Congress · 117th Congress
Top areas of House budget package that could see changes
That parole period, applicable to individuals who entered the U.S. prior to Jan. 1, 2011, can be extended but not beyond Sept. 30, 2031.
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Congress · 117th Congress
Analysis: Budget bill would mostly raise taxes on top 1 percent
Democrats’ roughly $2 trillion tax and spending package would spell a tax cut for most households not in the top 1 percent of earners in 2022, an analysis from the Tax Policy Center found.
Congress · 117th Congress
Defense, veterans groups press for new appropriations
precious time and money our nation cannot recover,” wrote Hawk Carlisle, National Defense Industrial Association president and CEO, and Arnold Punaro, chairman of its board, in one of the letters, a Nov. 1
Policy · 117th Congress
SEC’s Peirce sees room to regulate stablecoins through bank ‘lens’
The President’s Working Group on Financial Markets, a task force of regulators focused on promoting market stability, issued a report on Nov. 1 calling on Congress to move quickly to enact legislation
Congress · 117th Congress
Defense policy amendments pour in ahead of floor action
James Lankford, R-Okla., submitted an amendment that would block the Pentagon from enforcing its mandate for servicemembers until any exemption requests filed before Dec. 1, 2022, are resolved.
Congress · 117th Congress
GOP would amend defense bill to block immigration settlements
“I’m open to any and all legislative options to ensure that an approximate $1 billion of taxpayer dollars does not go to illegal immigrants,” he said.
Congress · 117th Congress
House sends infrastructure bill to Biden without budget vote
Malinowski, who had originally backed a more sweeping infrastructure bill that passed the House July 1, said while the bill “may not give us everything we wanted, it does give us everything we need
Congress · 117th Congress
Leahy says GOP intransigence on spending threatens defense
Iron Dome, a missile defense program for Israel with strong bipartisan support, would be reduced from $1 billion requested by proponents for fiscal 2022 to $73 million, Leahy said.
Congress · 117th Congress
House Democrats, Republicans clash over Texas abortion law
But Republicans have defended the law’s success in preventing abortions since it was implemented Sept. 1. “I am just a bit curious what the purpose of today’s hearing is.
Congress · 117th Congress
Tax changes keep coming as Democrats seek budget bill votes
Now the bill includes a one-year expansion and almost $4 billion available through 2026 for the IRS, along with another $1 billion for the Treasury Department to support enrollment and administration
Policy · 117th Congress
Census may have missed more than 1 million, report suggests
[Census: California, Northeast, Midwest lose House seats] The Urban Institute estimated a close to 1 percent net double count in Minnesota, contributing to the state keeping all of its House
Congress · 117th Congress
Sanders opposes plan to scrap ‘SALT’ cap, then restore it
Senate Budget Chairman Bernie Sanders, I-Vt., said the proposal could cut taxes by $475 billion over five years, including lowering taxes for the richest 1 percent of households to below where they
Congress · 117th Congress
Revised budget bill cuts more than $10 billion in transportation funds
The newest version of the bill also cuts to $300 million what had been a $1 billion competitive grant program to encourage the development of sustainable aviation fuel.
Congress · 117th Congress
Key justices skeptical of Texas abortion law structure
If the potential minimum penalty were raised to $1 million under a similar law in a different state, it would take “a lot of fortitude” to violate it, Roberts said.
Congress · 117th Congress
Ten key climate and energy elements in reconciliation package
DOE renewable unit If the legislation becomes law, the Energy Department would get $1 billion for its energy efficiency and renewable energy unit to pursue demonstration projects and nearly as much
Policy · 117th Congress
US, EU compromise on steel levy, seek carbon deal to curb China
EU drops retaliatory tariffs In return, the EU will end retaliatory duties on selected U.S. products, removing the threat of doubling those tariffs to 50 percent on Dec. 1.
Congress · 117th Congress
Democrats tout climate spending in reconciliation
The legislation also would raise revenues by increasing royalty rates and fees on oil and gas operations on federal lands and establish a new hard rock mining royalty projected to raise as much as $1
Policy · 117th Congress
Reports show lobbyists get more active on ESG as SEC works on climate rule
The reports, which were due Oct. 20, cover lobbying activity from July 1 through Sept. 30.
Congress · 117th Congress
GOP blasts vaccine mandate, and defense contractors are fretting
Raytheon had already issued its own corporate vaccine mandate, but with a Jan. 1 deadline.
Congress · 117th Congress
Biden makes $1.75T sales pitch to House Democrats
An additional $125 billion would come from a 1 percent surcharge that would be levied on corporations when they buy back shares of their own stock.