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Subsidy Cost of Federal Credit: Cost to the Government or Fair Value Cost?

Description: Since the mid-1980s, budget experts have debated whether the best method of measuring the subsidy cost of federal credit (direct loans and loan guarantees) is the cost to the government or the fair value cost. This report presents a chronology of this still unresolved debate, which dates from the mid-1980s.
Date: April 25, 2012
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department

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
Partner: UNT Libraries Government Documents Department

The "Deeming Resolution": A Budget Enforcement Tool

Description: "Deeming resolution" is a term that refers to legislation deemed to serve as an annual budget resolution for purposes of establishing enforceable budget levels for a budget cycle. A deeming resolution is used when the House and Senate are late in reaching final agreement on a budget resolution or fail to reach agreement altogether.
Date: May 2, 2012
Creator: Lynch, Megan Suzanne
Partner: UNT Libraries Government Documents Department

Recreation on Federal Lands

Description: The growing and diverse nature of recreation on federal lands has increased the challenge of balancing recreation with other land uses, and balancing different types of recreation. Motorized recreation has been particularly controversial, with issues centering on access and environmental impacts. The 109th Congress may consider legislation and conduct oversight on issues involving recreation on federal lands, including traditional recreational pursuits and newer forms of motorized recreation. Other federal land recreation issues of possible interest include recreational uses within the National Wildlife Refuge System, recreation at federal water, recreation fees, and Grand Canyon Colorado River management.
Date: April 25, 2005
Creator: Calvert, Kori & Vincent, Carol Hardy
Partner: UNT Libraries Government Documents Department

An Overview of Major Tax Proposals in the President's FY2012 Budget

Description: This report provides a broad overview of the provisions included in the President's budget request. The budget groups proposed tax provisions into several general categories. According to the Administration's estimates, the tax proposals in the budget would increase revenues $280 billion over the next 10 years
Date: May 4, 2012
Creator: Keightley, Mark P.; Bickley, James M.; Guenther, Gary; Hungerford, Thomas L.; Maguire, Steven; Marples, Donald J. et al.
Partner: UNT Libraries Government Documents Department

Budget "Sequestration" and Selected Program Exemptions and Special Rules

Description: "Sequestration" is a process of automatic, largely across-the-board spending reductions under which budgetary resources are permanently canceled to enforce certain budget policy goals. This report looks at the history and current status of sequestration at it relates to Congress. This includes how it is enacted and special rules that can apply.
Date: April 27, 2012
Creator: Spar, Karen
Partner: UNT Libraries Government Documents Department

An Overview of Tax Provisions Expiring in 2012

Description: A number of tax provisions either expired in 2011 or are scheduled to expire at the end of this 2012. As Congress decides whether to extend these provisions, it may consider the estimated revenue losses associated with their extension as well as other factors when evaluating tax policy. In the 112th Congress, Members have yet to consider legislation that would extend all of the provisions discussed in this report, although legislation to extend certain provisions has been considered.
Date: April 17, 2012
Creator: Crandall-Hollick, Margot L.
Partner: UNT Libraries Government Documents Department

FY2013 Defense Budget Request: Overview and Context

Description: This report analyzes President Obama's FY2013 defense budget request and the long-term deficit reduction issues relevant to congressional discussion of that request. Congressional action on the FY2013 defense budget will be analyzed in a separate report.
Date: April 20, 2012
Creator: Daggett, Stephen & Towell, Pat
Partner: UNT Libraries Government Documents Department

Mandatory Spending Since 1962

Description: Federal spending is divided into three broad categories: discretionary spending, mandatory spending, and net interest. Federal spending has outrun federal revenues for the last 10 fiscal years. In the long term, projections suggest that if current policies remain unchanged, the United States faces a major fiscal imbalance, largely due to rising health care costs and impending Baby Boomer retirements. Because discretionary spending is a smaller proportion of total federal outlays compared to mandatory spending, some budget experts contend that any significant reductions in federal spending must include cuts in entitlement spending. Other budget and social policy experts contend that cuts in entitlement spending could compromise their goals: the economic security of the elderly and the poor.
Date: March 23, 2012
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department

Navy Aegis Ballistic Missile Defense (BMD) Program: Background and Issues for Congress

Description: The Aegis ballistic missile defense (BMD) program, which is carried out by the Missile Defense Agency (MDA) and the Navy, gives Navy Aegis cruisers and destroyers a capability for conducting BMD operations. Under MDA and Navy plans, the number of BMD-capable Navy Aegis ships is scheduled to grow from 24 at the end of FY2011 to 36 at the end of FY2018. Issues for Congress for FY2013 include the reduction under the proposed FY2013 budget in the ramp-up rate for numbers of BMD-capable Aegis ships over the next few years; the U.S. economic impact of shifting four Aegis ships to Rota, Spain; U.S. vs. European naval contributions to European BMD; the lack of a target for simulating the endo-atmospheric (i.e., final) phase of flight of China's DF-21 anti-ship ballistic missile; the capability of the SM-3 Block IIB Aegis BMD interceptor; and technical risk in the Aegis program.
Date: March 19, 2012
Creator: O'Rourke, Ronald
Partner: UNT Libraries Government Documents Department

