Capital Thinking Update - July 23, 2012


In This Issue:

- General Legislative

- Agriculture

- Budget, Appropriations

- Cybersecurity

- Education

- Energy

- Environment

- Financial Services

- Health Care

- International, Defense, Homeland Security

- Sequestration

- Tax

- Transportation

Excerpt from Health Care - LEGISLATIVE ACTIVITY -

.. House Approps Subcommittee Approves Labor-HHS Funding Bill. The House Appropriations Subcommittee on Labor, Health and Human Services and Education approved the FY 2013 funding bill earlier this week, with the full Committee to take up the measure next week. The House bill contains $8.8 billion less than the Senate bill, which has already been approved by the Senate Appropriations Committee. The House bill includes lower spending levels for most health agencies, and also eliminates funding for implementation of the Affordable Care Act. A continuing resolution, however, is the most likely outcome for the FY 2013 spending bills, with House members indicating they would accept the Senate spending levels in order to push further consideration into the next Congress.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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