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Economic Stimulus: Issues and Policy

Description: This report discusses the passing of the American Recovery and Reinvestment Act of 2009, which included tax cut and spending provisions totaling at a cost of $787 billion in an attempt to mitigate the economic fallout of the housing and financial crises on the general economy. The report examines issues surrounding fiscal stimulus such as timeliness, the magnitude of stimulus, long-term effects and previously adopted policies.
Date: January 16, 2009
Creator: Gravelle, Jane G.; Hungerford, Thomas L. & Labonte, Marc
Partner: UNT Libraries Government Documents Department

Payment Card Interchange Fees: An Economic Assessment

Description: This report focuses on the Visa and MasterCard card associations, which account for three-fourths of the payment card market in the United States in 2008. The report begins with a discussion of the nontraditional structure of the payment card market. The next section is an analysis of the problem of the optimum level of payment cards to achieve the highest social welfare benefit for cardholders and merchants. The third section discusses the provisions of the Credit Card Fair Free Act of 2008. The last section discusses some implications of the analysis.
Date: September 3, 2008
Creator: Eubanks, Walter W.
Partner: UNT Libraries Government Documents Department

Economic Stimulus: Issues and Policy

Description: This report discusses the passing of the American Recovery and Reinvestment Act of 2009, which included tax cut and spending provisions totaling at a cost of $787 billion in an attempt to mitigate the economic fallout of the housing and financial crises on the general economy. The report examines issues surrounding fiscal stimulus such as timeliness, the magnitude of stimulus, long-term effects and previously adopted policies.
Date: January 23, 2009
Creator: Gravelle, Jane G.; Hungerford, Thomas L. & Labonte, Marc
Partner: UNT Libraries Government Documents Department

Egypt and the IMF: Overview and Issues for Congress

Description: This report provides an overview of the economic situation in post-revolution Egypt and negotiations between Egypt and the IMF. It also analyzes why an IMF program is controversial in Egypt and the relationship between an IMF program for Egypt and U.S. foreign policy goals in the region. It discusses the IMF program from a congressional perspective, including how debt relief for Egypt has been tied to an IMF program and legislation that would condition U.S. bilateral economic assistance to Egypt on an IMF program.
Date: April 29, 2013
Creator: Nelson, Rebecca M. & Sharp, Jeremy M.
Partner: UNT Libraries Government Documents Department

Public Financing of Presidential Campaigns: Overview and Analysis

Description: This report discusses current controversies and arguments for and against public financing of presidential campaigns; legislative history; elements of the program; taxpayer and candidate participation; financial status of the program; recent legislation; and analysis of various policy proposals. If Congress chooses to alter the program, consensus will be necessary in what has historically been a particularly complex and contentious area of campaign finance policy.
Date: January 29, 2014
Creator: Garrett, R. Sam
Partner: UNT Libraries Government Documents Department

The 2007-2009 Recession: Similarities to and Differences from the Past

Description: According to the National Bureau of Economic Research (NBER), the U.S. economy was in a recession for 18 months from December 2007 to June 2009. It was the longest and deepest recession of the post-World War II era. This report provides information on the patterns found across past recessions since World War II to gauge whether and how this recession might be different.
Date: October 6, 2010
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department

"Robo-Signing" and Other Alleged Documentation Problems in Judicial and Nonjudicial Foreclosure Processes

Description: Recent depositions involving major servicers, including GMAC Mortgage, J.P. Morgan Chase, and Wells Fargo, have raised concerns about "robo-signing" -- the practice of having a small number of individuals sign a large number of affidavits and other legal documents submitted to courts and other public authorities by mortgage companies to execute foreclosure. This report explores concerns related to these issues by explaining the mortgage market process, procedural problems that have surfaced during foreclosure proceedings, and other relevant information.
Date: November 15, 2010
Creator: Carpenter, David H.
Partner: UNT Libraries Government Documents Department

IMF Reforms: Issues for Congress

Description: This report provides information about the reforms made by the Board of Governors of the International Monetary Fund (IMF) in December 2010, Congress's role in the reform process, and how the reforms could affect U.S. interests at the IMF.
Date: April 9, 2015
Creator: Nelson, Rebecca M. & Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

The German Economy and U.S.-German Economic Relations

Description: This report discusses Germany's recent trends in economic performance and trade relations with the U.S. This report elaborates on these themes in three parts: historical economic performance; reform challenges facing German political leaders; and selected U.S.-German economic policy differences.
Date: January 27, 2010
Creator: Ahearn, Raymond J. & Belkin, Paul
Partner: UNT Libraries Government Documents Department

