Tag Archives: Senate Budget Committee

President Trump’s Budget to be Released; Appropriations Committee Work for FY 2018 Begins

Legislative Activity President Trump’s FY 2018 budget This week brings the long-anticipated full details of President Trump’s FY 2018 budget, which is expected to be released on Tuesday. The Administration’s “skinny budget” released in March indicated the potential for large cuts to several agencies amounting to a $54 billion reduction in domestic spending. The budget … Continue Reading

Appropriators Turn Attention to FY 2018 Process Without the Guidance of a Budget Resolution; President Trump’s FY 2018 Budget Proposal Anticipated on May 23

Legislative Activity Appropriators Turn Attention to FY 2018 Process Without the Guidance of a Budget Resolution Now that the FY 2017 budget is finalized, appropriators are ready to focus on the FY 2018 process, even though the budget committees have yet to produce a budget resolution to provide topline spending levels for the upcoming fiscal … Continue Reading

Fiscal Year 2018 Pared-down Budget Expected in “Next Few Weeks”; Reconciliation Timeline Still Unclear; Border Wall Costs Higher than Expected

Legislative Activity President Trump’s FY 2018 Budget Proposal The Trump Administration intends to release a FY 2018 budget proposal within the “next several weeks” according to President Trump’s Press Secretary, Sean Spicer. It is likely that this submission will be an outline (“skinny budget”) which will lay the groundwork for a more complete budget plan … Continue Reading

OMB Director-Designee Mulvaney to Testify at Confirmation Hearings

Legislative Activity Confirmation Hearing for OMB Director Nominee On Tuesday, January 24, the Senate Committee on the Budget and the Senate Committee on Homeland Security and Governmental Affairs will hold confirmation hearings for President Donald Trump’s nominee for Director of the Office of Management and Budget (OMB), Rep. Mick Mulvaney (R-SC). It is anticipated that … Continue Reading

Lawmakers Consider Tax Policy’s Impact on the Economy; Treasury May Release Anti-Inversion Guidance in 2015

Legislative Activity White House Sends Economic Report to Congress On February 19, the White House released the Economic Report of the President, together with the Annual Report of the Council of Economic Advisors. In the report, the Administration weighs the merits of various approaches to tax reform, including repealing the corporate income tax, cutting the … Continue Reading

EPA To Hold Public Hearings On Clean Power Plan; Environmental Projects on US/Mexico Border; Wind Sale Off Coast of New Jersey

Regulatory Activity EPA to Hold Public Hearings on Clean Power Plan This week, the Environmental Protection Agency (EPA) will hold public hearings in Washington D.C., Atlanta, Denver and Pittsburgh to receive comments on its proposed Clean Power Plan. EPA’s Clean Power Plan intends to reduce carbon emissions from existing power plants to 30 percent below … Continue Reading

Three CFTC Commissioners Confirmed; Levin Plans Hearing on High-Frequency Trading & FHFA Requests Comments on Changing G-Fees

Legislative Activity Senate Confirms Three CFTC Commissioners, House To Take Up CFTC Reauthorization Bill On June 3, the Senate confirmed Timothy Massad as Chairman and Sharon Bowen and J. Christopher Giancarlo as Commissioners at the Commodity Futures Trading Commission (CFTC). Chairman Massad was sworn in to his new office on June 5. It is expected … Continue Reading