Search Results

Small Business Administration Microloan Program
This report discusses the Small Business Administration's (SBA) microloan program. It describes the Microloan program's eligibility standards and operating requirements for lenders and borrowers and examines the arguments presented by the program's critics and advocates. It also examines changes to the program authorized by P.L. 111-240, the Small Business Jobs Act of 2010 and several bills introduced during the 114th and 115th Congresses.
Small Business Administration (SBA) Funding: Overview and Recent Trends
This report examines the Small Business Administration's (SBA's) appropriations (new budget authority, minus rescissions and sequestration) over time, focusing on developments and trends since FY2000.
The Buy American Act in Brief: Preferences for "Domestic" Supplies and Construction Materials in Federal Procurements
This report discusses the Buy American Act of 1933, which is the earliest and arguably the best known of various statutes regarding federal procurement of domestic products.
Economic Downturns and Crime
This report examines the relationships between selected variables of economic strength and crime. It begins with an overview of crime rates during times of economic recession in the United States. It then reviews the existing literature in the field analyzing various data sets that examine whether the unemployment rate and foreclosures can be related to increases in the national crime rate.
Long-Term Unemployment and Recessions
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 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).
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report discusses the Trade Adjustment Assistance (TAA) programs, which were authorized by Congress in the Trade Expansion Act of 1962 to help workers and firms adjust to import competition and dislocation caused by trade liberalization. It provides information about TAAF program and policy issues, as well as legislation to reauthorize the TAAF program.
Protection of Trade Secrets: Overview of Current Law and Legislation
This report starts out with background information regarding trade secrets and an overview of current legal landscape for trade secret protection.
International Corporate Tax Rate Comparisons and Policy Implications
This report focuses on the global issues relating to tax rate differentials between the United States and other countries. It provides tax rate comparisons; discusses policy implications, including the effect of a corporate rate cut on revenue, output, and national welfare; and discusses the outlook for and consequences of a revenue neutral corporate tax reform.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report discusses the Trade Adjustment Assistance for Firms (TAAF) program, which provides technical assistance to trade affected firms to help them develop strategies to remain competitive in a dynamic international economy.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
This report discusses the Trade Adjustment Assistance for Firms (TAAF) program and policy issues, as well as legislation to reauthorize the TAAF program. It provides technical assistance to help trade-impacted firms make strategic adjustments to improve their global competitiveness.
Job Loss and Infrastructure Job Creation Spending During the Recession
This report takes an in-depth look at job creation estimates, including the limitations of the methodology often used to derive them and the difficulties associated with developing job estimates for green infrastructure in particular. The report views these topics in the context of the 2007-2008 recession and its aftermath. The report closes with a review of what is known to date about the number of jobs supported by infrastructure spending and other provisions in the American Recovery and Reinvestment Act (ARRA, P.L. 111-5).
Job Loss and Infrastructure Job Creation Spending During the Recession
This report takes an in-depth look at job creation estimates, including the limitations of the methodology often used to derive them and the difficulties associated with developing job estimates for green infrastructure in particular. The report views these topics in the context of the 2007-2008 recession and its aftermath. The report closes with a review of what is known to date about the number of jobs supported by infrastructure spending and other provisions in the American Recovery and Reinvestment Act (ARRA, P.L. 111-5).
Job Loss and Infrastructure Job Creation Spending During the Recession
This report takes an in-depth look at job creation estimates, including the limitations of the methodology often used to derive them and the difficulties associated with developing job estimates for green infrastructure in particular. The report views these topics in the context of the 2007-2008 recession and its aftermath.
Distribution of Small Business Ownership and Income by Individual Tax Rates and Selected Policy Issues
This report examines how small business owners may be affected by tax increases by exploring what is known about the share of small business owners and of small business income that is subject to the top two marginal income tax rates.
U.S. Direct Investment Abroad: Trends and Current Issues
This report discusses the United States direct investment in other countries through many multinational corporations. Tables showing the rates of investment in various countries by U.S. companies and discussion of the economic effects of the practice on the U.S. job market are included.
U.S. Beef: It's What's for China
This report discusses the opening of the Chinese market to U.S. beef imports under certain restrictions. The negotiation process and conditions of the agreement and China's current largest beef import partners are also discussed.
Who Earns Pass-Through Business Income? An Analysis of Individual Tax Return Data
This report analyzes individual tax return data to determine who earns pass-through business income which is from sole proprietorships, partnerships, and S corporations. The analysis finds that in 2011 over 82% of net pass-through income was earned by individuals with an adjusted gross income (AGI) over $100,000, although these taxpayers accounted for just 23% of individual returns with pass-through income. Who earns pass-through income may have important implications for tax reform.
Small Business Administration 7(a) Loan Guaranty Program
This report discusses the rationale provided for the 7(a) program; the program's borrower and lender eligibility standards and program requirements; and program statistics, including loan volume, loss rates, use of proceeds, borrower satisfaction, and borrower demographics. It also examines issues raised concerning the SBA's administration of the 7(a) program, including the oversight of 7(a) lenders and the program's lack of outcome-based performance measures. The report also surveys congressional and presidential actions taken in recent years to enhance small businesses' access to capital. The Appendix to this report provides a brief description of the 7(a) program's SBAExpress, Export Express, and Community Advantage programs.
