Federal Budget

News & Analysis as of

State and local governments continue to see a reduction in credits available for Direct Pay Bonds

As a result of federal sequestration, state and local governments who have issued certain direct pay bonds have seen a reduction in tax subsidy payments since March 1, 2013. Sequestration is a result of Congress’ failure to...more

Hospice Cap Demand Group Appeal Deadline

As you likely are aware, Medicare hospice payments were reduced by two percent in accordance with a sequestration order issued March 1, 2013, pursuant to Section 251A of the Balanced Budget and Emergency Deficit Control Act....more

Federal Highway Funds to Continue Flowing — Until October 2015

Despite efforts by Congress to finally approve a long-term highway bill that would have secured funding for key infrastructure projects for the next several years, last week Congress managed only to kick the issue down the...more

The Budget comes but twice a year

One joy of UK Parliamentary democracy is watching the annual budget with its howling Government MPs, roaring Opposition MPs and ritual interventions of the Deputy Speaker to allow the Chancellor to finish off his speech....more

Health Care Update - July 2015 #2

Congress Slowly Works on Budget Reconciliation; ACA Reform Proposals Still Up in the Air - The FY 2016 budget resolution, which was agreed to by Congress this past April, included broad reconciliation instructions...more

UK Summer Budget 2015: Osborne's 'Big Summer Budget' – the key measures impacting business

The first fully Conservative Budget for 18 years, following the end of the Coalition as a result of the May general election, was anticipated to be a 'Big Budget' but in truth it was a mixed bag: the game changers are the...more

UK Summer Budget 2015

On Wednesday, 8 July 2015, George Osborne delivered the UK Summer Budget. The first Budget of the new Conservative government (and the second Budget of 2015), the Summer Budget is wide-ranging in scope and potentially...more

Obama Administration’s FY 2016 Budget Includes Potential Tweaks to Airport Funding Mechanisms

The Obama administration’s fiscal year 2016 budget includes approximately $95 billion for a broad array of transportation-related projects. Included in that category of spending are several interesting aviation infrastructure...more

Proposed Bonds to Encourage Public Private Partnerships And Improve Infrastructure

The nation’s infrastructure is in need of dire repair. On February 2, 2015, to encourage private investments in infrastructure through public-private partnerships (“P3s”) and as part of his 2016 proposed budget, President...more

Action Needed – FY 2016 Appropriations Bill may cut HOME program funding by 93%

The Fiscal Year 2016 Transportation, Housing and Urban Development, and Related Agencies (THUD) Subcommittee has proposed critical markups to the Year 2016 Appropriations Bill. One of the most dramatic funding cuts all but...more

Tax Policy Update

NUMBER OF THE WEEK: $3 Trillion. The projected addition to the federal deficit over 10 years if Republican presidential hopeful Rand Paul’s flat-tax proposal went into effect, according to a Tax Foundation analysis of the...more

Penalties - About to Get Higher! - Commonwealth Penalty Units to Increase

In the most recent Federal Budget, the Government announced that as of 31 July 2015, the value of all Commonwealth penalty units will increase from AUD170 to AUD180. Rather than state a specific dollar penalty in the Act...more

Australia: Tax Changes on the Horizon for Expatriates Working in Australia

In May 2015, the Abbott Government announced that, as part of its objectives for the Australian federal budget, it will reform the tax residency rules by creating tougher rules and higher income tax bills for the approximate...more

Also In The News - Health Headlines - June 2015

Senate Finance Committee Seeking Proposals on Medicare Chronic Care Policies – On May 22, 2015, the Senate Finance Committee announced the formation of a bipartisan working group created to explore potential solutions...more

Congress Returns From Memorial Day Recess

The House and Senate return this week from the annual Memorial Day recess for a four-week work period that runs through June. Both chambers then break for one week for Independence Day. After that, the House is scheduled to...more

Pensions News - April 2015

In This Issue: - Budget 2014 reforms - The Pensions Regulator - Legislation - Case Law - Public Service Pension Schemes - Other News - On the Horizon - Excerpt from...more

News from Second and State

It was a quiet week in the capital city, with Monday being a national holiday and no voting session for either chamber. That’s not to say that nothing newsworthy happened. On Tuesday, Gov. Tom Wolf announced the creation of a...more

Rocky Road Ahead For FY2016 Appropriations Bills

Republicans and Democrats are on a collision course on this year's appropriations bills and the fight boils down to funding levels for non-defense discretionary. As a result of some budget sleight-of-hand in the Budget...more

Client Update: Technology And Sourcing Update

POST BUDGET - What it means for digital innovation and emerging technology: The theme of the 2015 Budget encourages Australian Government entities to proactively reform the way they do business. Specifically,...more

Australian Tax Update: Australian Budget 2015-2016

The Australian Government has released a measured but significant 2015-2016 Federal Budget. The three main tax changes include a focus on multinational tax avoidance by introducing new targeted non-resident anti-avoidance...more

Employment Update: Federal Budget 2015 Changes To The Paid Parental Leave Scheme

The Federal Government has announced as part of the Federal Budget radical changes to the interplay between the current government funded parental leave scheme and any similar paid schemes operated by employers. Under...more

Congress divided on length of extension for transportation programs

On May 31, funding for highway and transit programs is set to expire. With only a few legislative days remaining, House and Senate leaders continue to discuss an extension to keep funds flowing. While nearly everyone agrees...more

[Event] BakerHostetler 26th Annual Legislative Seminar - June 10, Washington, D.C.

Please join us on Wednesday, June 10, 2015, for the 26th Annual Legislative Seminar in Washington, D.C., a one-day program focused on tax, budget, financial services, banking, healthcare, energy, and technology....more

Congress Passes Budget Resolution Conference Report with ACA, Medicare Provisions

On May 5, 2015, the Senate approved the conference report to accompany S.Con.Res. 11, the concurrent resolution setting forth the federal budget for FY 2016 and establishing budgetary target levels for FYs 2017 through 2025,...more

U.S. Senate Passes $1.12 Trillion 2016 Budget Plan

On May 5, 2015, the U.S. Senate voted 51-48 to pass a $1.12 trillion bicameral 2016 budget resolution. The resolution passed the House on April 30, 2015. The resolution is non-binding and operates as a broad spending plan...more

254 Results
|
View per page
Page: of 11

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest 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. Or, sign up using your email address.
×