Breaking (Down) the Debt Ceiling
Will The Debt Ceiling Standoff End Up In Court?
Lat: Law Firms Must Get Big, Profitable or Lost
Weekly Brief: Lawyers Laid Off After Foreclosure Settlement
Each month, Venable's Government Contracts Group publishes a summary of recent legal developments of interest to the government contractor community. President Signs Fiscal Responsibility Act Suspending Debt Ceiling: The...more
Deal Includes Significant New Regulatory Provisions - Days ahead of the Treasury Department’s projected default date, the U.S. House and Senate cleared a bipartisan package to raise the debt ceiling, extend the country’s...more
On June 3, 2023, President Biden signed the Fiscal Responsibility Act of 2023 (“FRA”) into law, extending the U.S. debt limit into 2025. As part of the Congressional deal, FRA also contains amendments to the National...more
The reform mainly focuses on streamlining and narrowing the scope of environmental review at the federal level. On June 3, 2023, President Biden signed legislation implementing the bipartisan debt ceiling and budget...more
Debt Ceiling and Spending Deal: H.R. 3746 – Fiscal Responsibility Act of 2023 - The Fiscal Responsibility Act of 2023, signed by President Biden on June 3, 2023, increases the federal debt limit, establishes new...more
Efforts to pass federal permitting reform heated up in the previous Congress and continue to be a top priority, with Republicans in the U.S. House of Representatives kicking off their agenda with the Lower Energy Costs Act...more
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
Debt Ceiling Disaster Dodged. After months of political posturing, weeks of negotiating, and days of nail-biting, the U.S. Congress approved legislation to lift the debt limit to ensure continued payment of the nation’s...more
THIS WEEK’S DOSE - The House’s scheduled Memorial Day recess was cut short after President Biden and House Speaker McCarthy (R-CA) announced last weekend that they had reached a deal on raising the debt limit. The House...more
Welcome to Holland & Knight's monthly defense news update. We are excited to bring you the latest in defense policy, regulatory updates and other significant developments. ...more
The federal statutory debt limit is currently set at $31.4 trillion. As congressional Republicans and President Joe Biden continue to haggle over a budget agreement that would include an increase in the debt ceiling, the date...more
Holland & Knight Health Dose is an in-depth weekly dose of legislative and regulatory insights to keep stakeholders abreast of happenings in Washington, D.C., impacting the health sector. This week's topics include ... ...more
Congress Works While Debt Limit Looms. As our country speeds toward defaulting on its debts on June 1, 2023, the White House and congressional leaders are still looking for an agreement to raise the debt ceiling. The Buzz...more
The United States is facing yet another standoff over its congressionally set debt limit. In addition to causing widespread economic harm, Congress's failure to raise the debt limit, also known as the debt ceiling, could...more
On Jan. 19, 2023, the United States government reached its $31.4 trillion borrowing limit, which was signed into law (P.L. 117-73) by President Joe Biden on Dec. 16, 2021. Last week, Treasury Secretary Janet Yellen wrote to...more
The House has passed a bill that will now go to the President to sign into law that raises the eligible debt ceiling for Subchapter V of Chapter 11 to $7,500,000. Small businesses with up to $7,500,000 in noncontingent,...more
The DE OFCCP Week in Review (WIR) is a simple, fast and direct summary of relevant happenings in the OFCCP regulatory environment, authored by experts John C. Fox, Candee Chambers and Jennifer Polcer. In today’s edition, they...more
Congressional Update: Debt Limit Crisis and Reconciliation Plans. Both the U.S. Senate and U.S. House of Representatives were officially out this week, but the U.S. Congress still made some news....more
The second half of 2021 will be a busy stretch for Congress. In addition to the typical must-pass legislation, Democrats controlling both chambers and the White House are committed to several big spending bills, too. What...more