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Broadband Internet Access: Background and Issues
This is one part in the series of reports that provide a background and analysis, and most recent developments regarding broadband or high-speed Internet access. The report starts out by answering questions; what is broadband and why is it important? This report also discusses broadband technologies, the status of broadband deployment and the related policy issues, as well as the legislation in congress.
Changing the Federal Reserve's Mandate: An Economic Analysis
This report discusses a number of implementation issues surrounding an economic inflation target. These include what rate of inflation to target, what inflation measure to use, whether to set a point target or range, and what penalties to impose if a target is missed.
China's Assistance and Government- Sponsored Investment Activities in Africa, Latin America, and Southeast Asia
This report examines China's foreign assistance and government-supported, often-preferential investment ventures in three regions: Africa, Latin America (Western Hemisphere), and Southeast Asia. These activities often are collectively referred to as "economic assistance" by some analysts and in this report.
China's Economic Conditions
China’s economy continues to be a concern to U.S. policymakers. On the one hand, China’s economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on many U.S. industries. Many U.S. policymakers have argued that greater efforts should be made to pressure China to fully implement its WTO commitments and to change various economic policies deemed harmful to U.S. economic interests, such as its currency peg and its use of subsidies to support its SOEs. In addition, recent bids by Chinese state-owned firms to purchase various U.S. firms have raised concerns among Members over the impact such acquisitions could have on U.S. national and economic security.
China's Economic Conditions
China’s economy continues to be a concern to U.S. policymakers. On the one hand, China’s economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on many U.S. industries. Many U.S. policymakers have argued that greater efforts should be made to pressure China to fully implement its WTO commitments and to change various economic policies deemed harmful to U.S. economic interests, such as its currency peg and its use of subsidies to support its SOEs. In addition, recent bids by Chinese state-owned firms to purchase various U.S. firms have raised concerns among Members over the impact such acquisitions could have on U.S. national and economic security.
Community Development Financial Institutions (CDFI) Fund: Programs and Policy Issues
This report discusses the Community Development Financial Institutions (CDFI) Fund which assists CDFI's which are business that provide financial products and services.
Current Economic Conditions and Selected Forecasts
U.S. real GDP growth has been positive for 18 consecutive quarters, and the economy is considered to be in an "expansion" phase. As of the second quarter of 2006, real or inflation-adjusted growth was nearly 16% above its previous high near the end of the 1991-2001 expansion. This report contains information on current economic conditions, the posture of fiscal and monetary policy, economic forecasts, and related information.
The Debt Limit: History and Recent Increases
This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, 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.
Economic Development Administration: Overview and Issues
The Economic Development Administration (EDA), targeted for elimination or major “reinvention” early in the 104th Congress, gained a new lease on life in the waning days of the 105th. Having been kept alive via appropriations bills since its last authorizing legislation expired in 1982, P.L. 105-393 reauthorized the EDA and its programs for 5 years. On October 27, Congress approved a conference agreement recommending $286.7 million for EDAP and $28 million for S&E, for a totalFY2001 appropriation of$411.9 million for EDA. It became part of the Consolidated Appropriations Act (H.R. 4942, P.L. 106-553) signed into law on December 21, 2000.
Enforcing U.S. Trade Laws: Section 301 and China
This report discusses the Trump Administration's decision to proceed with a Section 301 case against China's intellectual property rights (IPR) policies and their intent to impose 25% ad valorem tariffs on $50 billion worth of Chinese products. It also looks at past use of Section 301 against China.
The Federal Budget: Current and Upcoming Issues
This report examines changes to the Federal Budget for Fiscal Years 2008-2010. The report considers the factors that have an effect on various budgetary functions and decisions. The report specifically focuses on the effect of the 2007-2008 financial recession on the budget, but also considers more long-term fiscal issues such as health care for retiring Baby-Boomers.
Federal Reserve: Legislation in the 115th Congress
The Federal Reserve (Fed) is the subject of legislation being considered in the 115th Congress. This report analyzes Fed bills that have seen committee or floor action and the policy debate surrounding them. The bills contain wide-ranging changes that can be grouped into five broad categories: Fed governance, oversight and disclosure, monetary policy rules (the Taylor Rule), the Fed's emergency lending powers, and the Fed's balance sheet.
