Mike & Co. — House and Senate budget negotiators said tonight they are near final terms on text of legislation covering the FY 2016 budget, the extenders, and more. Before midnight, they hope they can release the draft bill, negotiated quietly but relentlessly for five days now, and proceed to votes on Thursday. More on the main terms of …
Mike & Co. — Congressional negotiators appear near a bipartisan deal on a year-end spending and tax package tonight that would increase domestic and military funding, lift the ban on crude oil exports and extend several tax breaks for businesses and individuals. The omnibus negotiations have been going on around the clock almost without pause since Friday but every passing …
Mike & Co. – The annual session-end crunch is on in Congress, with several big-ticket items under negotiation. As predictable as this yearly jam is, the outcomes are not at this stage. Congress is searching for just the right mix of provisions and bills until a permutation that can guarantee passage is found. Until then, …
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. — 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., 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. — 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 — …
Mike & Co. — The pattern is familiar from last month’s CR and almost every must-pass piece of legislation considered by Congress the past five years — there is majority support for a solution but it cannot come to a vote until the House has considered an alternative proposed by the Freedom Caucus that cannot …
Mike and Co., The season of surprises continues. Along with a disappointing September jobs report, we got word from Treasury last week that the debt limit deadline is now Nov. 5. A look at the impact on markets and the political state of play. Best, Dana ——— Last week, Treasury wrote in a letter to outgoing …
Mike & Co. As the dust settles slowly on the Hill following the shock the Boehner resignation/retirement, it’s easier to see where we stand on the fiscal and financial issues immediately affected by it. Trump and his tax plan make a cameo (he’s great). Best, Dana ———— For the third straight year, the federal government …
Fiscal/Financial Issues as the Dust Settles (Sep. 29) Read More »
