The race to remake portions of the Internal Revenue Code (Code) and to prevent expiration of certain Tax Cuts and Jobs Act (TCJA) provisions has begun, with House Ways & Means Committee proposals (the Markup) to spend...more
5/15/2025
/ Base Erosion and Anti-Abuse Tax (BEAT) ,
Corporate Taxes ,
Employee Benefits ,
Executive Compensation ,
Federal Budget ,
Foreign Derived Intangible Income (FDII) ,
GILTI tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Proposed Legislation ,
Renewable Energy ,
SALT ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Exempt Entities ,
Tax Legislation ,
Tax Reform
In a nation divided down the middle over politics, and in a handful of states where those divisions are concentrated, Americans narrowly but collectively voted in one direction, returning Donald Trump to the White House....more
11/7/2024
/ Climate Change ,
Election Results ,
Energy Sector ,
Financial Services Industry ,
Healthcare ,
Inflation Reduction Act (IRA) ,
Legislative Agendas ,
Presidential Elections ,
SALT ,
Tariffs ,
Tax Code ,
Tax Cuts and Jobs Act
The presidential campaign is in full swing, but attention will turn to Capitol Hill after Labor Day as Congress has one important task to accomplish before the November elections....more
A House committee will vote May 15 on an updated version of the BIOSECURE Act, legislation that would block federal contracts to five Chinese biotechnology companies and other drugmakers with certain China-based companies in...more
5/14/2024
/ Biotechnology ,
Bipartisan Agreement ,
China ,
Department of Defense (DOD) ,
Department of Veterans Affairs ,
Foreign Adversaries ,
National Institute of Health (NIH) ,
Pharmaceutical Industry ,
Popular ,
Proposed Amendments ,
Public Contracts ,
Supply Chain ,
TRICARE
Congressional leaders finalized the 2023 legislative calendar, and once again we’re pleased to share with you the 2023 BakerHostetler Congressional Calendar.
Please see one-page Congressional Calendar for 2023 below....more
BakerHostetler’s Federal Policy team leads an insightful discussion on the upcoming midterm elections and whether Democrats can maintain their majorities on Capitol Hill or if Republicans are poised to win the House or Senate...more
Key Takeaways:
..The Senate voted 51-50 on August 7 to pass the Inflation Reduction Act.
..The legislation is expected to pass the House this week without changes and to be signed by President Biden.
..The...more
8/8/2022
/ Climate Change ,
Corporate Taxes ,
Drug Pricing ,
Energy Projects ,
Federal Funding ,
Inflation Adjustments ,
Medicare ,
Oil & Gas ,
Pending Legislation ,
Prescription Drugs ,
Renewable Energy ,
Superfund ,
Tax Credits
When Democrats won the Georgia Senate elections in January, giving the party control of Washington for the first time in more than a decade, progressive lawmakers began promoting a series of sweeping tax increases that they...more
House Democrats plan to vote as soon as Friday on their $1.9 trillion coronavirus relief bill, a key initial hurdle as they race to renew federal unemployment benefits, provide stimulus checks to millions of Americans and...more
2/23/2021
/ Budget Reconciliation ,
Coronavirus/COVID-19 ,
Financial Aid ,
Financial Stimulus ,
Legislative Agendas ,
Members of Congress ,
Minimum Wage ,
Public Policy ,
Relief Measures ,
Unemployment Benefits ,
Vaccinations
The Senate on Friday took the first step toward advancing filibuster-proof legislation that congressional Democrats hope to enact by mid-March that would include $1.9 trillion in COVID-19 relief and other policy priorities....more
Congress is scheduled to wrap up legislative business only days before Christmas by voting on a $2.3 trillion package of COVID-19 relief and government spending amid reports that coronavirus infections are spiking nationwide...more
Election Day could produce massive changes in Washington and in the policies that would affect every American and every company. Even a status quo election could produce lasting regulatory consequences for key stakeholders....more
10/30/2020
/ Climate Change ,
Corporate Governance ,
Donald Trump ,
Federal Budget ,
Filibuster ,
Financial Services Industry ,
Financial Stimulus ,
Joe Biden ,
Political Campaigns ,
Political Candidates ,
Presidential Elections ,
Public Policy ,
Tax Reform ,
Trump Administration
Senate Republicans and House Democrats are headed for a clash over whether to shield businesses, colleges and universities from liability as the economy begins to reopen amid the COVID-19 pandemic....more
The CARES Act includes significant measures for individuals, employers, and businesses to handle and overcome the COVID-19 pandemic. The set of FAQs below is intended to address questions related to the potential risk of...more
4/2/2020
/ Audits ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Inspector General ,
Manufacturers ,
Pharmaceutical Industry ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
The Senate is beginning to draft what likely will be the largest emergency relief and fiscal stimulus legislation in the country’s history – more than $1 trillion – to address the mushrooming coronavirus pandemic....more
1. 2020: More of the same or next-level craziness?
Despite a series of near-cataclysmic political events throughout 2019 – from the longest government shutdown in U.S. history and the release of special counsel Robert...more
As businesses of all sizes increase spending on cybersecurity – projected to top $124 billion this year – a bipartisan group of lawmakers in Congress wants public companies to go one step further: Install a cyber expert on...more
ACA TAXES ON CHOPPING BLOCK IN YEAR-END BUDGET DEAL -
Congressional leaders are poised to announce an agreement today that would permanently repeal the Affordable Care Act (ACA) taxes on medical device manufacturers,...more
HEALTH PROVISIONS FACE UNCERTAINTY AS CONGRESS RETURNS FOR BUSY DECEMBER -
Lawmakers return to Washington this week after the Thanksgiving holiday with only 18 days before the government runs out of money – and that’s not...more
FDA NOMINATION HEARING DRIVES THE WEEK IN HEALTH POLICY -
President Trump’s nominee to lead the Food and Drug Administration, Dr. Stephen Hahn, will appear Wednesday before the Senate Health, Education, Labor and Pensions...more
COMPREHENSIVE DRUG BILL STALLS WHILE HOUSE PUSHES SMALLER MEASURES -
House Democrats are planning to take up more narrow bills addressing prescription drug costs while their broad legislation is delayed as the...more
DEMOCRATS PRESS FOR PRE-THANKSGIVING VOTE ON DRUG PRICING BILL -
The House Ways and Means Committee last week approved an amended version of legislation that would overhaul how Medicare and private insurers reimburse for...more
PELOSI INTRODUCES DRUG PRICING BILL WHILE TRUMP PUSHES SENATE VERSION -
House Democrats introduced legislation last week to lower prescription drug prices – including allowing Medicare to negotiate prices with...more
UPDATE ON DRUG PRICING LEGISLATION AS CONGRESS RECONVENES -
Congress reconvenes this week after a monthlong summer recess and begins what likely will be a final push toward overhauling prescription drug prices, but lack of...more
Below is this week’s “Capitol Hill Healthcare Update,” which is posted on Mondays when Congress is in session.
MAJOR HEALTH POLICY UNLIKELY IN POTENTIAL DEBT-SPENDING DEAL -
As House Speaker Nancy Pelosi, D-Calif., and...more