Capital Thinking Update - July 9, 2012


In This Issue:

- General Legislative

- Agriculture

- Budget, Approrpriations

- Cybersecurity

- Education

- Energy

- Environment

- Financial Services

- International, Defense, Homeland Security

- Transportation

Excerpt from Education:


?? Immigration Reform. In a June 28 letter, the Presidents and Chancellors of more than 100 major research universities urged Congress and the Obama Administration to find a bipartisan solution for "antiquated" immigration laws that now force many American-trained scientists and engineers to leave the country after graduating, resulting in “a growing skill gap across America’s industries.”

?? Student Loan Rates/Transportation Compromise. On Friday, June 29, Congress approved the Conference Report reauthorizing the nation’s surface transportation programs, which was packaged with legislation that would avert a doubling of student loan rates. (See further detail on the deal below.) The President immediately signed a temporary extension and held an event at the White House on Friday, July 6 with construction workers and college students for the ceremonial signing of the permanent measure. The deal included limiting the duration of new Stafford loan borrowers’ in-school interest subsidy to 150 percent of the normal time required to complete the degree to help pay for the extension. That offset was originally used by the Senate Appropriations Committee to pay for extending and expanding the maximum Pell Grant award in its Fiscal Year 2013 Labor-HHS Education Appropriations bill. Therefore, we expect to see new offsets offered at some point before a bill is finalized in that chamber.

Please see full update below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

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.

© Squire Patton Boggs | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.