Debt Limit Looms… Again

December 1, 2021

Despite last month's patch to increase to the U.S.'s borrowing authority limit, Treasury Secretary Yellen has cautioned that new limit could be reached as soon as Dec. 15.

READ MORE

Update: Stopgap Spending Bill

December 1, 2021

Lawmakers have until Friday to pass a stopgap spending measure to avert a government shutdown, debate is ongoing but House leaders aim to vote on the bill today.

READ MORE

Senate Talks Reconciliation Bill

December 1, 2021

The Senate is set to take up the House-passed Build Back Better reconciliation bill with the goal of finishing work on the package before the Christmas break.

READ MORE

House Passes Build Back Better Bill

November 19, 2021

On Nov. 19, the House passed 220-212 the Build Back Better reconciliation bill (H.R. 5376) that includes more than $1.5 trillion in business and individual tax increases.

READ MORE

Modified IRS Reporting Proposal

October 20, 2021

Yesterday, a modified version of the administration’s tax reporting requirement--a pay-for in the spending bill--which increases the reporting threshold from $600 to $10,000.

READ MORE

Congressional Outlook This Week

October 20, 2021

With lawmakers back in D.C. this week, Democratic leaders are working with the centrist and progressive wings of their party to find common ground on the spending bill.

READ MORE

Infrastructure Vote Delayed Again

October 6, 2021

Following last week's delay to vote on the bipartisan infrastructure bill, House Speaker has announced a plan to pass both the infrastructure bill and the broader Build Back Better bill by the end of October.

READ MORE

Government Shutdown Avoided

October 6, 2021

On Sept. 30, President Biden signed a continuing resolution extending government funding through Dec. 3, giving lawmakers additional time to pass FY 2022 spending bills.

READ MORE