The Army is composed of both an Active Component (AC) and a Reserve Component (RC). The AC consists of soldiers who are in the Army as their full-time occupation. The RC consists primarily of soldiers who serve part-time but who can be ordered to full-time duty. The Army's RC is made up of both the Army National Guard (ARNG) and the United States Army Reserve (USAR). AC/RC force mix refers to the distribution of units among the active and reserve components of the armed forces.1 Debates over AC/RC mix center on whether to shift force structure between the AC and the RC and, if so, what types...
The Army is composed of both an Active Component (AC) and a Reserve Component (RC). The AC consists of soldiers who are in the Army as their full-time...
The Earned Income Tax Credit (EITC) is a refundable tax credit available to eligible workers earning relatively low wages. Because the credit is refundable, an EITC recipient need not owe taxes to receive the benefit. Eligibility for and the amount of the EITC are based on a variety of factors, including residence and taxpayer ID requirements, the presence of qualifying children, age requirements for childless recipients, and the recipient's investment income and earned income. Tax filers with income above certain thresholds-these thresholds are based on marital status and number of...
The Earned Income Tax Credit (EITC) is a refundable tax credit available to eligible workers earning relatively low wages. Because the credit is refun...
One of the chief objectives of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA) is to promote financial stability within the United States, without the need for emergency governmental assistance to troubled firms. To achieve this goal, the DFA establishes a heightened regulatory regime for certain, generally large "covered financial institutions." A pillar of this heightened regulatory regime is that each covered financial institution must submit "credible" plans to the Board of Governors of the Federal Reserve System (FRB) and the Federal Deposit Insurance Corporation...
One of the chief objectives of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA) is to promote financial stability within the United...
The FY2015 continuing appropriations resolution (H.J.Res. 124, P.L. 113-164, CR), enacted on September 19, 2014, authorizes the Department of Defense through December 11, 2014, or until the passage of a FY2015 national defense authorization act (NDAA), to provide overt assistance, including training, equipment, supplies, and sustainment, to vetted members of the Syrian opposition and other vetted Syrians for select purposes. The CR provision was enacted in response to President Obama's request for authority to begin such a program as part of U.S. efforts to combat the Islamic State and other...
The FY2015 continuing appropriations resolution (H.J.Res. 124, P.L. 113-164, CR), enacted on September 19, 2014, authorizes the Department of Defense ...
North America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The United States now meets 66% of its crude oil demand from production in North America, displacing imports from overseas and positioning the United States to have excess oil and refined products supplies in some regions. The...
North America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of sh...
The future of oil and natural gas production in Mexico is of importance for both Mexico's economic growth, as well as for U.S. energy security, a key congressional interest. Mexico is a top trade partner and crude oil supplier to the United States. Mexico's state oil company, Petroleos Mexicanos (Pemex) remains an important source of government revenue even as it is struggling to counter declining oil production and reserves. Due to an inability to meet rising demand, Mexico has also significantly increased natural gas imports from the United States. Still, gas shortages have hindered the...
The future of oil and natural gas production in Mexico is of importance for both Mexico's economic growth, as well as for U.S. energy security, a key ...
The Defense Production Act (DPA) of 1950 (P.L. 81-774, 50 U.S.C. Appx 2061 et seq.), as amended, confers upon the President a broad set of authorities to influence domestic industry in the interest of national defense. The authorities can be used across the federal government to shape the domestic industrial base so that, when called upon, it is capable of providing essential materials and goods needed for the national defense. Though initially passed in response to the Korean War, the DPA is historically based on the War Powers Acts of World War II. Gradually, Congress has expanded the term...
The Defense Production Act (DPA) of 1950 (P.L. 81-774, 50 U.S.C. Appx 2061 et seq.), as amended, confers upon the President a broad set of authorities...
The Islamic State is a transnational Sunni Islamist insurgent and terrorist group that has expanded its control over areas of parts of Iraq and Syria since 2013. It threatens the governments of both countries and potentially several other countries in the region, and has drawn increased attention from the international community. There is debate over the degree to which the Islamic State organization might represent a direct terrorist threat to the U.S. homeland or to U.S. facilities and personnel in the region. The forerunner of the Islamic State (IS) was part of the insurgency against...
The Islamic State is a transnational Sunni Islamist insurgent and terrorist group that has expanded its control over areas of parts of Iraq and Syria ...
The Agriculture appropriations bill funds the U.S. Department of Agriculture (USDA), except for the Forest Service. It includes the Food and Drug Administration (FDA) and-in the House and in even-numbered enacted fiscal years-the Commodity Futures Trading Commission (CFTC). FY2015 began under a 10-week continuing resolution (P.L. 113-164) that lasts until December 11, 2014. Accounts are funded at 99.9446% of their FY2014 amounts, and any conditions in the FY2014 appropriation continue to apply. The CR increases the Commodity Supplemental Food Program by $6 million, and allows the FDA to...
The Agriculture appropriations bill funds the U.S. Department of Agriculture (USDA), except for the Forest Service. It includes the Food and Drug Admi...
Congress has long been concerned with the well-being of older youth in foster care and those who have recently emancipated from care without going to a permanent home. Research on this population is fairly limited, and the few studies that are available have focused on youth who live in a small number of states. This research has generally found that youth who spend time in foster care during their teenage years tend to have difficulty as they enter adulthood and beyond. The Chafee Foster Care Independence Act (P.L. 106-169), enacted in 1999, specified that state child welfare agencies...
Congress has long been concerned with the well-being of older youth in foster care and those who have recently emancipated from care without going to ...