This report

This report discusses the U.S. Department of Agriculture and Related Agencies Appropriations for FY2000.

The capital gains tax has been a tax cut target since the 1986 Tax Reform Act treated capital gains as ordinary income. An argument for lower capital gains taxes is reduction of the lock-in effect. Some also believe that lower capital gains taxes will cost little compared to the benefits they bring and that lower taxes induce additional economic growth, although the magnitude of these potential effects is in some dispute. Others criticize lower capital gains taxes as benefitting higher income individuals and express concerns about the budget effects, particularly in future years. Another criticism of lower rates is the possible role of a larger capital gains tax differential in encouraging tax sheltering activities and adding complexity to the tax law.

This report contains an overview of Premier Zhu Rongji's first official vist to the United States. This report provides the U.S.-China troubles and individual goals and constraints.

This report presents arguments for and against congressional resolutions to disapprove President Clinton’s February 26, 1999 certification of Mexico as a fully cooperative country in efforts to control illicit narcotics.1 These resolutions (H.J.Res. 35--Bachus, and H.J.Res. 43--Mica and Gilman) would disapprove the President’s certification, but would permit him to avoid withholding of assistance to Mexico if he determined that vital national interests required such assistance.

Most federal agencies have submitted their second performance plans (for FY2000) that were mandated by the Government Performance and Results Act of 1993, P.L. 103-62. The GAO and congressional groups have assessed implementation activities

This report discusses gun industry liability issues after the Maryland Court of Appeals announced that it was changing the common law "to hold the manufacturers and marketers of Saturday Night Special handguns strictly liable to innocent persons who suffer gunshot injuries from the criminal use of their products." Kelley v. R.G. Industries, Inc., 497 A.2d 1143, 1159 (Md. 1985).

This report discusses the legislative branch appropriations bill, which is one of the regular appropriations bills that Congress normally enacts each year for the fiscal year beginning on October 1. The report provides budget authority, which is statutory authority to spend specified amounts of money, for expenditures of the legislative branch for the fiscal year, including salaries.

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This report provides background information on Slovenia who seeks membership in the European Union and NATO and is considered to be among the top candidates currently aspiring to join each organizations.

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Many companies or governmental entities provide or use transportation systems that are heavily dependent on computers, software, and other technologies that do not have Y2K problems, e.g., they are Y2K compliant or ready. Some transportation systems, however, still use technologies with Y2K problems, which if left uncorrected, could pose safety risks or efficiency concerns on or after January 1, 2000. The extent and nature of those impacts are expected to vary among the modes of transportation and among various providers or users. In addition, Y2K-related problems occurring in the communications and energy industries could reduce the safety and efficiency of some transportation systems in early January 2000. Operations at some foreign ports and international air traffic control systems with Y2K problems also could adversely affect shipments and flights into and out of the United States. The total amount that has been spent to assess and fix Y2K problems affecting transportation is not known, but estimates suggest that at least $1 billion of private sector, transit authority, and federal funds have been or will soon be allocated for that purpose.

The federal government sends and receives data from the states in support of many social service programs. Examples of such programs are: Medicare, Medicaid, Welfare, Food Stamps, and Unemployment Insurance. The federal government will not be able to deliver critical social services if data exchanges with state governments are not Y2K- compliant, yet there is no complete picture of their readiness.