This study addresses the role of capital gains tax reductions in stimulating new firm formation, innovation, and growth through venture capital investments and tax-favored stock options.

This report mainly focuses on the Summary of Supreme Court Decisions of Capital Punishment during the 1978-98 Term where the cases reveal distinct characteristics.

this report mainly focuses on the Summary of Supreme Court Decisions of Capital Punishment during the 1998-99 Term. This case reveals distinct characteristics.

Legislation provides Caribbean countries similar tariff benefits as Mexico under the Caribbean and Central American Relief and Economic Stabilization Act. A senate bill provides relief to the hurricane affected countries of Central America. The senate bill is more restrictive than the House bill in the scope of tariff benefits offered.

This report provides basic eligibility rules, recipient numbers, and FY1996-FY1998 expenditure data for 80 programs that have provided cash or non-cash benefits to low-income persons.

This report consists of CBI/NAFTA parity proposals with a comparison.

The tariff and quota treatment of U.S. imports from Mexico under the North American Free Trade Agreement has resulted in a distinct and increasing competitive disadvantage for imports from the beneficiary countries of the Caribbean Basin Economic Recovery Act (CBERA). To eliminate this disadvantage, proposals have been made to extend to imports from Caribbean Basin countries preferential treatment equivalent to that accorded imports of identical goods from Mexico. This report compares the provisions of four such proposals: Title I of H.R. 984, Title I of S. 371, H.R. 1834, and S. 1389.

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This report addresses Centralized Collection and Disbursement of Child Support Payments.

This report examines the subsidies that families might receive under the Child Care and Development Fund(CCDF) and the Dependent care tax credit(DCTC) and the subsequent out-of-pocket costs they might bear, depending on their income and the state in which they live.

This report tracks trends in and legislation considered by the 105th Congress in regard to China.

This report examines factors which might be relevant for U.S. policy towards Macau after it reverts to Chinese administration on December 20, 1999. It includes a brief background to the reunification, followed by the discussion of economic and social factors which make the case of Macau different for China than the case of Hong Kong, as well as Macau's economic relevance to the United States.

The Chinese government has strongly criticized U.S. announcements that it will develop or assist in deploying missile defense systems involving cooperation with U.S. allies in East Asia, and reports of such possible U.S. cooperation with Taiwan. For those in the United States, the U.S. plans have many perceived disadvantages and advantages;1 the latter include notably providing degrees of protection for the United States and its allies against ballistic missile attack. Many in China believe that proposed U.S. development and deployment of ballistic missile defenses at home and in East Asia pose potentially serious complications for China’s ability to use its nuclear weapons to deter possible U.S. pressure and aggression, and to use Chinese ballistic missile capability to exert leverage over Japan, Taiwan, and others in East Asia.

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 addresses implications for U.S. economic interests related China’s response to the Global Financial Crisis.

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This Issue Brief discusses clean air issues that arose in the 105th Congress. CRS Issue Brief IB10004 addresses the 106th Congress.

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The 1990 Clean Air Act amendments established an operating permit system that is affecting many new and existing sources of air emissions, as well as state and local air pollution control agencies. After delays and early missteps, the operating permit program is moving ahead. All state and local programs have received interim or full approval, and permits are being issued, although at a slower rate than anticipated. However, a number of issues exist. These include the effect of key federal regulations, not yet promulgated, on permit programs and regulated sources; adequacy of state resources; gaining full approval for those permit programs that now have interim approval; and oversight.

October 1997, Vice President Gore directed federal agencies to develop a Clean Water Initiative to improve and strengthen water pollution control efforts. The multi-agency plan was released on Feb. 19, 1998, and identifies more than 100 key actions. Most are existing activities, now labeled as part of the Initiative. The President's FY1999 budget requested $2.2 billion for five departments and agencies ($568 million more than in FY1998) to fund implementation. By October 1998, Congress passed bills to fund the plan, but appropriations provided $1.8 billion, or less than 15%, of the requested increases. In the meantime, however, federal agencies are beginning or accelerating activities to carry out the actions under the Plan.

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In 1990, Congress enacted legislation requiring coastal states and territories to develop programs to help address the problem of nonpoint source pollution in coastal waters, which are especially threatened by pressures of population growth, development, and pollution. The coastal nonpoint pollution program is unique because it expressly links federal and state coastal zone management and water quality programs. Coastal states are now implementing these requirements. Congress has not changed the program since its enactment, but legislative activity in the 106th Congress is possible. One issue receiving attention is whether to integrate the coastal nonpoint pollution program with the activities under the Coastal Zone Management Act.

This report provides a brief overview of the evolution of commemorative legislation. It also summarizes the various laws, rules, and procedures Congress has adopted in establishing criteria for the consideration and enactment of commemorative legislation.

Several times during the 1990s the Supreme Court struck down federal enactments as exceeding Congress' power under the Commerce Clause or Tenth Amendment. This report briefly reviews three of these decisions -- United States v. Lopez, New York v. United States, and Printz v. United States. Its focus, however, is how these cases have played out in subsequent lower-court challenges to federal environmental laws. The report shows that Supreme Court rulings in favor of these states notwithstanding, such laws have generally, though not always, been found within Commerce Clause and Tenth Amendment limits.