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Month: December 2018

This Week on the Hill: Congress Set to Resume Funding Fight

Posted on by Thornrun

Following an emotional week of remembrance for the late former President George H.W. Bush, Congress is poised to resume talks on a deal to fund the rest of the government. The contentious debate over President Trump’s border wall demands has deadlocked the final stretch of the FY2019 appropriations process, leaving seven funding bills in limbo. Democratic leadership — who are pushing for a deal that would clear six of the seven outstanding appropriations bills and then pass a continuing resolution (CR) to fund the Department of Homeland Security (DHS) — is set to meet with the President on Tuesday to discuss a resolution.

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Health Policy Report

Posted on by Thornrun

The Week in Review

Congress’ schedule was upended last week following the death of former President George H.W. Bush. President Trump declared last Wednesday a national day of mourning in honor of the state funeral for the nation’s 41st president, prompting lawmakers to strike a deal to postpone the government funding deadline until December 21. House lawmakers postponed their previously scheduled votes until today, whereas the Senate cleared the nominations of Bernard McNamee to be a member of the Federal Energy Regulatory Commission (FERC) and Kathleen Kraninger to be Director of the Consumer Financial Protection Bureau (CFPB).

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Financial Services Report (12/10)

Posted on by Thornrun

Our Take

Over the next two weeks Congress and the President need to reach an agreement on the remaining spending bills in order to avoid a partial shutdown.  

As that debate is keeping Congress open (when frankly, everyone in town would prefer that they were done for the year) and therefore providing an opening for a variety of hearings this week.  Some a forum to look back over a Chairman's helm, others an opportunity to begin framing some of the agenda for next year. 

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Today on the Hill: Action Looms on Two-week Funding Bill

Posted on by Thornrun

Congressional lawmakers are expected to clear the two-week funding bill by unanimous consent today, putting the bill on President Trump’s desk prior to Friday’s government funding deadline. Funding for parts of the federal government is currently set to expire tomorrow at midnight, but Congress is deadlocked over Trump’s demand for $5 billion in funding for a wall along the U.S.-Mexico border. Once the stopgap funding bill is signed into law, lawmakers will have until December 21 to resolve the gridlock.

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Today on the Hill: Lawmakers Introduce Short-Term Funding Extension

Posted on by Thornrun

Congressional appropriators have released a two-week funding bill that would delay a partial government shutdown until Friday, December 21. The bill includes a clean extension for outstanding government funding, as well as an additional extension for the National Flood Insurance Program (NFIP) which was also set to expire this Friday. Leaders from both parties — as well as President Trump — agreed to delay the impending budget fight after the death of former President George H.W. Bush.

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Financial Services Report (12/3)

Posted on by Thornrun

Our Take

Earlier this week, while defending Leader Pelosi’s effort to put down a rebellion of members who believe that she has been Leader long enough, the folks at Pod Save America painted a broad brush against all moderates – and in the process conflating the problem solvers caucus with the New Dems – by saying that being a moderate was an identity, not an ideology.  While this wasn’t the first attack in the so-called “Green Tea Party” that may pit the more liberal members of the caucus against those who have real challenging re-election bids, it was one of the loudest since the Democrats won the House of Representatives back.   While it is easy to criticize those who don’t have the luxury of having massively safe districts, and therefore need to appeal to more than just primary voters, it will be interesting to see whether these voices, who appear to prefer the perfect over the good, will recognize that it is a lot easier to shape that good when you control the agenda and that, whether they like it or not, it is these suburban districts where the majority is won or loss in 2020.

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This Week on the Hill: White House, Congress Eye Short-Term Funding Extension

Posted on by Thornrun

Congressional negotiators and White House officials are discussing a short-term funding bill budget bill that would delay a partial government shutdown while Washington prepares for the state funeral of former President George H.W. Bush. Among the details still being ironed out is whether the short-term extension would push the funding deadline by one or two weeks, with the one-week extension being the most likely scenario. Funding for parts of the federal government is set to expire at midnight December 7, but Congress is deadlocked over Trump’s demand for $5 billion in funding for a wall along the U.S.-Mexico border.

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Health Policy Report

Posted on by Thornrun

The Week in Review

Congressional lawmakers returned to Washington after a brief Thanksgiving recess. During the week, Congress made progress toward reauthorization of a series of key programs including the National Flood Insurance Program (NFIP) and Farm Bill. Regarding the NFIP, President Trump signed a short-term funding bill that extends the program until December 7, giving Congress more time to iron out a solution. With respect to the Farm Bill — which funds crop insurance, farm subsidies, and nutritional assistance — House and Senate Agriculture Committee Leadership have announced they reached an “agreement in principle” on the bill. Compromise language has yet to be released as lawmakers finalize legal and report language and await Congressional Budget Office (CBO) scores.

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