Articles tagged as
Congress
- US Policy
With Labor Day in the rear-view mirror, Congress will be returning to Washington and they have a very full agenda that includes Budget Reconciliation, infrastructure, government funding and the debt ceiling. Next week the headlines are likely to fall on the House Ways and Means...
- US Policy
Biden’s Budget And Infrastructure Welcomes Congress Back
After the Easter/Passover break Congress returns next week with the legislative focus on President Biden’s proposed budget, and the continuing discussion of a large infrastructure bill. On Friday the Biden Administration released the outline of its budget recommendations. Democrats have long complained that too much federal spending was going towards...
- US Policy
Congress Expected to Pass Temporary Budget by Nov. 21
Thursday, November 21, is the deadline for Congress to pass legislation to ensure that there is no government shutdown. It is widely expected that Congress will pass another Continuing Resolution (CR) to keep funding at current spending levels. As is often the case in Washington under President Trump, there is...
- US Policy
Impeachment Fever, Trade Talks; DC In Full Circus Mode
Impeachment fever has taken over Washington, D.C., but the business of governing is attempting to proceed around town. The big news next week will be the arrival of a high-level Chinese trade negotiating team. Figure the market will hang on every word, sorry, make that tweet, that comes either from...
- US Policy
Drama on Fiscal Cliff; Congress Takes Aim at Libra
After a week of sharp partisanship focused on President Donald Trump’s harsh comments towards four left-leaning Democratic House representatives, the substantive focus remains the efforts of Congressional leaders and the Administration to find a resolution to the fiscal cliff that could be reached as early as the first week of...
- US Policy
Debt Ceiling Deadline Looms; UK-Iran Standoff in Gulf
President Donald Trump continues to push the envelope on partisanship with the reported roundup of illegal immigrants as early as this weekend. As this takes place, tensions are growing over the need to increase the debt ceiling, which if not accomplished, could pose serious problems for federal government finances this...
- US Policy
DC Forecast: Rising Temps and Hot Tempers
The U.S. Congress returns next week from its July 4th holiday break, and representatives then have only three weeks before they leave Washington again for the traditional August recess. Nice work if you can get it. This abbreviated schedule leaves just over 30 legislative days for the Democrats in the...
- US Policy
Congress-White House Fiscal Cliff Discussions: No Deal
The quiet discussions between the U.S. Congress and the White House about the upcoming fiscal cliff ended last week with no deal and no date to meet again, a not particularly auspicious beginning. Congressional leaders, senior White House staff and the Treasury Secretary met to talk about a budget deal...
- US Policy
Congress-White House Fiscal Cliff Discussions Underway
Under the radar, the U.S. Congress and the White House have begun quiet discussions on trying to avoid the fiscal cliff that lies down the road this fall for the federal government. The Feds are facing a triple monetary threat: a need to raise the government’s debt ceiling; pass a...
- US Policy
Could Higher Tariffs Play into Trump's Hand?
Much to the surprise of many investors, President Donald Trump followed through on his threat to increase the 10% tariff on $200 billion of Chinese imports to a 25% tariff. So much for the art of the deal. The President is sending mixed signals as he talks about possibility of...
- US Policy
Growing Congressional Acrimony Over Mueller Report
Tension between the Republicans and Democrats in Congress is growing. Last week, Attorney General William Barr took the flack for President Donald Trump, as he appeared to be disingenuous with Congressional Democrats over the issue as to whether or not he knew of any Mueller team disagreements with his summary...