Holidays see House head home, vacancies narrow House margins, tax talk starts

With the approach of Easter and Passover the House will not have votes for the next three weeks but will have committee hearings. The Congressional leadership and White House are in talks to develop the next round of legislation. The legislative strategy for Democrats is complicated by the narrow House majority and the 50/50 tie in the Senate.

Infrastructure has been the most widely discussed next step for the White House and Congress; and there is already talk as to whether or not it can be jammed through under Budget Reconciliation or if a bipartisan consensus can be reached. In my view the decision by the House Republican Caucus to join Democrats and to renew budget earmarks may be a sign that a bipartisan infrastructure bill may be possible. Earmarks give members a direct link to the spending decisions. In fact, in earlier days the rule was if a Member opposed the overall bill they couldn’t get their earmarks into the legislation. It was a great tool for Leadership to build support for the underlying legislation.

You are trying to access FSI member-only content.
You need to have an active FSI Macro, or FSI Pro subcription in order to read this article.
If you are already a member at FSInsight, please Sign In here. If you don’t have a subscription to FSInsight yet, you can sign up below.

Choose one of our yearly plans to save nearly 20%

We accept crypto via BitPay for yearly subscriptions.
    • Macro
      FSI Macro
      billed anually
      Get access to all the macro research on FSInsight
      • Tom Lee's First Word
      • View from Tom Lee
      • Signal From Noise
      • Portfolio Strategy
      • Technical Analysis
      • Granny Shots – Stock Ideas
      • US Policy
      • Live Conference Calls with Q&A
      First Month Free!
    • Crypto
      FSI Digital Assets
      billed anually
      Get access to all the crypto research on FSInsight
      • Crypto Blasts
      • Tom's Take on Crypto
      • Crypto Weekly Newsletter
      • BitDigest Daily Newsletter
      • Crypto Technical Analysis
      • Benchmark Indices Review
      • Bitcoin Valuation & Misery Indexes
      • Live Conference Calls with Q&A
      First Month Free!
    • Macro + Crypto
      FSI Pro
      billed anually
      Get access to all the exclusive research on FSInsight
      • Looking at code?
      • I am hidden!
      • FSI Macro
      • +
      • FSI Digital Assets
      • Designed by
      • HANGAR115
      • -
      First Month Free!
Disclosures (show)

Don't Miss Out
First Month Free

first 500 users only

FSInsight logo
150 East 52nd St, 3rd Floor, New York, NY 10022

Subscribe to our Free Weekly Report

An insitutional-grade report delivered to your inbox every week.

© 2021 FSInsight. All rights reserved. Developed by HANGAR115.

Illustrations by Karl Wimer.