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 MOREHouse 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 MORESenate 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 MOREFall 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 MORESenate 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.
READ MOREInfrastructure 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 MOREWyden 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 MORETax Gap as Pay-For: What it Means
July 14, 2021The latest infrastructure proposal includes a $100 billion pay-for by closing the tax gap through increased IRS enforcement, which could be a problem for small businesses.
READ MOREUpdate on Infrastructure Package
May 18, 2021There may be potential for a bipartisan infrastructure bill as talks between the White House and Republican leadership continue, although disagreements over funding could still halt a deal.
READ MOREShuttered Venue Grant Program Open
April 26, 2021The Shuttered Venue Operators Grant (SVOG) program was supposed to begin accepting applications on April 8, but has been stalled due to technical glitches. The SBA announced the application portal reopened on Saturday, April 24.
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