This report provides a basic explanation of how to calculate the federal estate tax for a taxable estate of any given size, using the schedule of marginal tax rates and the applicable credit amount for the year of death.

This report discusses the Deepwater program, which is a 20- to 25-year acquisition effort to replace or modernize 93 aging Coast Guard ships and 207 aging Coast Guard aircraft. The program’s estimated total acquisition cost is $19 billion to $24 billion. On March 25, 2005 the Coast Guard submitted to Congress a revised implementation plan for the program that alters the planned capabilities and numbers of Deepwater assets and the schedule for acquiring or modernizing them. Some Members of Congress have criticized the revised implementation plan. The Coast Guard’s proposed FY2006 budget requests $966 million for the program.

This report provides background information for three types of attacks against computers (cyber-attack, physical attack, and electromagnetic attack), and discusses related vulnerabilities for each type of attack. The report also describes the possible effects of a coordinated cyberattack, or computer network attack (CNA), against U.S. infrastructure computers, along with possible technical capabilities of international terrorists.

While introduction of energy legislation in the 109th Congress is pending, it remains unclear what its course may be. Some believe that the results of the fall 2004 election have heightened prospects for opening up the Arctic National Wildlife Refuge (ANWR) to oil and gas development, and the Republican leadership has indicated that ANWR is to be included in the budget resolution that will come before Congress. Senate Energy and Natural Resources Committee Chairman Pete Domenici has indicated that the committee will mark up a comprehensive bill in February. However, Senator Domenici also expressed openness to considering individual bills; he and others are interested in legislation to establish a long-term leasing plan for natural gas resources.

This updated report summarizes the debate on the government policy regarding industrial competitiveness and technological advancement and its influence on the U.S. economy. It discusses the most recent developments, dives into the background and analysis of the topic, and talks about Congress' plans and approach.

None

None

None

y In the 108th Congress, companion bills were introduced (S. 1668/H.R. 3213) that, if enacted, would have established a Commission on the Accountability and Review of Federal Agencies (CARFA). The proposed CARFA Act would have required this 12-member presidentially appointed commission to review non-defense, non-entitlement federal agencies and programs to determine if any agencies or programs are duplicative, wasteful, inefficient, outdated, irrelevant, or failed.

None

In January 2005, Viktor Yushchenko became Ukraine’s new President, after massive demonstrations helped to overturn the former regime’s electoral fraud, in what has been dubbed the “Orange Revolution,” after Yushchenko’s campaign color. The “Orange Revolution” has sparked a great deal of interest in Congress and elsewhere. This report examines the current political climate in Ukraine and policy issues for the U.S.

None

None

None