Update 899 — Shutdown in Stalemate;Trump Resorts to Partisan Scare Tactics The government funding stalemate for the fiscal year starting October 1 resulted in a shutdown this week with no end in sight. Meanwhile, the Trump administration took a partisan turn, canceling infrastructure funding in blue cities/states and using agency web pages and email autoreplies …
Update 898 – Govt Stuck in Shutdown:Drill Down on Off-Ramps and Impact At 12:01 a.m. this morning, the federal government was thrust into a shutdown, as Congress failed to pass short-term funding that would keep the government running past yesterday’s expiration of fiscal year 2025. Democrats and Republicans are split over proposals for a short-term …
Update 897 – Trump’s Shutdown Threat:Mass Gov’t Firings without Budget Deal Congressional leaders remained at an impasse this week on federal government funding beyond October 1, leaving four days until a government shutdown kicks in, absent an agreement. Democrats want healthcare concessions in exchange for their votes – seven of which are necessary to reach …
Update 896 – Trump’s New H-1B Visa: Whopping Cost for American Employers On Friday, the President drastically raised the cost and requirements for high-skilled workers to be employed in the United States on an H-1B visa. His unilateral Executive Action leaves an uncertain future for American companies that depend on highly specialized foreign workers. While …
Update 895 – Sliding toward ShutdownFY26 Status Leads Week’s Round-Up With only 10 days left for Congress to approve and Trump to sign a Fiscal Year 2026 (FY26) budget to avoid a shutdown, the House voted today to advance a Republican CR proposal that would fund the government through November 21. But the Senate quickly …
Update 894 – Fed Cuts Rates 25 BPs; Only Dissent: Trump-Nominated Miran The Federal Reserve cut interest rates by 25 basis points, as expected, at the conclusion of its September FOMC meeting this afternoon. Fed Governor Stephen Miran, who has not resigned from his position at the White House, dissented, voting instead for a 50 basis …
Today, 20/20 Vision joined Americans for Tax Fairness and 99 other public service organizations in a letter announcing strong support for the Billionaires Income Tax Act. This legislation, introduced by Senator Ron Wyden (D-OR) and Representatives Donald Beyer (D-VA) and Steve Cohen (D-TN), would put an end to the “Buy, Borrow, Die” loophole and ensure …
Update 893 – Macro Muddle Faces Fed; Democrats’ Shutdown Strategy Emerges The nation’s macroeconomic picture got murkier this week, with CPI showing August prices rising by the most since January, even as jobless claims jumped by the most in four years this week and unemployment edged up last month — “a curious kind of balance,” …
20/20 Vision was proud to join with over 350 other organizations in a letter urging Congress to make enhanced premium tax credits permanent and repeal healthcare cuts included in the Republican reconciliation bill (OBBB).
Update 892 – SBC OK’s Miran for Fed;Court Allows Cook to Remain on Board President Trump’s effort to stack the board of the Federal Reserve with friendly voices advanced today as Stephen Miran, Chair of the White House Council of Economic Advisors, was confirmed by the Senate Banking Committee to a seat on the Federal …
