Legislative Activity President’s Budget, Economic Report in Focus This week, Treasury Secretary Jack Lew is scheduled to testify before the House and Senate Appropriations Committees about President Obama’s FY 2016 Budget Request. On Tuesday, March 3, Secretary Lew, along with Internal Revenue Service (IRS) Commissioner John Koskinen and Treasury Inspector General for Tax Administration Russell … Continue Reading
Legislative Branch Activity National Defense Authorization Act (NDAA) Last week the House Armed Services Committee marked-up and passed, by a vote of 59-2, its FY 2014 NDAA bill. H.R. 1960 complies with the House Budget Act, funding national defense at pre-sequester levels but within the sequester budget cap of $966 billion for discretionary funding. Next week, … Continue Reading