“In 2009, China overtook the United States to become both the world’s largest producer of and market for motor vehicles,” a new report from the Congressional Research Service notes.
That is not altogether bad news. “Every year since 2010, General Motors has sold more cars in China (through exports and its joint ventures there) than in the United States,” CRS said. “On the other hand, China maintains a number of trade and investment barriers that affect trade flows in autos and auto parts.”
See U.S.-Chinese Motor Vehicle Trade: Overview and Issues, May 13, 2013
Other new and updated reports from the Congressional Research Service that Congress has declined to make publicly available include the following.
Women in Combat: Issues for Congress, May 9, 2013
The Peace Corps: Current Issues, May 10, 2013
The Federal Budget: Issues for FY2014 and Beyond, May 9, 2013
A supply-side tax credit (STC) could offer a tax incentive to material suppliers and professional service consultants that provide goods or services to affordable housing projects.
The Department of Housing and Urban Development (HUD), Department of Commerce, and Department of Transportation should jointly develop and manage a data resource—a Housing Production Dashboard—to track housing production within and across states.
Exempting affordable housing from volume caps would address the underlying issue and have the greatest impact in this housing emergency.
To increase the supply of affordable homes, Congress should make greater investments in the National Housing Trust Fund (HTF).