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Congress · 117th Congress

OPEC production cuts add fuel to domestic energy debates

No. 1, they see the U.S. as potentially heading into a recession. They see the E.U. heading into a recession. China’s economy is still quite soft because of their internal COVID restrictions.”

Congress · 117th Congress

Biden signs major climate, health care and tax bill into law

The package is estimated to cut the federal deficit by about $300 billion over the next decade, thanks to revenue raisers that include a 15 percent minimum tax on the largest corporations, a 1 percent

Congress · 117th Congress

‘Chips and science’ bill on way to Biden’s desk

One of the big concessions to the House that senators did acknowledge was the authorization of a $1 billion pilot program for the Commerce Department to provide grants to help persistently distressed

Congress · 117th Congress

Semiconductor, science bill passes Senate, heads to House

The $11 billion Commerce Department authorization, all of which is on top of baseline funding, includes $10 billion for regional technology hubs and $1 billion for a pilot program to provide economic

Congress · 117th Congress

Senate NDAA has $13 billion extra for defense inflation

Defense inflation goes by a different measure, and it is not known what prices will be like for the Pentagon from Oct. 1, 2022, through Sept. 30, 2023, the time period covered by the legislation.

Congress · 117th Congress

House easily passes NDAA

The massive piece of legislation would authorize $1 billion in new military aid for Ukraine and force the Biden administration to keep developing a nuclear cruise missile that officials had wanted

Congress · 117th Congress

Moves to ban gas and oil imports from Russia gain steam

More than 1 million people have fled that country, including half a million children who are now refugees, according to UNICEF, the children’s charity arm of the U.N.

Campaigns · 117th Congress

GOP primary in Texas tests how far Trump loyalty should extend

The March 1 contest in a Republican stronghold north of Houston is the first major test during the 2022 primary season of how far Republicans are willing to go to adopt Trump’s personal grievances

Congress · 117th Congress

House passes compromise defense policy bill

It also would prohibit reductions to the operational capability of any B-1 bomber aircraft squadrons until the Air Force starts fielding the stealth B-21 bomber.

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

Congress · 117th Congress

With GOP sidelined, Manchin steps up to defend fossil fuels

For the 2022 election cycle, Manchin is the No. 1 recipient among all lawmakers of campaign contributions from the coal mining, mining, natural gas transmission and distribution and oil and gas industries

Policy · 117th Congress

Top Republican wants even ‘more money’ for defense

A redefined conversation <p id="h-last-month-the-senate-armed-services-committee-voted-25-1-behind-closed-doors-to-adopt-an-amendment-that-would-endorse-the-5-percent-boost-to-defense-spending">Last

Policy · 117th Congress

Infrastructure bill would transform energy, but maybe not enough

Multibillion-dollar natural disasters — events that cost more than $1 billion to clean up — have cost the U.S. an average of $47.6 billion a year from 1980 through 2020, according to the National

Congress · 117th Congress

Senate committee proposes big Pentagon funding boost

It does not appear the panel added money for procurement of unrequested F/A-18E/F Super Hornets, after House appropriators proposed adding nearly $1 billion worth in their spending bill.