The White House yesterday released its topline budget request for Fiscal Year 2020, once again proposing increased spending on defense, large cuts to spending on non-defense and mandatory programs, and significant new funding for a border wall. Of these...
Congress officially returns on January 3 to begin the 116 th Congress with Democrats taking control of the House on the strength of their strong returns in November. Divided control of government will face an immediate challenge in the stalled efforts to...
The Senate today overwhelmingly passed a two-bill spending package for FY19 comprised of the two largest annual funding bills – Labor-HHS-Education and Defense – which together make up about 63 percent of annual discretionary spending. It is a...
With attention focused on the White House and the upcoming November midterm elections, Congress made notable progress this summer on FY19 funding measures but returns this week to a busy and likely contentious fall session. Members will be working against...
While the White House continues to dominate the headlines, the House and Senate have been making steady progress on must-do legislation including FY19 funding measures and the annual National Defense Authorization Act (NDAA). Recognizing the shortened...
Bringing to an end the drawn-out negotiations over FY18 federal funding, Congressional leaders released a final omnibus-spending bill late Wednesday. The package allocates $1.3 trillion in FY18 funding across all government accounts and, on account of...
Today, Harvard joined 48 peer institutions to send a joint letter to Congressional Leadership opposing the net investment income excise tax included in the new tax law. You can view the letter here.
After Senate Majority and Minority Leaders Mitch McConnell (R-KY) and Chuck Schumer (D-NY, AB’71, JD’74) unveiled a massive budget agreement on early Thursday, Congress moved quickly to continue government funding and pass this deal. There were objections...
In its final week before adjourning for the year, Congress moved to clear the deck of some major outstanding issues, beginning with final passage of the tax reform bill (more information here) on Wednesday. With that package headed to the President’s desk...
Continuing at breakneck speed, conferees agreed Friday to a final version of the Tax Cuts and Jobs Act of 2017 and released the language of the bill to the public late in the day. Final votes are expected in the House and Senate next week. After last...
