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On October 31, 2007, the Senate Foreign Relations Committee voted to recommend Senate advice and consent to U.S. adherence to the 1982 U.N. Convention on the Law of the Sea and the 1994 Agreement Relating to Implementation of Part XI of that Convention. This followed the statement by President Bush on May 15, 2007, urging “the Senate to act favorably on U.S. accession” to the Convention. CRS Issue Brief IB95010, The Law of the Sea Convention and U.S. Policy, serves as a basic CRS source for discussion of issues related to the United States and the Convention and Agreement, whereas this report focuses on events and issues that emerged since October 2003. It summarizes the committee’s proposed resolution of advice and consent in 2004 and presents some of the issues raised in support of and in opposition to U.S. adherence.

This report assesses 2007 farm bill trade title provisions for U.S. agricultural export programs. Moreover, the report considers the modifications made to both the Senate and House of Representatives version of the bill to meet World Trade Organization (WTO) regulations.

This report considers a variety of programs submitted to Congress to reduce greenhouse gases (GHGs). Specifically, programs that have market implications are getting the most attention. Moreover, the report compares these programs to the current Title IV programs.

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This report provides an overview of corporate tax issues and discusses potential reforms in the context of these issues, with particular attention to some of the recent research concerning large behavioral responses and their implications for revenue and distribution.

This report discusses the reauthorization of United States food aid programs by Congress as part of the 2007 farm bill. This includes past international and domestic applications of food aid, its issues, and congressional action. Report updated on January 25, 2008.