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  Partner: UNT Libraries Government Documents Department
 Collection: Congressional Research Service Reports
The Effect of Firm Bankruptcy on Retiree Benefits, with Applications to the Automotive and Coal Industries

The Effect of Firm Bankruptcy on Retiree Benefits, with Applications to the Automotive and Coal Industries

Date: September 22, 2014
Creator: Rapaport, Carol
Description: This report begins with a discussion of whether bankrupt firms can invalidate previous commitments covering retiree pensions and health insurance. The report next discusses the specific protections accorded to retiree pensions and health insurance benefits. Certain types of pensions are guaranteed by a quasi-public agency, while no such guarantee exists for retiree health insurance. The report concludes with brief case studies of the bankruptcies of Old GM, Delphi, and Patriot.
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Federal Elementary and Secondary Education Programs and Unaccompanied Alien Children

Federal Elementary and Secondary Education Programs and Unaccompanied Alien Children

Date: September 22, 2014
Creator: Skinner, Rebecca R. & Wasem, Ruth Ellen
Description: This report addresses possible sources of federal support for schools and local educational agencies that have enrolled unaccompanied alien children.
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Implementation of the FDA Food Safety Modernization Act (FSMA, P.L. 111-353)

Implementation of the FDA Food Safety Modernization Act (FSMA, P.L. 111-353)

Date: September 22, 2014
Creator: Johnson, Renée
Description: This report documents the scheduled timeline for action on selected FDA Food Safety Modernization Act (FSMA) provisions, as specified in the enacted law, and FDA-reported actions taken to date, based on available FDA press releases and publicly available progress reports.
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The U.S. Postal Service's Financial Condition: A Primer

The U.S. Postal Service's Financial Condition: A Primer

Date: September 22, 2014
Creator: Daniel J. Richardson
Description: This report discusses the significant financial challenges facing the U.S. Postal Service (USPS). After running modest profits from FY2003 through FY2006, the USPS lost $45.6 billion between FY2007 and FY2013. Since FY2011, the USPS has defaulted on $16.7 billion in payments to its Retiree Health Benefits Fund (RHBF). The agency reached its $15 billion borrowing limit in FY2012 and did not reduce its total debt in FY2013. In October 2012, the USPS bolstered its liquidity by withdrawing all of the cash from its competitive products fund. This fund has not been replenished since that time.
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Unauthorized Aliens' Access to Federal Benefits: Policy and Issues

Unauthorized Aliens' Access to Federal Benefits: Policy and Issues

Date: September 22, 2014
Creator: Wasem, Ruth Ellen
Description: This report focuses on the policy and legislative debate surrounding unauthorized aliens' access to federal benefits. The number of foreign-born people residing in the United States (40.7 million) is at the highest level in our history and, as a portion of the U.S. population, has reached a percentage (13%) not seen since the early 20th century.1 Of the foreign-born residents in the United States, approximately one-third are speculated to be unauthorized residents (often characterized as illegal aliens).
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American Foreign Fighters and the Islamic State: Broad Challenges for Federal Law Enforcement

American Foreign Fighters and the Islamic State: Broad Challenges for Federal Law Enforcement

Date: September 19, 2014
Creator: Bjelopera, Jerome P.
Description: This report offers a framework for considering the challenges to domestic security posed by American fighters in the terrorist group known as the Islamic State (IS, previously referred to as ISIS or ISIL) and outlines some of the ways that U.S. law enforcement responds to such challenges.
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Federal Reserve: Oversight and Disclosure Issues

Federal Reserve: Oversight and Disclosure Issues

Date: September 19, 2014
Creator: Labonte, Marc
Description: This report provides an overview of existing Fed oversight and disclosure practices. The report also considers the potential impact of greater oversight and disclosure on the Fed's independence and its ability to achieve its macroeconomic and financial stability goals.
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Lame Duck Sessions of Congress, 1935-2012 (74th-112th Congresses)

Lame Duck Sessions of Congress, 1935-2012 (74th-112th Congresses)

Date: September 19, 2014
Creator: Beth, Richard S. & Tollestrup, Jessica
Description: This report discusses how lame duck sessions occur, and the background of the lame duck sessions between 1940 and 2012. A "lame duck" session of Congress occurs whenever one Congress meets after its successor is elected, but before the term of the current Congress ends.
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Medicare: Insolvency Projections

Medicare: Insolvency Projections

Date: September 19, 2014
Creator: Davis, Patricia A.
Description: This report focuses on the two separate trust funds that fund Medicare, the Hospital Insurance (HI) trust fund and Supplementary Medical Insurance (SMI) trust fund. Almost from its inception, the HI trust fund has faced a projected shortfall and eventual insolvency. Because of the way it is financed, the SMI trust fund cannot become insolvent; however, the Medicare Trustees continue to express concerns about the rapid growth in SMI costs.
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Systemically Important or "Too Big to Fail" Financial Institutions

Systemically Important or "Too Big to Fail" Financial Institutions

Date: September 19, 2014
Creator: Labonte, Marc
Description: This report 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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