Congressional Research Service Reports - 918 Matching Results

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Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Description: This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief overview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Date: September 2, 2003
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

The Economics of the Federal Budget Surplus

Description: Fiscal 1998 marked the first year that total receipts exceeded outlays in the federal budget since 1969. Since then, the budget has been in surplus and official projections expect the budget to remain in surplus for the foreseeable future. Congressional Budget Office (CBO) baseline projections indicate that the budget surpluses are expected to grow steadily over the next 10 years.
Date: March 30, 2001
Creator: Cashell, Brian W.
Partner: UNT Libraries Government Documents Department

Gasoline Price Increases: Federal and State Authority to Limit "Price Gouging"

Description: In the aftermath of last year’s hurricane season, questions arose regarding increased prices in the areas affected by Hurricanes Katrina, Rita, and Wilma and the effect that the damage caused by the hurricanes would have on prices, specifically gasoline prices, in other parts of the country. As gasoline prices have continued to rise in the months since, Congress has considered legislation addressing gasoline and oil prices that includes provisions related to price gouging. The House has recently passed two bills that include a federal prohibition on price gouging (H.R. 3893 and H.R. 5253). This report discusses state laws regarding price gouging, the role of the federal government in addressing rising gas prices, and selected federal legislative proposals specific to price gouging.
Date: May 18, 2006
Creator: Welborn, Angie A. & Flynn, Aaron M.
Partner: UNT Libraries Government Documents Department

Tracking Current Federal Legislation and Regulations: A Guide to Basic Sources

Description: This report introduces selected basic sources that are useful in obtaining background information or specific facts on the status of federal legislative or regulatory initiatives. It includes telephone, online, and media sources are included, as well as pertinent directories, such as those of organizations that track areas of interest. Annotations describing each source's contents and organization are included so that researchers can select those that most closely fit their needs. Internet addresses usually provide information about the items, rather than access to them.
Date: February 13, 2003
Creator: Davis, Carol D.
Partner: UNT Libraries Government Documents Department

The Effects of Government Expenditures and Revenues on the Economy and Economic Well-Being: A Cross-National Analysis

Description: Congress passed and the President signed a reconciliation bill (P.L. 109-171) to reduce mandatory spending by $39 billion between FY2006 and FY2010. A revenue reduction reconciliation bill (H.R. 4297) has not been enacted as of the date of this report. Many argue that tax and spending reductions will stimulate economic growth, whereas many others argue that tax cuts will lead to a larger deficit with adverse economic effects and that spending cuts will reduce critical government services. This report examines the effects of government spending and taxation on economic growth and economic well-being by comparing the United States with 20 other industrial Organization for Economic Cooperation and Development (OECD) countries.
Date: April 5, 2006
Creator: Hungerford, Thomas L
Partner: UNT Libraries Government Documents Department

China's Economic Conditions

Description: 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.
Date: July 12, 2006
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department

Monetary Policy: Current Policy and Conditions

Description: This report discusses monetary policy, which can also be defined in terms of the directives, policies, statements, and actions of the Federal Reserve, particularly those from its Board of Governors that have an effect on aggregate demand or national spending.
Date: August 21, 2006
Creator: Labonte, Marc & Makinen, Gail
Partner: UNT Libraries Government Documents Department

Current Economic Conditions and Selected Forecasts

Description: This report contains information regarding the Current Economic Conditions, Recent Macroeconomic Developments, Posture of Monetary and Fiscal Policy, Summary of Current Developments, Sources of GDP Growth, Economic Forecasts 2001, and Promotion of Economic Growth. The report also presents statistics regarding the Growth Rate of Real GDP v. Final Sales, Civilian Unemployment Rate, Rate of Change in the Consumer Price Index, Rate of Change in the GDP Deflators, Rate of Change in Labor Costs, U.S. Foreign Trade Deficit, Alternative Measures of Fiscal Policy, The Growth Rates of the Monetary Aggregates, etc.
Date: August 21, 2006
Creator: Makinen, Gail
Partner: UNT Libraries Government Documents Department

Monetary Policy: Current Policy and Conditions

Description: This report discusses monetary policy, which can also be defined in terms of the directives, policies, statements, and actions of the Federal Reserve, particularly those from its Board of Governors that have an effect on aggregate demand or national spending.
Date: July 28, 2006
Creator: Labonte, Marc & Makinen, Gail
Partner: UNT Libraries Government Documents Department

Current Economic Conditions and Selected Forecasts

Description: This report begins with a comprehensive presentation of current economic conditions focusing on income growth, unemployment, and inflation. The posture of monetary and fiscal policy is surveyed as are the forecasts of economic activity. It concludes with data on the factors important for economic growth.
Date: July 28, 2006
Creator: Makinen, Gail
Partner: UNT Libraries Government Documents Department