Legislative Activity Secretary Price to Testify on HHS Budget Request This Thursday, June 8, Department of Health and Human Services (HHS) Secretary Tom Price will appear before the Senate Committee on Finance and the House Committee on Ways and Means to defend the President’s FY 2018 Budget titled “A New Foundation for American Greatness.” The … Continue Reading
Legislative Activity Is Dodd-Frank on the Chopping Block Next Congress? With President-Elect Donald Trump in the White House and Republicans in control of both the House and Senate, we believe there is a real possibility for a significant overhaul of financial services regulation in the 115th Congress – especially if future Chairman of the Senate … Continue Reading
Legislative Activity House Lawmakers Continue Oversight of DOL’s Fiduciary Rule On Wednesday, December 2, the House Education and the Workforce Committee will hold a hearing titled “Principles for Ensuring Retirement Advice Serves the Best Interests of Working Families and Retirees.” This hearing comes on the heels of House lawmakers having recently adopted a proposal by … Continue Reading
Legislative Activity Tax-Writers Running Out of Time on Highway Bill Following the passage last week of the House’s $8 billion five-month highway patch, the Senate continues to remain focused on moving forward with its own bill, which provides for a six year highway reauthorization and three years’ worth of funding (more than $47 billion), with … Continue Reading
Legislative Activity Lawmakers Anticipate King v. Burwell Decision With the Supreme Court expected to issue its opinion in the statutory interpretation case of King v. Burwell this month, lawmakers are considering legislative options to address any potential changes to the Affordable Care Act (ACA). The issue in the case of King v. Burwell is whether … Continue Reading
Legislative Activity Tax-Writers to Focus on Obamacare With the tax filing deadline just around the corner in the first tax season with implications from the Affordable Care Act (ACA), tax-writers are slated to host a series of hearings focusing on various tax-related aspects of the law. In the House Ways and Means Committee, Members will … Continue Reading
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 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
Regulatory Activity EPA Approves New Measurements for Ozone In significant news for entities attempting to maintain or attain the National Ambient Air Quality Standards (NAAQSs), the Environmental Protection Agency (EPA) has announced it has approved four new testing methods that are now allowed for measuring ozone and related pollutants in determining compliance. The alternative tests can … Continue Reading