Reconciliation Update
September 22, 2021The House Budget Committee has announced it will not mark up the Democrats’ reconciliation package in time for it to move in conjunction with the Sept. 27 vote on the bipartisan infrastructure bill.
READ MORE
Reconciliation Outlook
September 16, 2021As lawmakers move forward on budget proposals under the reconciliation bill, NSBA has put together a comprehensive overview of what's most likely to impact small business.
READ MORE
Reconciliation: Tax Pay-Fors
September 16, 2021To pay for the reconciliation bill, lawmakers have endorsed tax increase proposals of $2 trillion over 10 years.
READ MORE
House Approves Rule to Advance Budget Process
August 25, 2021On Aug. 24, the House voted 220-212 along party lines to approve a $3.5 trillion budget framework, after several days of negotiating between Democratic leadership and a group of 10 centrists who had planned to vote against the budget unless the infrastructure vote came first. Speaker Nancy Pelosi (D-Calif.) reached the deal with Rep. Josh Gottheimer (D-N.J.) and the other moderates in the hours before the vote, clearing the way for the spending package.
READ MORE
Senate Democrats Approve $3.5 Trillion Budget Blueprint
August 10, 2021Following the vote on the bipartisan infrastructure package, the Senate voted on the motion to proceed to begin debate on the budget. Typically that vote triggers up to 50 hours of debate, evenly divided between the majority and minority to control. But with the session already stretching farther than senators anticipated, the vote is likely to move rather quickly.
READ MORE
Fall Congressional Outlook
August 4, 2021Assuming the infrastructure bill passes prior to the August Congressional recess, lawmakers won't fully return until Sept. 20 with a very long list of items to address this fall.
READ MORE
Senate Votes on Infrastructure Bill
July 29, 2021The Senate voted yesterday to move forward on the bipartisan infrastructure package with support from 17 Republicans and all 50 Democrats, and changes in the pay-fors.Â
READ MORE
Infrastructure Debate Continues
July 21, 2021An infrastructure deal is front-and-center in the Senate this week as Senate Majority Leader Chuck Schumer (D-N.Y.) scheduled a procedural vote for later today.
READ MORE
Wyden Proposes Changes to Pass-Through Deduction
July 21, 2021On Tuesday, Sen. Ron Wyden (D-Ore.) introduced a bill to change the 20 percent deduction for pass-through entities under the 2017 Tax Cuts and Jobs Act.
READ MOREOther Resources
