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Federal Budget Trump Administration Budget Reconciliation

Ballard Spahr LLP

Budget bill includes huge cuts to CFPB budget

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The budget bill signed by President Trump on July 4 will make massive cuts to the CFPB’s budget. The huge bill changes the amount that the CFPB may receive from the Federal Reserve from a maximum of 12% of the Fed’s...more

Moore & Van Allen PLLC

H.R.1 - One Big Beautiful Bill Act

In Brief - - The Senate passed H.R. 1, as amended, 51-50 on July 1, 2025 (legislative day began on June 30, 2025). Vice President JD Vance broke the tie by voting for the measure and presiding over the closing of the vote....more

Holland & Knight LLP

CFPB Budget Cuts Blocked by Senate Parliamentarian

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Senate Parliamentarian Elizabeth MacDonough ruled that the Trump Administration and congressional Republicans cannot use the pending budget reconciliation bill to eliminate funding to the CFPB in a June 23, 2025,...more

Ballard Spahr LLP

Senate Parliamentarian says elimination of CFPB funding cannot be included in budget bill but delay of Section 1071 rule passes...

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The Senate parliamentarian has ruled that a key Senate Banking, Housing and Urban Affairs (Banking Committee) provision that would eliminate all funding for the CFPB cannot be included in the massive budget reconciliation...more

Cozen O'Connor

Cozen Currents: Trump the Uniter

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“The GOP is divided over key policy issues, such as Medicaid cuts, support for green energy, and changes to food assistance programs. But the consistent unifying force for both the party and the MAGA movement is President...more

Alston & Bird

Look Ahead to the Week of June 2, 2025: Senate Takes Its Turn on Reconciliation

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Both chambers are in session this week after the Memorial Day recess. The Senate will begin putting its mark on the House-passed reconciliation package, evaluating what sections will likely not survive the parliamentarian’s...more

Alston & Bird

Look Ahead to the Week of May 19, 2025: The ‘One Big, Beautiful Bill’ Inches Forward

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Both chambers are in session this week. Late Sunday night, House Republicans successfully advanced their reconciliation proposal through the Budget Committee, following Friday’s failed vote when conservative members...more

Holland & Knight LLP

Holland & Knight Health Dose: May 13, 2025

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U.S. House of Representatives committees are scheduled to begin markups on additional portions of the budget reconciliation package on May 13, 2025. Both the House Committee on Ways and Means and the House Committee on Energy...more

McDermott+

Healthcare Preview for the Week of: May 5, 2025

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Reconciliation Hits a Speedbump - As of May 6, 2025, it will not be what was anticipated on Capitol Hill. Multiple committees, including the House Energy and Commerce Committee, reportedly had planned to spend this week...more

Alston & Bird

Look Ahead to the Week of May 5: Trump’s ‘Skinny’ Budget Released as Reconciliation Roadblocks Emerge in Key Committees

Alston & Bird on

Both chambers are in session this week. House Republicans will continue their pursuit of a single reconciliation package that includes President Trump’s key policy priorities. The House Natural Resources Committee will hold...more

Ballard Spahr LLP

House Financial Services Committee finds savings by slashing CFPB budget

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The House Financial Services Committee has approved its part of the massive budget bill, saving some $1 billion by, among other things, slashing the CFPB’s budget by more than 60%....more

Cadwalader, Wickersham & Taft LLP

Open Sesame: Budget Resolution Clears the Way for Tax Cuts

On April 5th and April 10th, respectively, the Senate and House approved the FY25 budget resolution, thereby opening the budget reconciliation process and paving the way to enact President Trump’s various tax proposals,...more

Alston & Bird

Look Ahead to the Week of April 28: The Reconciliation Debate Begins

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Both chambers are in session this week.  House Republicans will now begin their push to enact a single reconciliation package that includes President Trump’s key policy priorities, including immigration enforcement, tax...more

Alston & Bird

Look Ahead to the Week of April 7: Will the House Pass the Senate Budget Resolution?

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Both chambers are in session this week. Last week, President Trump announced larger-than-anticipated tariffs, including a 10% “baseline” tariff on goods imported from all countries and “discounted reciprocal” tariffs on...more

Alston & Bird

Look Ahead to the Week of March 24, 2025: The Rush to Resolve Competing Budget Resolutions

Alston & Bird on

Both chambers are in session this week, although the House will pause its voting schedule so members can travel on Wednesday for the funeral of Rep. Raúl Grijalva (D-AZ)....more

Alston & Bird

Look Ahead to the Week of March 3: Trump Addresses Congress

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Both the House and Senate are in session this week. Last week, House Republicans were able to coalesce in dramatic fashion to pass a budget resolution that creates a process to combine President Trump’s tax policy and other...more

Holland & Knight LLP

Elections Make Budget Reconciliation a Tool for Significant Legislation Early Next Year

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Following the results of the 2024 elections, Republicans will have unified control of the federal government with President-Elect Donald Trump's inauguration on Jan. 20, 2025, and the seating of the 119th Congress on Jan. 3,...more

Faegre Drinker Biddle & Reath LLP

Budget Reconciliation use in Recent Years

The looming 50-50 Senate, in which ties will be broken by Vice President-elect Kamala Harris, has triggered much interest in the budget reconciliation process. Budget reconciliation has many complexities, but at its core it...more

Downey Brand LLP

The President Is Pushing Infrastructure, But Not So Much Through the Corps’ Civil Works Program

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Today the Administration released its FY19 budget proposal. As you likely know, the budget proposal signifies the starting point for the annual appropriations cycle which will play out in Congress over the course of the...more

Holland & Knight LLP

White House Unveils Proposal on Drug Pricing

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On Feb. 9, 2018, the Trump Administration released a 30-page report analyzing domestic and global factors influencing drug pricing. The report by the Council of Economic Advisers (CEA) is expected to inform the HHS' Fiscal...more

Bracewell LLP

Post-Election Update 2016

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The 2016 election results have significant implications for companies across a wide range of industry sectors. From environmental policy to financial services to tax reform, President-elect Trump has committed to sweeping...more

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