry Amendment Controversy
This report briefly examines issues regarding the Berry Amendment, which is a 1941 federal law (10 U.S.C. ยง2533a) requiring the Department of Defense (DOD) to purchase only wholly American-made clothing, textiles, and other essential items for the military.
The Proposed AT&T/T-Mobile Merger: Would It Create a Virtuous Cycle or a Vicious Cycle?
This report discusses the pros and cons of a proposed AT&T and T-Mobile merger. The largest con would be that the merged company would have over 70% of the cell phone market share. The largest pro would be that a merged company would be able to provide better service to its customers. The report also gives a brief overview of the mobile phone industry as a whole.
Cybersecurity Issues for the Bulk Power System
This report provides information about the Cybersecurity Issues for the Bulk Power System . The cybersecurity of the electricity grid has been a focus of recent efforts to protect the integrity of the electric power system.
DOD Leases of Foreign-Built Ships: Background for Congress
This report briefly discusses the Department of Defense leasing foreign-built ships, the opponents of this practice, and related legislation.
The Debt Limit: History and Recent Increases
This report gives an historical overview of debt limits, discusses how the total debt of the federal government can increase and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Venezuela's Economic Crisis: Issues for Congress
This report discusses the economic crisis in Venezuela including its origins of the crisis and current attempts at debt restructuring by the Venezuelan government. The report also outlines U.S. interests in the Venezuelan economy and trade, the outlook for U.S. holders of Venezuelan oil company bonds, ownership of CITGO (the biggest shareholder is the Venezuelan state-oil company), and the prospects of U.S. support of economic recovery in the future.
Running Deficits: Positives and Pitfalls
This report discusses how deficit finance can help governments manage their economies and how large and persistent deficits can lead to severe economic problems.
Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data
The impact of foreign direct investment on U.S. employment is provoking a national debate regarding U.S. job creation versus outsourcing. Many economists argue that there is little evidence to support the notion that the overseas investment activities of U.S. multinational companies play a significant role in the rate at which jobs are created in the U.S. economy. They argue that the source of job creation in the economy is rooted in the combination of macroeconomic policies the nation has chosen, the rate of productivity growth, and the availability of resources. This report addresses these issues by analyzing the extent of direct investment into and out of the economy, the role such investment plays in U.S. trade, jobs, and production, and the relationship between direct investment and the broader economic changes that are occurring in the U.S. economy.
The United Arab Emirates (UAE): Issues for U.S. Policy
This report describes the open economy and society of the United Arab Emirates (UAE), as well as U.S. concern over proliferation of advanced technology due to said open economy and the UAE's lax export controls. This report describes these issues in relation to a recently-signed U.S.-UAE civilian nuclear agreement. It also provides a general description of the UAE's government and political structure, as well as the effects of the recent global economic downturn on the UAE in general and on the city of Dubai in particular.
Alternative Fuel and Advanced Vehicle Technology Incentives: A Summary of Federal Programs
This report is a Summary of Federal Programs of Alternative Fuel and Advanced Vehicle Technology Incentives.
Competition in Federal Contracting: An Overview of the Legal Requirements
This report describes the competition requirements currently governing the procurement activities of federal agencies. It addresses several issues, including what contracts are subject to competition requirements, what constitutes full and open competition for government contracts, and the circumstances permitting agencies to award contracts on the basis of other than full and open competition. It also briefly describes the benefits and drawbacks of competition, situates recent reform efforts within their historical context, and discusses how the policy debates surrounding competition in federal contracting can shape legislative responses.
NATO Common Funds Burdensharing: Background and Current Issues
This report discusses North Atlantic Treaty Organization (NATO) burdensharing--the funding, via individual contributions from NATO member states, of certain commonly conducted activities. The report discusses how each NATO member state's contribution is negotiated, and how member states are reconsidering their defense budgets (and, thereby, their willingness and ability to contribute to NATO operations) in light of the global financial crisis.
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