Senior Senate Finance and House Ways and Means staff were at the negotiating table much of this weekend, working on a growing tax extenders-plus package now rumored to cost in the $700-800 billion over ten-year ballpark. The package began with the Senate Finance bill reported in July extending or making permanent the 50-odd tax breaks known as …
Mike & Co. — The November jobs report (200,000-plus net jobs added) is another key green light to a Fed primed to lift rates in two weeks. FWIW, reported from Shelby last night re talks with Tester on Shelby 2.0: “We’ve been talking even tonight — we’re trying to see if we can work out …
Mike & Co. — Below, a closer look at some of the many distinctive features of the Highway Trust Fund reauthorization that is likely to be voted on in the House today and the Senate next week, focusing on the offset provisions. Also note the coda on the Zadroga saga. Best, Dana Section by Section …
Mike & Co. — The holiday season ends December 16, apparently. On that day, almost all now agree, the seven-year national zero-interest rate season will end. It is as baked in as the sun in the morning — barring calamity in the November jobs report, of course. All year long Senate Banking Chair Shelby has …
Mike & Co. — Below, a closer look at some of the many distinctive features of the Highway Trust Fund reauthorization that is likely to be voted on in the House today and the Senate next week, focusing on the offset provisions. Also note the coda on the Zadroga saga. Best, Dana ———- Section by …
Mike & Co. — Hi again — hope everyone got a little downtime and home time during the Thanksgiving break. Congress is back in now for the home stretch to year-end adjournment, for which no target date has been set. The first deadline it faces is passing a long-term infrastructure bill after approving yet another …
Mike & Co. — Positions are already being staked out in anticipation of a compromise on financial regulatory policy next month as part of a long-term extension of the FY 2016 Continuing Resolution. How deployments look right now is sketched out below. Great weekends, everyone… Dana ———- The terms of engagement for year-end changes …
Mike & Co., A quick review of where topline issues stand after last week, followed by events of note this coming week. Tomorrow, a focus on what the Fed is facing next month or one of the items below if you’re fed up with Fed watching. Best, Dana ———- Last Week Highway Trust Fund to …
Mike & Co. — The most significant personnel question opened up by Paul Ryan’s promotion was resolved this evening when the GOP members of House Ways and Means elected Kevin Brady of Texas the Committee’s new Chair, succeeding Ryan. So the parlor game now is what this means for comprehensive tax reform. Some say …
Mike & Co., The House continues work this week on reauthorization of the Highway Trust Fund (HTF). It is considering a bill for up to $325 billion on transportation projects over the next six years, $261 billion on highways, $55 billion on transit and approximately $9 billion on safety programs — but it still must come …
