Update 867 – House Marathon Mark-ups:Reconciliation Tax, Spending Cuts OK’ed This week, the House Ways and Means, Energy and Commerce, and Agriculture Committees approved their portions of the GOP’s reconciliation bill following grueling, multiday markups. The harmful committee proposals pair $3.8 trillion in net tax cuts over ten years – a fourth of which would …
Update 837 — Key Nomination Hearings,CPI Report, CTC Bill Lead Week Roundup This week, Trump’s nominees for Treasury Secretary, HUD Secretary, and OMB Director faced pointed questioning by Democratic Senators ahead of coming confirmation votes by the committees of jurisdiction and the full Senate. The three nominees addressed a broad range of economic issues with …
Update 837: Nomination Hearings Lead Week’s Roundup Read More »
Update 801 – Job Gains Slow to 114KAs Congress Heads for August Recess This morning’s weaker-than-expected jobs report showing just a net 114,000 positions added in July suggests that the Fed’s decision earlier this week to hold interest rates steady instead of initiating cuts may have been too hawk-ish. With the labor market still strong, …
