Tag Archives: Debt Limit

Webinar: Congressional Actions to Address the Debt Limit and Implications for Future Legislative Compromise or Gridlock

On August 9th, 2023 at 2:00 pm EDT, Beth Goldstein and Jeff Turner will be leading a discussion on the debt limit. The debt limit (or debt ceiling) is the total amount of outstanding debt that the US Department of the Treasury can incur. Earlier this year, Treasury Secretary Janet Yellen notified Congress that the … Continue Reading

House Passes FY 2017 Defense Appropriations Bill; President Trump to Deliver FY 2018 Budget Outline This Week; Debt Ceiling Suspension Expires This Week

Legislative Activity FY 2017: House Passes Defense Appropriations Bill, What About the Rest? The House passed its $577.9 billion FY 2017 defense appropriations bill (H.R. 1301) last week by a vote of 371-48 which included a $6.8 billion increase in procurement funding above the Obama Administration’s budget request for the fiscal year. The chamber still … Continue Reading

House To Consider Transportation Bill on Floor

Legislative Activity House To Consider Transportation Bill on Floor Both chambers passed a short-term extension last week, reauthorizing highway, highway safety, and transit programs through November 20. The House now turns to floor consideration of their six-year surface transportation bill on Wednesday. The House appears determined to make productive use of the 22-day extension. On … Continue Reading

Debt Ceiling Looms Over House Speaker Elections

Legislative Activity Debt Ceiling Looms Over House Speaker Elections According to the Treasury Department, the debt ceiling will be reached on November 3, leaving the House only five more legislative days to increase it. Complicating the issue, the floor vote for a new House Speaker is scheduled for Thursday, October 29, with Rep. Paul Ryan … Continue Reading

House Transportation Bill Marked-Up, But Short-Term Extension Needed

Legislative Activity House Transportation Bill Marked-Up, But Short-Term Extension Needed Facing the October 29 expiration of surface transportation programs, the House will vote this week on a bill to extend these programs for three weeks, through November 20, buying time for the House to finish work on its six-year bill. The extension legislation also includes … Continue Reading

Budget Negotiations Continue Amidst Busy Congressional Calendar; House to Consider Budget Reconciliation

Legislative Activity Budget Negotiations Continue Amidst Busy Congressional Calendar Budget negotiations between staff for Republican leadership, the White House, and Democrats are ongoing, but there have been few signs of progress. Democrats have recently announced they will not accept changes to entitlements as part of a budget deal to increase government spending, increasing the likelihood … Continue Reading

House Transportation and Infrastructure Committee Releases Highway Bill, Markup Scheduled This Week

Legislative Activity House Transportation and Infrastructure Committee Releases Highway Bill, Markup Scheduled This Week On Friday, the House Transportation and Infrastructure Committee (T&I) released its long-awaited surface transportation reauthorization bill and scheduled the markup of the bill for this Thursday, October 22. The House provides six years of authorizations from the Highway Trust Fund (HTF) … Continue Reading

Budget Negotiations Begin; Debt Ceiling Closer than Expected; House to Markup Budget Reconciliation Package

Legislative Activity Budget Negotiations Begin Recently, House Speaker John Boehner (R-OH) and Senate Majority Leader Mitch McConnell (R-KY) began discussions with President Barack Obama on a budget deal.  The three of them participated in a conference call to lay the foundation for negotiations, and while Majority Leader McConnell reportedly pushed to keep Democratic Leadership in … Continue Reading

House and Senate Committees to Mark Up Budget Resolutions; How Will Congress Deal with the Sequester; Debt Limit Reached

Legislative Activity House and Senate Committees to Mark Up Budget Resolutions; How Will Congress Deal with the Sequester? The House and Senate Budget Committees will hold markup hearings this week on their respective Budget Resolutions. The House Committee will mark up its resolution on Wednesday, while the Senate Committee will hold markup hearings on both … Continue Reading
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