This Week on the Hill: Congress Returns for Busy Four-Week Legislative Blitz

House and Senate lawmakers will return from their two-week district work period this afternoon to begin four weeks of legislative business. For the month of May, House Democratic leadership plans to queue up votes on key policy priorities pertaining to drug pricing, the Affordable Care Act (ACA), climate change, and equal rights. Lawmakers are also expected to consider a host of financial services-related measures during this month, including: (1) legislation (H.R. 1994) intended to incentivize retirement savings; (2) a bill reauthorizing the National Flood Insurance Program (NFIP); and (3) a measure (H.R. 1500) that would reverse several actions taken by former Consumer Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney.

Continue reading “This Week on the Hill: Congress Returns for Busy Four-Week Legislative Blitz”

Health Policy Report

The Week in Review

Both chambers of Congress were out of town for a district work period.

The Week Ahead

House and Senate lawmakers will return from their two-week district work period this afternoon to begin four weeks of legislative business. In the House, Democratic leadership plans to queue up votes on key policy priorities pertaining to drug pricing, the Affordable Care Act (ACA), climate change, and equal rights. Lawmakers are also expected to consider a host of financial services-related measures, including: (1) legislation (H.R. 1994) intended to incentivize retirement savings; (2) a bill reauthorizing the National Flood Insurance Program (NFIP); and (3) a measure (H.R. 1500) that would reverse several actions taken by former Consumer Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney.

Continue reading “Health Policy Report”

Health Policy Report

CMS Finalizes 2020 Exchange Rule

Thursday, the Centers for Medicare and Medicaid Services (CMS) finalized its 2020 Notice of Benefit and Payment Parameters, the annual rule that establishes standards for health plan issuers and the exchanges. Although CMS had proposed three prescription drug-related provisions, it finalized just one of them to allow plans to exclude manufacturer-issued copay coupons from beneficiaries’ out-of-pocket (OOP) costs as they relate to the annual OOP cap. CMS also finalized a controversial change to its premium adjustment percentage index, which will increase net premiums, reduce exchange enrollment, and reduce premium tax credits available to subsidy-eligible beneficiaries. CMS declined to finalize provisions that would have ended automatic re-enrollment in health plans and subsidies. These changes will apply to plans for the 2020 plan year and beyond.

Continue reading “Health Policy Report”

Financial Services Report (4/15)

Last Week in the House
The Floor
 
On Tuesday, Democratic leadership was forced to pull its proposal to increase spending caps by $17 billion for defense spending and $34 billion for non-defense spending following an intense intra-party disagreement, as members of the Congressional Progressive Caucus indicated that they would not support the bill without an additional $33 billion in non-defense spending. Despite the inability to vote on the either spending caps deal or a budget resolution, a procedural maneuver earlier in the week set the top line spending number for the Appropriators to develop FY20 spending bills with an overall limit of $1.3 trillion for defense and non-defense funding.

Continue reading “Financial Services Report (4/15)”

Health Policy Report

The Week in Review

Prior to leaving Washington for a two-week recess, House Democrats pulled their proposal to raise discretionary spending caps from the floor amid disagreements over non-defense spending levels. The legislation would provide for a $17 billion increase above FY 2019 budget caps for defense spending and a $34 billion bump above that level for non-defense. Members from the Congressional Progressive Caucus wouldn't support the underlying bill without an amendment from Rep. Pramila Jayapal (D-WA) that would have added $33 billion to non-defense spending, while moderates from the Blue Dog Coalition were pushing for a balanced budget amendment. Despite the House’s inaction on the spending caps deal and a budget resolution, the rule setting up debate on the Democrats spending cap proposal will allow appropriators to develop fiscal year (FY) 2020 spending bills with an overall limit of $1.3 trillion for defense and non-defense funding. 

Continue reading “Health Policy Report”

Today on the Hill: Senate to Confirm Bernhardt As Interior Secretary

Senators are set to wrap up their legislative work week today and leave town for a two-week district work period. On the floor, the Senate will hold a confirmation vote on Acting Interior Secretary David Bernhardt’s nomination to lead the department permanently. Bernhardt’s nomination is expected to pass despite concerns from lawmakers about possible conflicts of interest and the Interior Department’s plans for opening U.S. coasts to oil and gas drilling. House Natural Resources Committee Chairman Raúl Grijalva (D-AZ) stated that he plans to call Bernhardt to testify before his committee once confirmed as part of ongoing oversight investigations into policy decisions shepherded by former Secretary Ryan Zinke. 

Continue reading “Today on the Hill: Senate to Confirm Bernhardt As Interior Secretary”

Today on the Hill: House Democrats Cancel Spending Caps Vote Amid Intraparty Clash

House Democrats have pulled their proposal to raise discretionary spending caps from the floor amid disagreements over non-defense spending levels. The legislation would provide for a $17 billion increase above FY 2019 budget caps for defense spending and a $34 billion bump above that level for non-defense. Members from the Congressional Progressive Caucus wouldn't support the underlying bill without an amendment from Rep. Pramila Jayapal (D-WA) that would have added $33 billion to non-defense spending, while moderates from the Blue Dog Coalition were pushing for a balanced budget amendment. Despite the House’s inaction on the spending caps deal and a budget resolution, the rule setting up debate on the Democrats spending cap proposal will allow appropriators develop fiscal year (FY) 2020 spending bills with an overall limit of $1.3 trillion for defense and non-defense funding.

Continue reading “Today on the Hill: House Democrats Cancel Spending Caps Vote Amid Intraparty Clash”

Today in Congress: House Set to Pass Net Neutrality Bill

House Democrats are set to follow through key campaign promise to rebuke the Trump administration’s action on Net Neutrality. Lawmakers will begin consideration of a bill (H.R. 1644) that would undo the Federal Communications Commission’s (FCC) repeal of the 2015 Open Internet Order, as well as 12 amendments to the underlying text. The bill is expected to pass the lower chamber later today but is considered dead on arrival in the GOP-controlled Senate and White House, which issued its official veto threat to the legislation yesterday. 

Continue reading “Today in Congress: House Set to Pass Net Neutrality Bill”

This Week on the Hill: Democrats Move to Reignite Net Neutrality Debate

Both chambers will reconvene for legislative business today prior to leaving for a two-week recess. In the House, Democratic leadership has teed up a bill (H.R. 1644) that would undo the Federal Communications Commission’s (FCC) repeal of the 2015 Open Internet Order. The bill — which cleared the Energy and Commerce Committee on a party-line vote following a contentious markup — is expected to pass the lower chamber but is considered dead on arrival in the GOP-controlled Senate.

Continue reading “This Week on the Hill: Democrats Move to Reignite Net Neutrality Debate”

Health Policy Report

The Week in Review

Last week, Senators failed to advance a sweeping supplemental disaster aid relief bill for states impacted by recent natural disasters amid a fight between Democrats and President Donald Trump over relief aid for Puerto Rico. Congressional Democrats have argued that the funding included for Puerto Rico's nutritional assistance program is inadequate in the Senate GOP’s measure, while the president has opposed sending any additional aid to the island, claiming, without evidence, that previous federal assistance to the island had been badly mismanaged. Negotiations on the disaster aid package will continue behind the scenes, however, it remains to be seen if lawmakers can reach a compromise.

Continue reading “Health Policy Report”