Federal Reserve: Oversight and Disclosure Issues
The report discusses recently-enacted legislation and legislation introduced in the 113th Congress related to the Federal Reserve (Fed). It also provides information about the potential impact of greater oversight and disclosure on the Fed's independence and its ability to achieve its macroeconomic and financial stability goals.
The G-7 Summit in Charlevoix, Canada: Changing U.S. Leadership in Global Forums
This report covers the 44th annual Group of 7 (G-7) summit on June 8-9. Seven of the world's largest advanced economies meet annually to discuss and coordinate economic and foreign policies, with the 2018 agenda focusing on economic growth, gender equality, jobs, and the environment.
The Global Economic Crisis: Impact on Sub-Saharan Africa and Global Policy Responses
This report analyzes Africa's vulnerability to the global crisis and potential implications for economic growth, poverty alleviation, fiscal balances, and political stability. The report describes channels through which the crisis is affecting Africa, and provides information on international efforts to address the impact, including U.S. policies and those of multilateral institutions in which the United States plays a major role.
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the crisis through November 14, 2009. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties.
Higher Education Tax Benefits: Brief Overview and Budgetary Effects
This report provides a brief overview of the higher education tax benefits that are currently available to students and their families. The report contrasts higher education tax benefits with traditional student aid, presents a brief history of higher education tax policy over the past 60 years, summarizes key features of the available tax benefits, and provides JCT estimates of revenue losses resulting from individual tax provisions.
Long-Term Growth of the U.S. Economy: Significance, Determinants, and Policy
The rate of long-term economic growth is the salient measure of the nation's ability to steady advance its material living standard. The pace of long-term economic growth is likely to be a center of attention in the decades just ahead, as the U.S. economy confronts the need to undertake unprecedentedly large generational transfers of income to pay for the retirement of the huge baby-boom generation as well as large transfers to the rest of the world to meet the debt service costs of the United States' large and still growing foreign debt.
Mad Cow Disease: Agricultural Issues for Congress
This report provides information on how most of the countries banned United States beef after a single report of Bovine Spongiform Encephalopathy (BSE) in a Canadian-born cow after the December 2003 U.S. report. This explains all the steps USDA has taken to reduce the positive cases of BSE by starting special programs. Updated May 25, 2005.
Moldova: An Overview
This report discusses Moldova, one of three post-Soviet states, together with Ukraine and Georgia, seeking greater integration with the West as it copes with separatist territories occupied by Russian forces.
Nitrogen Oxides and Electric Utilities: Revising the NSPS
Under the Clean Air Act (CAA), the Environmental Protection Agency (EPA) sets New Source Performance Standards (NSPS) for emissions of nitrogen oxides (NOx) from utility boilers, combustion turbines, and combined-cycle units. The current NOx NSPS, set in 1979, does not reflect subsequent advancements in Nox control technology. As a part of the 1990 Clean Air Act Amendments,
North Korea: Legislative Basis for U.S. Economic Sanctions
This report discusses the economic sanctions the United States imposes on North Korea for activities related to weapons proliferation, destabilizing the region, anti-terrorism, and undemocratic governance.
The Organization for Economic Cooperation and Development
This report provides a background of the Organization for Economic Cooperation and Development (OECD), financial crisis and the issues for Congress.
Patient Protection and Managed Care
No Description Available.
Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
No Description Available.
The United Arab Emirates (UAE): Issues for U.S. Policy
This report discusses the open economy and society of the United Arab Emirates (UAE), provides a general description of the UAE's government and political structure, and outlines the effects of the recent global economic downturn on the UAE in general and on the city of Dubai in particular. It also describes U.S. concern over the proliferation of advanced technology in relation to a recently-signed U.S.-UAE civilian nuclear agreement, due to the UAE economy and the UAE's lax export controls.
What if the National Debt Were Eliminated? Some Economic Consequences
Asthe budget has moved from a position of large deficitsto large surpluses, then back to deficit again, a debate has emerged about the desirability of retiring the national debt. Although the national debt would not be retired under current baseline forecasts, it remains an important element of the budget surplus debate. By the end of the baseline window, the national debt is forecast to reach its lowest level in the post-war period as a percentage of GDP despite the dramatic deterioration in the surplus forecastsince 2001. This report will explore the economic issues surrounding budget surpluses and debt retirement
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