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The Budget Control Act of 2011: The Effects on Spending and the Budget Deficit When the Automatic Spending Cuts Are Implemented

Description: This report discusses the two main groups of spending reductions in the Budget Control Act of 2011: (1) discretionary spending caps and (2) an automatic $1.2 trillion spending reduction process that comes into effect on January 02, 2012. It also looks at projected effects of the Act.
Date: April 23, 2012
Creator: Levit, Mindy R. & Labonte, Marc
Item Type: Refine your search to only Report
open access

The Budget Control Act of 2011: The Effects on Spending and the Budget Deficit When the Automatic Spending Cuts Are Implemented

Description: Following a lengthy debate over raising the debt limit, the Budget Control Act of 2011 (BCA; P.L. 112-25) was signed into law by President Obama on August 2, 2011. To provide context for this debate, this report discusses the effects of the BCA on spending and the deficit, assuming that the January 2013 automatic spending reductions proceed as scheduled.
Date: April 23, 2012
Creator: Levit, Mindy R. & Labonte, Marc
Item Type: Refine your search to only Report
open access

U.S. Trade Remedy Laws and Nonmarket Economies: A Legal Overview

Description: Two major U.S. trade remedies are antidumping (AD) law, which combats the sale of imported products at less than their fair market value, and countervailing duty (CVD) law, which aims to offset foreign government subsidization of imported goods. This report discusses these two law's impact on U.S. foreign relations.
Date: April 23, 2012
Creator: Grimmett, Jeanne J.
Item Type: Refine your search to only Report
open access

WTO Dispute Settlement: Status of U.S. Compliance in Pending Cases

Description: Although the United States has complied with adverse rulings in many past World Trade Organization (WTO) disputes, there are currently 14 cases in which rulings have not yet been implemented or the United States has acted and the dispute has not been fully resolved. Nine unresolved cases involve trade remedies. The report discusses all fourteen cases in detail, which include antidumping, aircraft subsidies, cotton subsidies, online gambling restrictions, music copyright law, and trademark infri… more
Date: April 23, 2012
Creator: Grimmett, Jeanne J.
Item Type: Refine your search to only Report
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