Clarity on Debt Ceiling Expected Next Week
Congress is expected to receive additional clarity from the Treasury Department as to when the federal government could run out of borrowing power — a key factor that could accelerate consideration of the GOP reconciliation bill. Specifically, Treasury Secretary Scott Bessent is reportedly slated to provide Congress with an update as to when the “X […]
- April 28, 2020
Today on the Hill: Special COVID-19 Edition (4/28)
Read MoreCapitol Hill Update Senators confirmed yesterday that they will return for legislative business next Monday, May 4, but House lawmakers have reversed course on their decision to return after consulting the Attending Physician’s office. While the floor and Committee schedules for coming days and weeks have yet to be fully ironed out, leadership officials stated […]
- April 27, 2020
Health Policy Report (4/27)
Read MoreCapitol Hill Update President Donald Trump signed the $483.4 billion “COVID-19 Phase 3.5” bill into law last week after officials clinched a bipartisan agreement on the measure. The bill provides $310 billion to replenish the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) that would allow it to resume lending as soon as today (Monday). The […]
- April 27, 2020
Today on the Hill: Special COVID-19 Edition (4/27)
Read MoreCapitol Hill Update After passage and enactment of the “Phase 3.5” measure last week, lawmakers have left Washington and are not expected to return until next week at the earliest. While leadership continues to deliberate whether it’s safe to return next Monday, officials formed a bipartisan working group to examine options for remote voting and […]
- April 24, 2020
Today on the Hill: COVID ‘Phase 3.5’ Measure Ready for Trump’s Signature
Read MoreCapitol Hill Update House lawmakers overwhelmingly passed (388-5-1) the $483.4 billion Phase 3.5 bill yesterday, placing the bill on President Donald Trump’s desk for signature at some point today. The bill provides $310 billion to replenish the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) that would allow it to resume lending as soon as […]
- April 23, 2020
Today on the Hill: House to Pass COVID ‘Phase 3.5’ Agreement
Read MoreCapitol Hill Update House lawmakers will convene for legislative business today to consider the $483.4 billion Phase 3.5 funding measure (updated text; small business summary; health care summary) that will bolster support for small businesses and address other pressing COVID-19 related needs. The bill provides $310 billion replenish the Small Business Administration’s (SBA) Paycheck Protection Program […]
- April 22, 2020
Today on the Hill: Senate Passes COVID ‘Phase 3.5’ Agreement
Read MoreCapitol Hill Update Yesterday afternoon, Senators passed a $483.4 billion funding measure (updated text; small business summary; health care summary) after officials struck a bipartisan agreement to bolster the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) and address other pressing COVID-19 related needs. The bill provides $310 billion to the PPP — plus an […]
- April 21, 2020
Today on the Hill: ‘Phase 3.5’ Deal Imminent as Lawmakers Finalize Details
Read MoreCapitol Hill Update Officials are finalizing negotiations on an agreement for the next round of COVID-19 legislation after funding for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) lapsed late last week. While lawmakers were hopeful that the Senate would clear the bill during yesterday’s pro forma session, talks on the “Phase 3.5” legislation extended into […]
- April 20, 2020
Today on the Hill: Lawmakers Look to Clinch Deal on COVID ‘Phase 3.5’
Read MoreCapitol Hill Update Congressional leadership and White House officials are closing in on an agreement for the next round of COVID-19 legislation after funding for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) lapsed late last week. Following days of tense negotiations and partisan messaging exercises, the deal is expected to include a boost […]
- April 20, 2020
Health Policy Report (4/20)
Read MoreCapitol Hill Update Congressional leadership and White House officials are closing in on an agreement for the next round of COVID-19 legislation after funding for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) lapsed late last week. Following days of tense negotiations and partisan messaging exercises, the deal is expected to include a boost […]
- April 17, 2020
Today on the Hill: Special COVID-19 Edition (4/17)
Read MoreCapitol Hill Update Negotiations between Congressional leadership and White House officials on the next round of COVID-19 legislation will continue throughout this weekend after funding for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) lapsed yesterday. While Treasury Secretary Steven Mnuchin and Senate Minority Leader Chuck Schumer (D-NY) have expressed optimism on the prospects […]
- April 16, 2020
Today on the Hill: Lawmakers Scurry to Replenish Paycheck Protection Program Funding
Read MoreCapitol Hill Update Lawmakers are scrambling to reach a deal on the next tranche of COVID-19 response legislation amid growing concerns about the lapse in funding for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Treasury Secretary Steven Mnuchin and SBA Administrator Jovita Carranza issued a statement last night urging Congress to appropriate additional funds for […]
- April 15, 2020
Today on the Hill: Special COVID-19 Edition (4/15)
Read MoreCapitol Hill Update Congressional leadership and White House officials are continuing negotiations on the next round of COVID-19 response legislation, eyeing a compromise solution on the next tranche of funding for pressing response efforts. While Treasury Secretary Steven Mnuchin and Senate Minority Leader Chuck Schumer (D-NY) suggested that an agreement could be struck by the […]