Submission of the President's Budget in Transition Years

Description: This report discusses the President's budget at the time of a presidential transition. The transition from one presidential administration to another raises special issues regarding the annual budget submission. Which President—the outgoing President or the incoming one—is required to submit the budget, and how will the transition affect the timing and form of the submission? The purpose of this report is to provide background information that addresses these questions.
Date: May 17, 2012
Creator: Christensen, Michelle D.
Partner: UNT Libraries Government Documents Department

The Federal Budget: Issues for FY2013 and Beyond

Description: The federal budget is central to Congress's ability to exercise its "power of the purse." Over the last several fiscal years the imbalance between spending and revenues has grown as a result of the economic downturn and policies enacted in response to financial turmoil. This report discusses how a growing budget deficit will affect the FY2013 budget and government spending.
Date: March 27, 2012
Creator: Levit, Mindy R.
Partner: UNT Libraries Government Documents Department

FY2013 Budget Documents: Internet and GPO Availability

Description: This report provides brief descriptions of the budget volumes and related documents, together with Internet addresses, Government Printing Office (GPO) stock numbers, and prices for obtaining print copies of these publications. It also explains how to find the locations of government depository libraries, which can provide both printed copies for reference use and Internet access to the online versions.
Date: April 2, 2012
Creator: Nagel, Jared Conrad
Partner: UNT Libraries Government Documents Department

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
Partner: UNT Libraries Government Documents Department

Economic Development Administration: Reauthorization and Funding Issues in the 112th Congress

Description: The 112th Congress may consider legislation to reauthorize and amend the Public Works and Economic Development Act (PWEDA), whose statutory authority expired on September 30, 2008. As part of those deliberations, Congress may consider a number of changes in the structure of Economic Development Administration (EDA) assistance programs.
Date: March 1, 2012
Creator: Boyd, Eugene
Partner: UNT Libraries Government Documents Department

Fact Sheet: The FY2013 State and Foreign Operations Budget Request

Description: On February 13, 2012, the Obama Administration submitted its FY2013 budget request, including $54.7 billion for State Department, Foreign Operations, and Related Appropriations. Of the total request, $18.6 billion is for programs funded through the State operations and related agencies (a 4.6% increase over FY2012 estimates), and $36.1 billion is for foreign operations (a 0.1% increase over FY2012 estimates). This fact sheet provides a brief overview of the request.
Date: March 19, 2012
Creator: Epstein, Susan B.; Lawson, Marian Leonardo & Tiersky, Alex L.
Partner: UNT Libraries Government Documents Department

The Federal Networking and Information Technology Research and Development Program: Background, Funding, and Activities

Description: In the early 1990s, Congress recognized that several federal agencies had ongoing high performance computing programs, but no central coordinating body existed to ensure long-term coordination and planning. To provide such a framework, Congress passed the High-Performance Computing and Communications Program Act of 1991 to enhance the effectiveness of the various programs. In conjunction with the passage of the act, the White House Office of Science and Technology Policy released Grand Challenges: High-Performance Computing and Communications. Current concerns are the role of the federal government in supporting IT R&D and the level of funding to allot to it. This report also looks at federal budgets for the Networking and Information Technology Research and Development Program.
Date: January 13, 2012
Creator: Moloney Figliola, Patricia
Partner: UNT Libraries Government Documents Department

United States Fire Administration: An Overview

Description: The U.S. Fire Administration (USFA)—which includes the National Fire Academy (NFA)—is currently housed within the Federal Emergency Management Agency (FEMA) of the Department of Homeland Security (DHS). The objective of the USFA is to significantly reduce the nation's loss of life from fire, while also achieving a reduction in property loss and non-fatal injury due to fire. The United States Fire Administration Reauthorization Act of 2008 was signed into law on October 8, 2008. As is the case with many federal programs, concerns in the 112th Congress over the federal budget deficit could impact budget levels for the USFA. Debate over the USFA budget has focused on whether the USFA is receiving an appropriate level of funding to accomplish its mission, given that appropriations for USFA have consistently been well below the agency's authorized level. An ongoing issue is the viability and status of the USFA and National Fire Academy within the Department of Homeland Security.
Date: January 3, 2012
Creator: Kruger, Lennard G.
Partner: UNT Libraries Government Documents Department

An Examination of Federal Disaster Relief Under the Budget Control Act

Description: This report addresses traditional funding for major disaster declarations, workings of the President's Disaster Relief Fund, a basic overview of how disaster assistance is appropriated, what factors affect how much the federal government spends on disasters, how disaster relief is impacted by the Budget Control Act (BCA) of 2011, and what the policy implications are for disaster assistance under the constraints of the BCA, and the increasing number of disaster declarations and both the possible causes and likely cost implications of a greater number of declarations.
Date: February 10, 2012
Creator: Lindsay, Bruce R.; Painter, William L. & McCarthy, Francis X.
Partner: UNT Libraries Government Documents Department