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 …
Mike & Co. — The top-lines on FY 2016 domestic and military spending settled, there remains work on how that funding should be divvied up among agencies and federal programs. In the coming weeks, the Appropriations Committees will begin crafting an omnibus spending bill that must be signed into law by Dec. 11 to keep the government …
Mike & Co., The busiest week of the session so far was John Boehner’s last as Speaker. Amid the speakership transition, several big-ticket fiscal and financial items moved. What happened and where they stand, ex. the budget, in brief roundup below. As always, contact me for clarification, elaboration, etc. Great weekends all and let’s …
Mike & Co. — A bombshell of a budget agreement between the White House and Congressional leadership was announced last night that would raise the debt limit through March 2017 and remove cuts mandated under the Sequester through September 2017. In fact, Sequester spending would increase by $80 billion over FY 2016 and 2017 — …
