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Corporate Mergers Through Tender Offers: Measurement and Public Policy Considerations

Description: This report provides a perspective on the role of tender offers in corporate mergers and acquisitions and on the nature of financing used to carry them out. Analyzing SEC data on corporate takeovers, it classifies by industry those firms for which tender offers were made in 1979 and 1980 and examines the sources of funds used in these acquisition bids. Comparing SEC data with information compiled by FTC and others, it assesses the importance of tender offers in overall merger and acquisition activity. The report focuses mainly on domestic mergers, but foreign takeovers of U.S. companies also are discussed.
Date: December 4, 1981
Creator: Winch, Kevin F

Human Rights in U.S. Foreign Relations: Six Key Questions in the Continuing Policy Debate

Description: This report provides background information and a general overview of the role of human rights in U.S. foreign policy. It includes a discussion of some traditional arguments about how international human rights concerns might be integrated with other foreign policy factors. It also includes a discussion of the definition of human rights, of U.S. international obligations to promote human rights, and the apparatus and procedures available to the U.S. Government for implementing human rights policy. Particular attention is paid to congressional actions, not only in debating and holding hearings on human rights issues, but especially in enacting laws to assure that U.S. foreign policy formulation and practice include consideration of the status of human rights in other countries.
Date: December 10, 1981
Creator: Bite, Vita

MX Intercontinental Ballistic Missile Program

Description: This report discusses the MX Intercontinental Ballistic Missile (ICBM),which is designed to be the most lethal strategic ballistic missile in the world. The missile was developed by the U.S. Air Force to augment the capabilities of the presently deployed ICBM force, which together with Submarine Launched Ballistic Missiles (SLBMs) and manned strategic bomber aircraft form the triad of U.S. strategic nuclear offensive forces.
Date: December 14, 1981
Creator: Medalia, Jonathan

The Crude Oil Windfall Profit Tax Act: Context and Content

Description: Debate over natural gas pricing has included the consideration of a windfall profit tax, with the oil windfall profit tax as a possible guide to what might be levied on natural gas at the wellhead. This report reviews the issues surrounding the enactment of the crude oil windfall profit tax, spells out its provisions, and provides data on the revenues collected and anticipated.
Date: December 17, 1981
Creator: Gelb, Bernard A.

Grants Work in a Congressional Office

Description: Congressional offices are often approached by constituents seeking funds for proposals of potential benefit to their State or district. This report discusses the grants process and varying approaches and techniques congressional offices have developed in dealing with grants requests.
Date: January 1, 1982
Creator: Newman, Rhoda

The Immigration and Nationality Act: Questions and Answers

Description: The basic United States law governing immigration and naturalization is contained in the Immigration and Nationality Act of 1952, as amended (8 U.S.C. 1101 -- et seq.). This report provides questions and answers to explain the way in which the Immigration and Nationality Act as amended through 1981 regulates the entry of aliens for permanent and temporary residence in the United States, and other major provisions of the law. Emphasis is placed on subjects which have been of particular interest to the Congress in recent years. This supersedes CRS Report No. 81-65 EPW.
Date: March 11, 1982
Creator: Vialet, Joyce

Civil Defense and the Effects of Nuclear War

Description: This Info Pack contains material on nuclear weapons and on the anticipated physical, economic, and social consequences of nuclear attacks on the United States, basic information on the civil defense program, and material discussing some of the arguments, pro and con, surrounding the civil defense issues.
Date: March 12, 1982
Creator: Library of Congress. Congressional Research Service.

Japan's International Trade Patterns, Institutions, and Policies

Description: This report presents an overview of Japan's performance in its trading relations. The report begins with a discussion of the development, size, and importance of Japan's international trading sector. It then examines the composition, institutions, and policies for trade. This is followed by a review of Japan's balance of payments, capital flows, value of the yen, and direction of trade.
Date: March 15, 1982
Creator: Nanto, Dick K.

Examining the Monetary Causes of the Economic Slowdown

Description: This issue brief investigates the effects of changes in money supply growth on the current economic conditions. The results presented are based upon a statistical methodology outlined in a CRS report (No.82-43E, March 1982) of the same title. The approach may be distinguished from most previous work along these lines in that it attempts to estimate the statistical significance of the 1979-82 deceleration in monetary growth. The resulting estimates are then employed in analyzing the timing implications of decelerating monetary growth for episodes of high and volatile interest rates, for lower inflation, and for unstable economic growth.
Date: April 5, 1982
Creator: Hull, Everson

Enterprise Zones

Description: The enclosed material discusses the concept of urban enterprise zones, outlines the administration's proposals for the zones, and includes the major arguments for and against their creation. Because of considerable congressional interest in the enterprise zone concept, we have included a comparison of the major bills relating to enterprise zones introduced in the 97th Congress along with a bibliography for those who desire to research the subject in greater detail.
Date: April 30, 1982
Creator: Breckenridge, Charlotte

Federal and State Authority to Regulate Radioactive Waste Disposal and Transportation

Description: There appears to be a growing controversy concerning whether a state has the authority to prevent the federal government from disposing of nuclear wastes within it and transporting nuclear wastes through it. Several states have statutes purporting to veto the federal government's action in these areas. This report investigates whether these state statutes may be unconstitutional and preempted by federal statutes and regulations.
Date: May 11, 1982
Creator: Seitzinger, Michael V

Automobile Domestic Content Requirements

Description: In response to the lowest drop of American produced automobile sales in two decades and other related conditions, legislation has been introduced that would impose domestic (local) content ratios for automotive vehicles. These would require that cars and trucks sold in the United States in large quantities contain a certain percentage of American parts and labor.
Date: May 18, 1982
Creator: Nanto, Dick K.