Globalization, Worker Insecurity, and Policy Approaches

Description: This report discusses the trends driving global economic integration, sources of worker insecurity and policy approaches. There appears to be a range of views on the merits of each of these policy approaches and the extent to which they can be designed and implemented in a way that would reduce worker insecurity without undermining the benefits of globalization.
Date: January 20, 2010
Creator: Ahearn, Raymond J.
Partner: UNT Libraries Government Documents Department

Globalization, Worker Insecurity, and Policy Approaches

Description: Today's global economy, or what many call globalization, has a growing impact on the economic futures of American companies, workers, and families. The current wave of globalization is supported by three broad trends: technology, increase in world supply of labor, and reduced government policies to international trade and investment.
Date: December 22, 2011
Creator: Ahearn, Raymond J.
Partner: UNT Libraries Government Documents Department

Evaluating the Current Stance of Monetary Policy Using a Taylor Rule

Description: Oversight of the Federal Reserve's (Fed's) monetary policy decisions rests with Congress. But oversight is encumbered by the absence of a straightforward relationship between interest rates and economic performance. Further, the Fed's policy decisions are discretionary, meaning there is no objective, transparent “yardstick” for evaluating their decisions. A simple rule of thumb guide to monetary policy decisions called a “Taylor rule” is an intuitive way to judge actual policy against some objective, albeit simplistic, ideal. Taylor rules prescribe a federal funds target based on inflation and the output gap (i.e., the difference between actual gross domestic product [GDP] and potential GDP) and can be adjusted to reflect a variety of policy goals.
Date: January 30, 2012
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department

Iraq’s Debt Relief: Procedure and Potential Implications for International Debt Relief

Description: This report discusses the Iraqi debt problem in three parts: [1] overview of the Iraq debt situation following the ouster of the Saddam regime; [2] subsequent debt relief negotiations and their resolution; [3] possible implications for future debt relief cases that arise from Iraq's experience. The implications are: a willingness by the international community to grant a stay on the enforcement of creditor rights; an increased flexibility in Paris Club debt relief decisions; and an unwillingness by successor regimes to claim that their debt is odious and repudiate it.
Date: March 29, 2011
Creator: Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

The U.S. Financial Crisis: The Global Dimension with Implications for U.S. Policy

Description: This report examines the global impact of the financial crisis and resulting challenges, moving forward. The crisis exposed fundamental weaknesses in financial systems worldwide, and despite coordinated easing of monetary policy by governments and trillions of dollars in intervention by governments and the International Monetary Fund, the crisis continues.
Date: November 10, 2008
Creator: Nanto, Dick K.; Weiss, Martin A.; Jackson, James K.; Dolven, Ben; Morrison, Wayne M.; Cooper, William H. et al.
Partner: UNT Libraries Government Documents Department

Social Security Administration: Workloads, Resources, and Service Delivery

Description: This report provides an overview of SSA's workloads, resources, and service delivery since FY1996, the first full fiscal year in which SSA became an independent agency. It also covers issues for Congress, focusing on recommendations made by the independent SSAB, Government Accountability Office, SSA's Office of the Inspector General, and the National Research Council.
Date: February 6, 2009
Creator: Romig, Kathleen
Partner: UNT Libraries Government Documents Department

Puerto Rico's Current Fiscal Challenges

Description: This report discusses multiple challenges the government of Puerto Rico faces in the fall of 2015. Concerns regarding the sustainability of Puerto Rico's public finances have intensified over the past year, despite several measures taken by the island's government to reduce spending, increase revenues, and restructure its obligations. The Puerto Rican government outlined a medium-term strategy to address those challenges in a fiscal plan put forth in mid-September 2015.
Date: September 25, 2015
Creator: Austin, D. A.
Partner: UNT Libraries Government Documents Department

Small Business: Access to Capital and Job Creation

Description: This report discusses the role of small business in job creation and retention, then provides an assessment of the supply and demand for small business loans and recently enacted laws designed to enhance small business access to capital. It also examines recent actions concerning the SBA's budget and concludes with a brief overview of legislative options available to address small business access to capital issues during the 114th Congress.
Date: November 25, 2015
Creator: Dilger, Robert J.
Partner: UNT Libraries Government Documents Department

The Federal Election Commission: Overview and Selected Issues for Congress

Description: The report provides background information about key areas of controversy and context that might be relevant for Congress as the House and Senate approach their oversight duties, appropriate funds, consider nominations, and explore options for restructuring the FEC or maintaining the status quo.
Date: December 22, 2015
Creator: Garrett, R. S.
Partner: UNT Libraries Government Documents Department