Capital Thinking Update - January 30, 2012

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In This Issue:

General Legislative

The House is not in session on Monday, but meets on Tuesday, January 31, 2012, at 12:00 p.m. for morning hour and at 2:00 p.m. for legislative business. The House will consider H.Res. 522, providing for consideration of H.R. 1173, the “Fiscal Responsibility and Retirement Security Act of 2011.” Thereafter, the House will consider a motion to go to conference on H.R. 658, the “FAA Air Transportation Modernization and Safety Improvement Act.” The Senate will convene at 2:00 p.m. for a period of morning business. Thereafter, the Senate will resume consideration of the motion to proceed to S. 2038, the “Stop Trading on Congressional Knowledge (STOCK) Act...”

Budget, Appropriations

- LEGISLATIVE ACTIVITY

Senate Rejects House-Passed Resolution of Disapproval Regarding the Debt Ceiling Increase. On January 26, the Senate rejected the resolution of disapproval (H.J. Res. 98) to block the President from accessing the requested installment of borrowing authority by a vote of 44 – 52. The House passed the measure on Wednesday, January 18 by a largely party-line vote. With the rejection of the resolution of disapproval, the debt ceiling increased by $1.2 trillion on Friday, January 27...

OTHER BUDGET, APPROPRIATIONS NEWS

President’s FY 2013 Budget Release. The release of the President’s FY 2013 Budget Proposal has been re-scheduled to February 13...

Education

- STATE OF THE UNION

The President’s State of the Union address included proposed reforms to K-12 and higher education, including:

Compulsory Attendance. The President proposed that all States should require students to attend high school until they graduate or turn 18-years-old...

- LEGISLATIVE ACTIVITY

Roundtable on For-Profit Schools and Announcement of the “Protecting Our Students and Taxpayers Act.” On Monday, January 23, Senator Richard Durbin (D-IL) hosted a forum in Chicago, Illinois to examine the recruiting and marketing towards service members and veteran students by for-profit schools...

- REGULATORY ACTIVITY

Blueprint for Keeping College Affordable and Within Reach for All Americans. On Friday, January 27, President Obama unveiled a proposal to address the rising costs of college. The proposal consists of the following...

Energy

- LEGISLATIVE ACTIVITY

FY2013 Budget Proposal. The Administration’s FY 2013 budget proposal — to be transmitted to Congress on February 13, one week after the statutory deadline for submission — is expected to include temporary  proposals to extend $5 billion worth of clean energy tax credits, including the Advanced Energy Manufacturing Tax Credit and the Production Tax Credit...

- REGULATORY ACTIVITY

Electric Transmission. Comments, data and information on the Department of Energy’s (DOE) proposed coordination rule on Federal Authorizations for Electric Transmission Facilities will be accepted through February 27...

Environment

- LEGISLATIVE ACTIVITY

EPA Science. On Friday, February 3, the House Committee on Science, Space and Technology, Subcommittee on Energy and Environment will hold a hearing concerning fostering science at the U.S. Environmental Protection Agency (EPA)...

Please see full newsletter for more subtopics and information.

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