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CRS851001Epage25
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countries, because any exports in excess of the negotiated market shares "would have to be offset later in the program. Finally, this analysis has focused only on the congressional steel import market share target of 20.2 percent, rather than the President's target of 18.5 percent of only finished steel products. Publicly available data are not sufficiently detailed to distinguish between
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The homeless: Editorial commentary
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1986
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Summary
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Homelessness is sometimes the condition of the deinstitutionalized mentally ill, the aged, the voluntarily idle and the temporarily unemployed; and of runaway youth, destitute families, drug addicts, street beggars and alcoholics - in urban and rural areas. There appears to be no single set of characteristics shared by the homeless except being poor without housing, and often lacking food and medical care as well. This Editorial Commentary looks at the "problems" of the homeless and those who search for remedies using selected editorials. It also covers actions taken by local and State governments to address the problems. The Editorial Commentary includes an introductory section of newspaper articles on the homeless. It is divided into sections - one focusing on the problem; the other on actions that have been taken to deal with the problem. Both sections are arranged in reverse chronological order. The editorials were selected from the editorial collection maintained by the Library Services Division.
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CRS851001Epage11
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products; Japan - 5.80 percent of finished products and 100,000 tons of semifinished steel; Mexico - 0.36 percent of finished products and 100,000 tons of semifinished steel; Poland — 90,000 tons of all steel products; ;Romania - 150,000 tons of all steel products; South Africa - 0.42 percent of finished products and 100,000 tons of ; semifinished steel; South Korea - 1.90 percent of finished products
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CRS851001Epage13
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CRS851001Epage09
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, Romania, South Africa, South Korea, Spain, and Venezuela. §/ In 1984, these countries accounted for more than 56 percent of total steel imports into the United States and had a combined market .. Q share of about 15 percent of the U.S. steel market. 2/ Under the VERs, the 14 countries would be permitted to supply between 12.1 and 12.3 percent of the U.S. steel market from 1986 to 1989. These shares
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CRS851001Epage15
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that the rest of of the world would have to compress their exports substantially. Indeed, the ‘ rest of the world —~ including two major suppliers, the EC and Canada —- would have to reduce their market share from about 11.8 percent through July 1985 to about 8.0 percent, or by approximately 32 percent, if the congressional steel import share target of 20.2 percent is to be met. 12/ As it stands, the combined
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Title
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The Tax Reform Act of 1986 (h.r. 3838): Effective versus statutory marginal tax rates
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Date
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1986
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Summary
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Under the Tax Reform Act of 1986 (H.R. 3838) there would be only two statutory marginal tax rates for individuals, 15 and 28 percent. In addition to reducing statutory marginal tax rates, H.R. 3838 would phase out certain tax provisions over various income ranges. These phaseout provisions would produce an effective marginal tax rate schedule considerably different from the statutory schedule. This paper describes the phaseout provisions contained in H.R. 3838 and analyzes their effects on marginal tax rates.
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CRS851001Epage07
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as AISI, Steel Imports Surge Again in August)= 4/ P0 20 5/ Ibido, P0 40 .§/ AISI, 1984 Annual Statistical Report. p. 55. 1]‘ Compiled by CRS, using as sources: American Iron and Steel Institute. Imports of Steel Mill Products by Country of Origin. July 1985. Washington, 'l985, and AISI, Steel Imports Surge Again In August. p. 4.
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CRS851001Epage05
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the President's program. Section 8S3 of the Act established an import market share target for all steel products of 20.2 percent for the five years «of the President's program. By the end of September l985,.the USTR.had concluded VERs‘with 14 countries. I These VERs allocated somewhat more than 12 percent of the U.S.°steel market to the 14 countries, down from about 15 percent in all of l98A
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CRS851001Epage03
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ABSTRACT The President's steel import restraint program has as its goal limiting imports of steel to 18.5 percent of the U.S. market for finished steel products and 20.2 percent for all steel products. One year after the announcement of the program, it appears that the goal for all steel productslwill only partially be achieved for the 1986-89 period. The import market share for all steel
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CRS851001Epage01
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U3-l.U0]. E '~:1£fl /00”} Congressional Research Service i runu JUL 22 1994 washmgtoir Unsversrty Libraries St. Louis. MO 63130 " ‘ . ‘\‘}av. " i%"&..* ‘H A:/“-7; THE PRESIDENT'S STEEL IMPORT BROGRAM: ONE YEAR LATER David J. Cantor Specialist in Industry Economics Economics Division October 16, 1985 The Library of Congress Goviernmrent Publications?
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