Legislative Activity Health reform provisions continue to impede resolution of the continuing resolution (CR) and an end to the government shutdown. With support from the Administration, Senate Democrats insist they will only consider a clean CR without Affordable Care Act (ACA) defunding or delay provisions. The Senate has also refused to take up a bill … Continue Reading
Legislative Activity Student Loan Interest Rates A bipartisan group of senators, led Majority Whip Dick Durbin (D-IL), announced another agreement on student loan interest rates last week. The deal, which represents a new scheme that shifts to market-driven variable interest rates, was announced after Sen. Tom Harkin (D-IA) ultimately agreed to support it. According to reports, … Continue Reading
Legislative Activity House Mandate Votes Following the U.S. Treasury’s announcement of a one-year delay in the Affordable Care Act employer responsibility requirements, House leadership plans to hold two votes this week to repeal both the employer and individual mandates for one year (H.R. 2667 and H.R. 2668). The move would force House Democrats to go … Continue Reading
Legislative Activity Student Loan Reform Senators continue to work on a bipartisan deal to address federally subsidized student loan interest rates, which expire July 1. The long-term deal, which is expected to (1) peg the rates to the 10-year Treasury bill, (2) include a consolidated rate cap – something Democrats have called “non-negotiable,” and (3) … Continue Reading
