Heard On The Hill · 117th Congress
Photos of the week ending July 23, 2021
(Tom Williams/CQ Roll Call) [jwp-video n=”1″]
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Campaigns · 117th Congress
Trump backed his opponent. Jake Ellzey is still putting up a fight in an all-GOP Texas runoff
Both factors were widely thought to have made Susan Wright a shoo-in for the seat after the May 1 all-party special election resulted in an all-GOP runoff.
Congress · 117th Congress
Unfinished infrastructure deal faces uncertain vote
The House passed its own $767 billion highway and water bill July 1, which DeFazio has lauded as “transformative,” especially on policies dealing with climate change.
Congress · 117th Congress
Wyden pitches curbs on tax break for noncorporate businesses
The Joint Committee on Taxation has estimated that taxpayers earning more than $1 million have claimed more than half the deduction’s benefit, for instance.
Policy · 117th Congress
GameStop case pushes securities market toward faster settlement
Lee anticipates T+1, or one-day settlement, as the first step. Going to same-day settlement faces obstacles, such as the different banking hours in Europe and the United States.
Congress · 117th Congress
GOP unity on spending bills holding, despite earmarks galore
Diaz-Balart requested $12 million in earmarks and so far gotten two — $1 million for a drinking water project in Miami-Dade County and $750,000 for a sewer project in the same area.
Policy · 117th Congress
Political spending proposals gain traction in proxy season
These groups have spent $1 billion on elections through advertisements since the Citizens United decision, according to Open Secrets, a group that tracks campaign finance data.
Policy · 117th Congress
Medicaid beneficiaries less likely to get COVID-19 shots
that COVID-19 vaccine uptake among Medicaid enrollees was 22 percent, compared with 45 percent of Ohioans overall — despite recent headlines about new incentives to get a shot, including a statewide $1
Policy · 117th Congress
Investors press firms on donations as political spending jumps
The party’s voting and ethics overhaul, known as HR 1 in the House and S 1 in the Senate, includes provisions that would repeal the restriction on use of SEC funding to finalize rules related to political
Policy · 117th Congress
G-7 moves toward US on digital services, with details awaited
Canadian Finance Minister Chrystia Freeland said her country still plans to implement the tax on Jan. 1, 2022, while work to finalize an agreement continues.
Policy · 117th Congress
Supreme Court cracks NCAA defense of athlete compensation rules
[jwp-video n=”1″] Chairwoman Maria Cantwell, D-Wash., closed that panel by saying, “My colleagues are ready to dig in.”
Congress · 117th Congress
House Republicans, Yellen spar over Biden tax proposals
Several Republicans mentioned opposition to Biden’s proposal to eliminate stepped-up basis on assets above $1 million, saying it doesn’t do enough to protect family farms and small businesses even
Opinion · 117th Congress
As Biden faces a summer of inflation, voters will be watching
While this is not a decisive margin, the fact that 45 percent — nearly 1 in 2 voters — viewed the ARP as a spending law with too many unrelated priorities means Democrats have their work cut out
Congress · 117th Congress
House committee unveils bipartisan Big Tech antitrust agenda
[jwp-video n=”1″] Cicilline and Buck announced the introduction of five bills that aim to address alleged anti-competitive behavior uncovered by a 16-month investigation of Amazon, Apple, Facebook
Congress · 117th Congress
Distrust of IRS drives GOP critique of Biden tax enforcement plan
Their bill would apply a 10 percentage point tax to income above $1 million for individuals and $2 million for married couples.
Policy · 117th Congress
Bitcoin backers urge SEC to shift view on exchange-traded funds
Bitcoin dropped to about $36,340 as of June 1, losing about 44 percent of its value in less than two months, according to Coindesk.
Policy · 117th Congress
Young adults shun COVID-19 vaccine as White House warns of risks
[jwp-video n=”1″] No rush The young and healthy were not prioritized in the early days of the COVID-19 vaccination effort when much of the public health messaging focused on protecting the elderly
Campaigns · 117th Congress
After hitting pause, PACs begin to press play again
[jwp-video n=”1″] Corporations, vulnerable to consumer and shareholder pressure, have had to calculate their competing political risks.
Policy · 117th Congress
Lack of data on diverse electorate tests pollsters, politicians
Overall, the electorate became 2 percent less white, 1 percent more Asian and 1 percent more Hispanic, according to the Census Bureau data.
Congress · 117th Congress
AOC Blanton under investigation for misusing government vehicle
[jwp-video n=”1″] Blanton was appointed by President Donald Trump and assumed the top job overseeing more than 2,000 AOC employees in January 2020.