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The Size and Role of Government: Economic Issues
he appropriate size and role of the government is one of the most fundamental and enduring debates in American politics. What role does the state play in economic activity? How is the economy affected by government intervention? Many of the arguments surrounding the proper size of government are economic in nature, and these are discussed in this report.
The Size and Role of Government: Economic Issues
This report discusses some of the arguments surrounding the proper size of government that are economic in nature, including the questions of what role the state plays in economic activity and how the economy is affected by government intervention.
Social Security and Medicare: The Economic Implications of Current Policy
The retirement of the baby boomers, rising life expectancy, and the rising cost of medical care are projected to place current federal policy on an unsustainable fiscal basis over the next several decades. Social Security outlays are projected to rise from 4% of gross domestic product (GDP) today to 6% of GDP in 2030 and Medicare and Medicaid outlays rise from 4% today to as much as 12% of GDP in 2030 and 21% of GDP in 2050. These increases in spending are not expected to subside after the baby boomers have passed away. Without any corresponding rise in revenues, this spending path would lead to unsustainably large budget deficits that would push up interest rates and the trade deficit, crowd out private investment spending, and ultimately cause fiscal crisis.
Solar Energy: The Federal Program and Congressional Interest
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South Korea's Economy and Trade
South Korea has become a mid-level economy with a growing consumer market and industrial base. It now is in transition. It can no longer compete easily in low-wage, low-technology manufacturing with other countries of Asia, yet it does not have the technology and expertise to compete fully with industries from Japan, the United States, and Europe.
Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
This report various sides of the debate related to domestic launch services, such as satellite export issues, the development of new launch vehicles by the private sector, and whether tax incentives or loan guarantees should be created for companies attempting to develop lower-cost launch vehicles.
Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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Space Launch Vehicles: Government Activities, Commercial Competition, and Satellite Exports
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The Special Inspector General for the Troubled Asset Relief Program
This report discusses the Special Inspector General provisions in the Emergency Economic Stabilization Act of 2008, H.R. 1424, which was enacted as P.L. 110-343 on October 3, 2008. This Act created a Special Inspector General (SIG) for the Troubled Asset Relief Program (TARP). This report will compare the duties and authorities of the SIG TARP to those of the Special Inspector General for Iraq Reconstruction (SIGIR) and the Special Inspector General for Afghanistan Reconstruction (SIGAR), as well as statutory IGs under the Inspector General Act of 1978, as amended (IG Act).
The Special Inspector General for the Troubled Asset Relief Program (SIG TARP)
This report discusses the Special Inspector General provisions in the Emergency Economic Stabilization Act of 2008, H.R. 1424, which was enacted as P.L. 110-343 on October 3, 2008. This Act created a Special Inspector General (SIG) for the Troubled Asset Relief Program (TARP). This report will compare the duties and authorities of the SIG TARP to those of the Special Inspector General for Iraq Reconstruction (SIGIR) and the Special Inspector General for Afghanistan Reconstruction (SIGAR), as well as statutory IGs under the Inspector General Act of 1978, as amended (IG Act).
States and Proposed Economic Recovery Plans
This report examines arguments presented by the National Conference of State Legislatures (NCSL) and the National Governors Association (NGA) to include state fiscal assistance in an economic recovery plan, several arguments to exclude state assistance from such a plan, and the implications the proposals presented by NCSL and NGA might have for the economy. It also examines issues related to the targeting of state fiscal assistance and arguments for and against including infrastructure construction projects in an economic recovery plan, and presents key provisions in proposed economic recovery plans that directly affect state and local governments.
Steel: Legislative and Oversight Issues
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Steel: Legislative and Oversight Issues
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Steel: Legislative and Oversight Issues
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Steel: Price and Policy Issues
Steel prices remain at historically elevated levels. The rapid growth of steel production and demand in China is widely considered as a major cause of the increases in both steel prices and the prices of steelmaking inputs. Steel companies have achieved much greater pricing power, in part through an ongoing consolidation of the industry
The Strategic Petroleum Reserve: History, Perspectives, and Issues
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The Strategic Petroleum Reserve: History, Perspectives, and Issues
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Structure and Functions of the Federal Reserve System
This report examines the structure and operations of the major components of the Federal Reserve System and provides an overview of congressional oversight activities. The report identifies the provisions of P.L. 111-203 (the Dodd-Frank Wall Street Reform and Consumer Protection Act) that affect the structure and operations of the system.
Structure and Functions of the Federal Reserve System
This report examines the structure and operations of the major components of the Federal Reserve System and provides an overview of congressional oversight activities. In addition, the report discusses the provisions of one of the pending pieces of legislation (S. 3217, the Restoring American Financial Stability Act of 2010) that would affect the structure and operations of the System.
Structure and Functions of the Federal Reserve System
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A Summary of Prevailing Views on the Sources of Inflation
It is the purpose of this paper to present the range of viewpoints concerning the causes of inflation. Inflation is defined and distinguished from changes' in relative prices. The Monetarist, Post-Keynesian, and neo-Keynesian positions are discussed to illustrate the variety of perceptions as to the sources of sustained increases in the general price level.
Supplemental Selective Reserve Requirements on Commercial Bank Assets: An Option for Credit Allocation Based on Social Goals
This report discuses banks' loan practices and the Federal Reserve's monetary policies and how they interact with one another as well as proposals by the Federal Reserve intended to increase loans related to the housing market while reducing them in the commercial business world.
The Supreme Court Addresses Corps of Engineers Jurisdiction Over "Isolated Waters": The SWANCC Decision
On January 9, 2001, the Supreme Court handed down Solid Waste Agency of Northern Cook County (SWANCC) v. U.S. Army Corps of Engineers. At issue in SWANCC was the scope of Clean Water Act section 404, which requires permits for the discharge of dredged or fill materials into "navigable waters," defined by the Act as "waters of the United States." Section 404 is the charter for the federal wetlands permitting program.
The Supreme Court Upholds EPA Standard-Setting Under the Clean Air Act:
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Systemically Important or "Too Big to Fail" Financial Institutions
Report that discusses the economic issues raised by "too big to fail" (TBTF), the historical experience with TBTF before and during the financial crisis of the 2000s, broad policy options, and policy changes made by the relevant Dodd-Frank provisions.
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