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Budget Reconciliation

Cozen O'Connor

Cozen Currents: To the Victors Goes the Process

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The Cozen Lens - •If either party sweeps control of the federal government in November, pressure will be high to reform the filibuster. •The embrace of populism among Democrats and Republicans has made antitrust...more

Brownstein Hyatt Farber Schreck

The White House Releases FY 2025 Budget Tax Priorities

Earlier today, the White House released its fiscal year (FY) 2025 budget request to Congress. Overall, it proposes $7.3 trillion in total spending, including a proposed $895 billion for defense and approximately $621 billion...more

Brownstein Hyatt Farber Schreck

Agencies Brace for Imminent Shutdown

Congress is barreling toward the first full-government shutdown in roughly five years after repeated attempts to enact short-term funding stopgaps stalled or failed. Existing levels of government funding expire at midnight on...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 33

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Outlook for This Week in the Nation’s Capital - Congress. The Senate returns from its August recess today. While the House is in recess until next week, several committees will hold remote hearings. In September, Congress...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 32

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Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are both in recess until Labor Day. Once they return, they will have a packed to-do list ahead of the November elections, which may include...more

Jackson Walker

Planning for 2023 and Beyond – Tax Changes in the Inflation Reduction Act of 2022

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This article, originally published on August 9, 2022, has been revised after the U.S. House of Representatives passed the Inflation Reduction Act. President Biden is set to sign the act into law this week. As of late...more

Akin Gump Strauss Hauer & Feld LLP

Inflation Reduction Act Update

The following alert provides a high level update to the August 4 Akin Gump comprehensive section-by-section report, which was published before the Senate vote-a-rama and final Senate passage. This update is being published...more

Mintz - Health Care Viewpoints

Senate Democrats Pass Long-Awaited Drug Pricing Reforms in Budget Reconciliation Bill

On August 7, 2022, after extensive deliberation, Senate Democrats passed their long-awaited reconciliation bill, the Inflation Reduction Act of 2022 (the Reconciliation Bill). In addition to climate and tax provisions, the...more

Jackson Walker

Senate Passes Significant Tax Changes Over the Weekend

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Over the weekend, the U.S. Senate passed H.R. 5376, the Inflation Reduction Act of 2022 (the “Act”) as part of the fiscal year 2022 budget reconciliation bill. The U.S. House of Representatives will consider the Act this...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 31

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Outlook for This Week in the Nation’s Capital - Congress. After a busy weekend voting on the reconciliation bill, the Senate is now in recess through Labor Day. The House, in recess since late July, returns this week on...more

Alston & Bird

Look Ahead to the Week of August 8: Special Edition: Reconciliation

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On Sunday afternoon – after an all-night vote-a-rama on Republican amendments – Senate Democrats finally succeeded in passing their budget reconciliation package. Its scope and price tag are significantly reduced from when it...more

Troutman Pepper

Inflation Reduction Act Brings Back Energy and Climate Provisions From Build Back Better Act

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On July 27, Senator Manchin (D-WV) and Majority Leader Schumer (D-NY) reached an agreement to add the Inflation Reduction Act of 2022 (the Act) to the FY 2022 Budget Reconciliation Bill. The Act includes many climate and...more

Holland & Knight LLP

The Inflation Reduction Act: Summary of the Budget Reconciliation Act

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The U.S. Senate on Aug. 7, 2022, passed the Inflation Reduction Act of 2022 (IRA). This comprehensive legislation is the result of many months of negotiations among Democrats to advance some of President Joe Biden's highest...more

Akin Gump Strauss Hauer & Feld LLP

Comprehensive Section-By-Section of the Inflation Reduction Act

Sens. Joe Manchin (D-WV) and Chuck Schumer (D-NY) shocked Washington, D.C. when they announced an agreement around a budget reconciliation package that includes clean energy and health care provisions and tax reform. The...more

Alston & Bird

Look Ahead to the Week of August 1: The Senate’s Schedule Stays Busy

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The House has left for August recess, but the Senate remains in session. Senate Democrats will attempt to pass their budget reconciliation package after a massive breakthrough last week, when Senator Joe Manchin (D-WV)...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 30

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Outlook for This Week in the Nation’s Capital - Congress. The House is in recess this week, though the Senate is in session with an expected busy agenda this week. House Speaker Nancy Pelosi (D-CA) is currently leading a...more

McDermott Will & Emery

Is the IRS Finally Receiving Increased Funding?

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After months of back and forth, it appears that additional funding is on its way to the Internal Revenue Service (IRS). Senate Majority Leader Chuck Schumer (D-NY) released a statement yesterday on his agreement with Senator...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 29

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Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are both in session this week, and they are gearing up for a busy calendar crunch ahead of their August recess, which begins on July 29 and August...more

Alston & Bird

Look Ahead to the Week of July 25: Congress Takes On Busy Schedule Before August Recess

Alston & Bird on

Both the House and Senate are in session this week. They will continue efforts this week to pass a scaled-back version of the China competition legislation, which includes $52 billion in incentives for semiconductors, an...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 28

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Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are in session this week. The House plans to take up an FY23 appropriations minibus this week in addition to a handful of natural resources,...more

BakerHostetler

The Weekly Hill Update - July 2022 #2

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Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 27

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Outlook for This Week in the Nation’s Capital - Congress. Both the House and Senate will be in session this week, after two weeks of recess. The Senate schedule for this week, however, is up in the air given that Senate...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 26

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Outlook for This Week in the Nation’s Capital - Congress.  The House and Senate are in recess this week. Once Congress returns after the July 4th recess, leaders aim to reach an agreement on the USICA/COMPETES bill and...more

Brownstein Hyatt Farber Schreck

White House Releases FY 2023 Budget Request

The White House released its fiscal year (FY) 2023 budget request on Monday. Overall, it proposes $5.8 trillion in total spending, including a proposed $813 billion for defense and about $769 billion in non-defense...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 5

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Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are both in session this week. The House plans to vote on bills related to the postal service, foreign affairs, and sexual assault and...more

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