On Friday, Sept. 10, House Ways and Means Committee Chair Richard Neal (D-MA) released the second tranche of the panel’s recommendations for budget reconciliation—the package through which Democrats aim to enact policies in...more
On Friday, May 28, the Biden administration released its fiscal year (FY) 2022 budget request (“Budget”) and the following accompanying documents.
- Fact Sheet. Six-page summary of various proposals in the Budget.
-...more
WHAT TO WATCH THIS WEEK -
- Republican Counterproposal. Senate Republicans are crafting a counter-proposal as an alternative to President Joe Biden’s American Jobs Plan (AJP). The package is expected to cost around $600 to...more
5/5/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Department of Transportation (DOT) ,
Federal Budget ,
Infrastructure ,
New Legislation ,
Popular ,
Relief Measures ,
Tax Credits
WHAT TO WATCH THIS WEEK -
- White House Selling AJP. As the administration seeks to gain bipartisan support for its American Jobs Plan (AJP), President Joe Biden will be holding a series of meetings with lawmakers to discuss...more
5/5/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Department of Transportation (DOT) ,
Federal Budget ,
Infrastructure ,
New Legislation ,
Popular ,
Relief Measures ,
Tax Credits
Democrats have promised a revamp of the current international tax system to ensure that large multinational corporations pay their “fair share,” stop offshoring jobs, and are incentivized to invest in domestic growth. The...more
WHAT TO WATCH THIS WEEK -
- Administration Proposal. President Joe Biden will travel to Pittsburgh, Pennsylvania, on March 31, where he will unveil the contours of the infrastructure package. Biden Preliminary Budget...more
Note: Congress recently voted on a $1.9 trillion COVID-19 stimulus package—the American Rescue Plan Act (ARPA, P.L.117-2). It includes stimulus checks for individuals, expanded unemployment benefits, and funding for vaccines,...more
4/14/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
Carbon Taxes ,
Clean Energy ,
Coronavirus/COVID-19 ,
Energy Storage ,
Federal Budget ,
Popular ,
Relief Measures ,
Tax Credits ,
Wind Farm
On April 7, 2021, the Treasury Department released a report, the Made in America Tax Plan, which describes the proposed changes to corporate and international law that President Biden outlined in his infrastructure package,...more