Who Earns Pass-Through Business Income? An Analysis of Individual Tax Return Data
This report uses nationally representative sample of tax returns to analyze individual tax return data to determine who earns pass-through business income and bears the burden of taxes on that income.
GAO Bid Protests: An Overview of Time Frames and Procedures
This report provides an overview of the time frames and procedures in a Government Accountability Office (GAO) bid protest, including (1) what issues can be protested with GAO; (2) who can file or be a party to a GAO protest; (3) the procedures for bringing and resolving GAO protests; (4) the time frames involved in GAO protests; (5) the automatic stay of contract award or performance triggered by a GAO protest, as well as the basis for agency overrides of automatic stays and judicial review of agency override determinations; (6) the basis and effects of GAO decisions; and (7) reconsideration and “appeal” of GAO decisions.
NAFTA Renegotiation and Modernization
This report provides a brief overview of NAFTA and the role of Congress in the renegotiation process; it discusses key issues related to the negotiations. It also provides a discussion of policy implications for Congress going forward.
GAO Bid Protests: An Overview of Time Frames and Procedures
This report provides an overview of the time frames and procedures in a Government Accountability Office (GAO) bid protest, including (1) what issues can be protested with GAO; (2) who can file or be a party to a GAO protest; (3) the procedures for bringing and resolving GAO protests; (4) the time frames involved in GAO protests; (5) the automatic stay of contract award or performance triggered by a GAO protest, as well as the basis for agency overrides of automatic stays and judicial review of agency override determinations; (6) the basis and effects of GAO decisions; and (7) reconsideration and "appeal" of GAO decisions.
The Bayh-Dole Act: Selected Issues in Patent Policy and the Commercialization of Technology
This report is about the Baby-Dole Act: Selected issues in Patent Policy and the Commercialization of Technology.
Grants Work in a Congressional Office
This report provides information about the Grants Work in a Congressional Office. An internal grant manual is a valuable tool for grants staff to develop. It can also outline office proceedings and policies.
Current Issues in Patentable Subject Matter: Business Methods, Tax Planning Methods, and Genetic Materials
This report provides information about the Current Issues in Patentable Subject Matter and its Business Methods, Tax Planning Methods, and Genetic Materials. The patent statute currently provides that patent can be obtained on any invention that is a process, the machine, etc.
The Independent Payment Advisory Board
This report which provides an overview of the Board, begins with a discussion of the rationale behind the creation of an independent Medicare board and briefly reviews prior proposals for similar boards and commissions.
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy
A look at 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. Issues regards to this are typical post-war recessions, insufficient pace of private spending, and long-term debt problem.
Legal Authorities Governing Federal Contracting and Subcontracting with Small Businesses
Congress has generally broad authority to impose requirements upon the federal procurement process, or the process whereby agencies obtain goods and services from the private sector. One of the many ways in which Congress has exercised this authority is by enacting measures intended to promote contracting and subcontracting with "small businesses" by federal agencies.
GAO Bid Protests: Trends and Analysis
This report is one of two providing Congress with background on the GAO bid-protest process. It analyzes trends in bid protests filed with GAO, why companies protest, the impact bid protests have on acquisitions, the most common grounds for GAO to sustain a protest, and trends in bid protests filed against DOD.
Trade Adjustment Assistance for Firms: Economic, Program, and Policy Issues
As global economic competition heightens, many firms and workers face difficult adjustment problems. Congress has responded to these adjustment costs by authorizing four trade adjustment assistance (TAA) programs to assist trade-impacted workers, firms, farmers, and communities. This report discusses the TAA program for firms (TAAF). The TAAF program provides technical assistance to trade-affected firms to help them develop strategies and make other adjustments to remain competitive in the changing international economy.
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy
This report looks at 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. Issues include typical post-war recessions, insufficient pace of private spending, and the long-term debt problem.
Extending Unemployment Compensation Benefits During Recessions
This report describes the history of temporary federal extensions to unemployment benefits from 1980 to the present. It has five sections which discuss: [1] background information on unemployment compensation (UC) benefits, [2] a definition of a recession and the process of declaring a recession, [3] a summary of the legislative history of federal extensions of unemployment benefits, [4] figures examining the statistics of recessions, and [5] previous methods for financing temporary recession programs.
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy
This report looks at 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. Issues include typical post-war recessions, insufficient pace of private spending, and the long-term debt problem.
Tariff Modifications: Miscellaneous Tariff Bills
Importers often request that Members of Congress introduce bills seeking to suspend or reduce tariffs on certain imports on their behalf. This report discusses the current process by which duty suspension bills and other provisions are introduced, reviewed by several government agencies and committee staff, made available for public comment, and finally included in omnibus miscellaneous trade and technical corrections bills (MTB) legislation reported out by the committees of jurisdiction.
