Today on the Hill: Appropriations, Cures to Headline Lame-Duck Session

With Congress officially out of session until Nov. 14, policymakers are looking ahead to the legislative action that will unfold after the dust settles from Election Day. The recently-passed continuing resolution (CR) (H.R. 5325) expires on Dec.9, meaning that lawmakers will need to either pass eleven appropriations bills, an omnibus combining those eleven measures, or a series of “minibuses” that bloc certain combinations of spending bills to make them more palatable to members.

Continue reading “Today on the Hill: Appropriations, Cures to Headline Lame-Duck Session”

Today on the Hill: Congress Dashes Into Recess After Approving CR Last Night

A bipartisan deal ensuring that funding for Flint, Michigan’s water crisis is handled during the lame-duck session allowed lawmakers to quickly approve a continuing resolution (CR) maintaining current levels of government funding through Dec. 9, plus packages to combat the Zika virus and send flood aid to Louisiana and other states affected by natural disasters. Some Democrats continued to object that the Flint crisis should be handled in the CR, but most were assured that the Michigan city would ultimately receive at least $170 million in federal aid through the Water Development Resources Act. The Senate passed the bill (H.R. 5325) 72-26 before the House sent the measure to the president’s desk on a 342-85 vote. The remaining holdouts mostly consisted of conservative lawmakers who had wanted a longer-term CR to avoid negotiating an omnibus in the lame-duck session.

Continue reading “Today on the Hill: Congress Dashes Into Recess After Approving CR Last Night”

Financial Services Report

Our Take
While the 2016 Presidential election has felt like it has been going on for an entirety, hopefully it will all be over soon (though perhaps not soon enough).   Since the beginning, we have been arguing that the 2016 race will be seen as the “Facebook election” meaning that for the first time the majority of individuals are screaming into the echo chamber that is social media.  However, we want to tweak that analysis by adding that this election may also be seen as the first time that the broader public should no longer trust media polling.

Continue reading “Financial Services Report”

Today on the Hill: Dems to Block McConnell’s CR Due to Exclusion of Flint Aid

After a fiery presidential debate last night, the Senate convenes today for a key vote on the continuing resolution (CR) proposed by Majority Leader Mitch McConnell (R-KY) to fund the government through Dec. 9. Democrats, including Democratic vice-presidential nominee Sen. Tim Kaine (D-VA), are expected to vote against the measure in an effort to increase pressure on Republicans to include assistance to help Flint, Michigan clean up its contaminated water supply. While some Senate Republicans have countered that Flint aid is included in the recently-passed Water Resources Development Act (WRDA), Democrats insist that the funding should be included in the must-pass spending bill. The minority party has also taken issue with language that would extend a rider from last year’s omnibus blocking the Securities and Exchange Commission (SEC) from completing a rule forcing public companies to disclose their political donations.

Continue reading “Today on the Hill: Dems to Block McConnell’s CR Due to Exclusion of Flint Aid”

Financial Services Report

Our Take
After months of waiting this past week saw the return of what so many in our nation follow so closely.   That’s right, the NFL is back
 
Oh yeah, and Congress returned from a seven-week recess, much to the chagrin of staff, K Street, and perhaps even some of the Members themselves.   With members already itching to get back to their districts, and more importantly to them, their re-election efforts, dreams of a full and productive September have quickly faded.  In its place is the reality that both the House and Senate may adjourn as early as the end of this week, or perhaps by the end of next week.  With Leader McConnell making it clear that he intends to push for a short-term CR that funds the government through December 9th and the House unsure as to what it can pass, it looks like McConnell is attempting to flip the script on the House by jamming them with a “take it or leave it” deal.   Contributing to the confusion are outstanding questions over impeaching the IRS Commissioner, amendments on Syrian refugees, and whether the Freedom Caucus would be willing to agree to a short-term resolution at all. 

Continue reading “Financial Services Report”

Today on the Hill: CR Work Delayed in Senate; House Considers 34 Suspension Bills

Yesterday, the Senate again postponed a key procedural vote as negotiators continue to work on what riders will be included in the stopgap spending legislation. The cloture vote on the motion to proceed to the legislative vehicle for a continuing resolution (CR) is now scheduled for this afternoon, but there remains a possibility that it could be delayed again. Outstanding issues continue to be focused on the Planned Parenthood dilemma in relation to Zika funding, as Republicans want to ensure that no federal dollars are given to abortion-related activities in the fight against virus – which can cause microcephaly in unborn children. Other discussions involve whether to attach flood aid for Louisiana, a provision allowing the Export-Import Bank to make bigger loans without a quorum on its Board, a prohibition on the transfer of Internet domain oversight to an international body, and curbs on refugee allowances from Syria and Iraq – which may have renewed importance after the bombing attacks in the New York and New Jersey over the weekend. According to Sen. Chuck Schumer (D-NY), Democrats were able to secure the removal of a provision that would relax Environmental Protection Agency (EPA) standards for anti-mosquito pesticides.

