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  • US Policy
January 24

Key Takeaways Fed meets this week, Tuesday and Wednesday, final opportunity to telegraph policy change in March. Chair Powell should be confirmed by Senate prior to March meeting. Democratic agenda in tatters with death of voting rights bills and Biden’s Build Back Better $1.75T legislation. ...

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  • US Policy
October 18, 2021

Congress returns, Biden agenda languishes and deadlines loom

Key Takeaways Congress passed debt ceiling increase, new “drop dead” date on default hard to estimate. Biden agenda continues to be stymied by disagreements between Democrats: progressives vs moderates. Pelosi needs to work out a deal with Senate as she doesn’t want swing district members to vote on programs that...

  • US Policy
September 10, 2021

Many Big Decisions For Congress Are Approaching

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 Committee where they will start...

  • US Policy
April 9, 2021

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
November 15, 2019

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
October 4, 2019

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...

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  • US Policy
July 19, 2019

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
July 12, 2019

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
July 5, 2019

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
June 21, 2019

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...

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