The Power to Regulate Commerce: Limits on Congressional Power
This report discusses the Commerce Clause of the United States Constitution, which provides that the Congress shall have the power to regulate interstate and foreign commerce.
The U.S. Wine Industry and Selected Trade Issues with the European Union
This report provides an overview of issues pertaining to the U.S. wine industry within ongoing U.S. trade negotiations in the proposed Trans-Pacific Partnership (TPP) and the proposed Transatlantic Trade and Investment Partnership (TTIP).
Industrial Competitiveness and Technological Advancement: Debate Over Government Policy
Report that covers legislative activity in the past and present regarding private-sector technological development. It also looks at the future of Congressional action towards mandated specific technology development.
Responsibility Determinations Under the Federal Acquisition Regulation: Legal Standards and Procedures
This report discusses the standards and procedures that federal agencies use in making responsibility determinations under the Federal Acquisition Regulation (FAR). It discusses (1) how responsibility determinations relate to other mechanisms that the government relies upon to ensure that contractors are responsible and otherwise eligible for federal contracts; (2) the performance-related and collateral standards used in making responsibility determinations; (3) the procedures for making responsibility determinations; and (4) recently enacted or proposed amendments to the standards or procedures for responsibility determinations.
The Committee on Foreign Investment in the United States (CFIUS)
This report discusses the Committee on Foreign Investment in the United States (CFIUS) which is a presidential advisory body consisting of nine cabinet members, two ex officio members, and other members appointed by the President to oversee direct investments by foreign countries in the United States. It discusses the basics of the committee's operations and laws governing their conduct and power, presidential blocks of investment, previous reforms to the original law governing the committee and its actions and current propositions in Congress to further amend the laws regarding the committe.
Multilateral Development Banks: Overview and Issues for Congress
This report provides an overview of Multilateral Development Banks (MDBs) and highlights major issues for Congress. The first section discusses how the MDBs operate, and the second section discusses the role of Congress in the MDBs.
“Amazon” Laws and Taxation of Internet Sales: Constitutional Analysis
This report covers ways in which states are attempting to capture taxes on Internet sales. Two basic approaches include imposing tax collection responsibilities on the retailer, and requiring remote sellers to provide tax information to the state and/or it's customers. This report covers the legality of both options.
GAO Bid Protests: An Overview of Timeframes and Procedures
This report is one of two providing Congress with background on the Government Accountability Office (GAO) bid-protest process. It provides an overview of the timeframes and procedures in a GAO bid protest, including several issues enumerated in the report's introduction.
Japan’s 2011 Earthquake and Tsunami: Economic Effects and Implications for the United States
This report presents data regarding the persons killed, missing, and buildings totally or partially damaged after the disaster in Japan. The report discusses the economic impact the disaster had on Japan and the impact on U.S. imports from and exports to Japan.
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.
Research Tax Credit: Current Law and Policy Issues for the 114th Congress
Technological innovation is a primary engine of long-term economic growth, and research and development (R&D) serves as the lifeblood of innovation. The federal government encourages businesses to invest more in R&D than they otherwise would in several ways, including a tax credit for increases in spending on qualified research above a base amount. This report describes the current status of the credit, summarizes its legislative history, discusses policy issues it raises, and describes legislation to modify and extend it.
Small Business: Access to Capital and Job Creation
The Small Business Administration’s (SBA) authorization is due to expire on September 30, 2010. The SBA administers several programs to support small businesses, including loan guarantees to help small businesses gain access to capital. This report addresses a core issue facing Congress during the SBA’s reauthorization process: what, if any, additional action should the federal government take to enhance small business access to capital?
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. §2533a) requiring the Department of Defense (DOD) to purchase only wholly American-made clothing, textiles, and other essential items for the military.
U.S. Manufacturing in International Perspective
This report is designed to inform the debate over the health of U.S. manufacturing through a series of charts and tables that depict the position of the United States relative to other countries according to various metrics. This report does not describe or discuss specific policy options.
SBA Veterans Assistance Programs :An Analysis of Contemporary Issues
This report opens with an examination of the economic circumstances of veteran-owned businesses drawn from the Bureau of the Census's 2012 Survey of Business Owners (SBO). It then provides a brief overview of veterans' employment experiences. The report also describes the employment assistance programs offered by several federal agencies to assist veterans in their transition from the military to the civilian labor force. It also discusses the SBA's Military Reservist Economic Injury Disaster Loan program and P.L. 114-38, the Veterans Entrepreneurship Act of 2015.
Causes of the Financial Crisis
The financial crisis that began in 2007 spread and gathered intensity in 2008, despite the efforts of central banks and regulators to restore calm. By early 2009, the financial system and the global economy appeared to be locked in a descending spiral, and the primary focus of policy became the prevention of a prolonged downturn on the order of the Great Depression. This report sets out in tabular form a number of the factors that have been identified as causes of the crisis. The left column of Table 1 below summarizes the causal role of each such factor. The next column presents a brief rejoinder to that argument. The right-hand column contains a reference for further reading.
Back to Top of Screen