Continue reading “Today on the Hill: CR Work Delayed in Senate; House Considers 34 Suspension Bills”

Health Policy Report

The Week in Review

Early optimism that the Senate could quickly agree upon a continuing resolution (CR) to fund the government and leave Washington at the end of the week faded as lawmakers disagreed on the policy riders to be included in the stopgap spending measure. Funding a White House request for emergency resources to be directed towards combatting the Zika virus is almost assured to be in a final package (if not passed separately and on its own), but negotiations remain on issues ranging from changing the quorum rules of the Export-Import Bank to barring a planned handover of American Internet domain oversight to an international body. Delays in the Senate schedule led some House lawmakers to suggest that the lower chamber should move first on a CR, with Republican demands for policy riders reportedly limited to a halt in the Syrian refugee resettlement program; a prohibition against money going to Planned Parenthood clinics; and a final stipulation based upon Sen. Ted Cruz’s (R-TX) plan to halt President Obama’s internet transition plan, which is scheduled to go into effect at month’s end. 

Continue reading “Health Policy Report”

Financial Services Report

Our Take
After months of waiting this past week saw the return of what so many in our nation follow so closely.   That’s right, the NFL is back
 
Oh yeah, and Congress returned from a seven-week recess, much to the chagrin of staff, K Street, and perhaps even some of the Members themselves.   With members already itching to get back to their districts, and more importantly to them, their re-election efforts, dreams of a full and productive September have quickly faded.  In its place is the reality that both the House and Senate may adjourn as early as the end of this week, or perhaps by the end of next week.  With Leader McConnell making it clear that he intends to push for a short-term CR that funds the government through December 9th and the House unsure as to what it can pass, it looks like McConnell is attempting to flip the script on the House by jamming them with a “take it or leave it” deal.   Contributing to the confusion are outstanding questions over impeaching the IRS Commissioner, amendments on Syrian refugees, and whether the Freedom Caucus would be willing to agree to a short-term resolution at all. 

Continue reading “Financial Services Report”

Today on the Hill: CR to Hit Senate Floor This Week, Early Senate Recess Possible

After meeting with President Obama yesterday, Senate Majority Leader Mitch McConnell (R-KY) is optimistic that the chamber can move forward on a continuing resolution (CR) that funds the government through Dec. 9 and leave for the election recess as early as this Friday. Senate leaders anticipate using the Legislative Branch appropriations bill (H.R. 5325) as the lead vehicle for the CR – which will include $1.1 billion in offset-free funding to combat the Zika virus – and are aiming to set up votes on the measure beginning tomorrow. The White House has said that it wants a short-term CR free of “ideological” policy riders, which is likely given the how quickly the chamber plans to consider the measure. However, provisions to help victims of recent floods in Louisiana and an extension of the EB-5 visa program are set to be included in the stopgap spending bill. While many lawmakers in competitive races will be hoping the fast-track CR will allow them to get back to the campaign trail, Senate Majority Whip John Cornyn (R-TX) is pushing for the Senate to stay an additional week to consider a possible veto override vote for legislation (S. 2040) that would change the rules for foreign sovereign immunity and allow families of Sept. 11 victims to sue the Saudi Arabian government for their citizens’ role in the attacks.  

Continue reading “Today on the Hill: CR to Hit Senate Floor This Week, Early Senate Recess Possible”

Health Policy Report

The Week in Review

Following the Labor Day holiday on Monday, Congress made its long awaited return to Washington for a month-long legislative period before the body breaks again ahead of November’s elections. The Senate picked up exactly where it left off in July with a partisan impasse on both a defense spending bill (H.R. 5293) and the Military Construction-Veterans Affairs appropriations measure (H.R. 2577) that includes a $1.1 billion package to fight the Zika virus. As they did over the summer, Democrats blocked votes to proceed on the measures over objections to the use of war funds to pay for Pentagon weapons programs and budgetary offsets and policy riders included in the Zika package.

Continue reading “Health Policy Report”