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On The Hill

Energy Update (November 18)

Brouillette Nomination Hearing  On Thursday (Nov. 14), Dan Brouilltte, the nominee to succeed outgoing Energy Secretary Rick Perry, sat before the Senate Energy and Natural Resources Committee for questioning. Chairman Lisa Murkowski (R-AK) said that it was her intention to move Brouillette through the nomination process as fast as possible. Brouilltte was previously confirmed by…
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Health Update (November 18)

While the focus in Washington was primarily on the public impeachment hearings of President Trump, the relevant health care committees continued their business as usual with two hearings and a mark-up. The Trump administration released new transparency rules aimed at making it easier for consumers to learn how much hospitals charge health insurers. There have…
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Tax Update (November 18)

U.S. Chamber of Commerce responds to OECD’s ‘Unified Approach,’ Treasury ramps up to release new international tax rules, and House Ways and Means Chairman Richard Neal (D-MA) indicates movement on green energy tax extenders.   Chamber of Commerce Speaks on Global Digital Tax On Monday (Nov. 11), the U.S. Chamber of Commerce sent a letter to…
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Health Update (November 5)

As the House voted to continue its impeachment inquiry into President Trump this week, numerous healthcare headlines emerged as well. Atop those headlines were Rep. Greg Walden (R-OR-02), the Ranking Member of the House Energy & Commerce Committee, announcing he would not seek reelection and Senator/2020 presidential candidate Elizabeth Warren (D-MA) releasing her full “Medicare…
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Trade Update (November 18)

Ross Expects China Deal by December  On Friday (Nov. 15), Commerce Secretary Wilbur Ross said he expects the U.S. will agree to a trade deal with China before the next round of tariffs is set to kick-in on Dec. 15. Ross made the comments on Fox Business and said the deal was “down to the…
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Health Update (October 28)

Two House Ways & Means markups this week headlined healthcare news, Speaker Nancy Pelosi’s drug pricing plan, H.R. 3, and H.R. 4742, which would impose a tax on nicotine used in vaping. Additionally, CMS Administrator Seema Verma made her first appearance before the House, where Energy & Commerce Committee Democrats grilled her for the administration’s…
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Tax Update (October 28)

Senate Rejects Democrat’s SALT Resolution On Wednesday (Oct. 23), the Senate voted against the Democrats’ resolution to restore the full State and Local Tax (SALT) deduction capped by the Tax Cuts and Jobs Act of 2017 (TCJA).[1] The resolution was introduced by Senate Minority Leader Chuck Schumer (D-NY), and failed by a vote of 43-52. The…
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Trade Update (October 28)

U.S., China Move Closer to ‘Phase One’ of Trade Deal The beginning of a long-term trade deal between the U.S. and China could be one step closer to finalization. U.S. Trade Representative (USTR) Robert Lighthizer and Treasury Secretary Steve Mnuchin cited progress after their Friday (Oct. 25) phone call with Chinese Vice Premier Liu He,…
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Tax Update (October 21)

IRS This week, the Internal Revenue Service (IRS) issued a notice announcing that, following the expiration of the temporary regulations under section 385, taxpayers may rely on the notice of proposed rulemaking cross-referencing the temporary regulations. The temporary regulations expired on October 13, 2019. Cryptocurrency Last week, the IRS released updated guidance for taxes owed…
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Health Update (October 21)

Though House Impeachment proceedings into President Trump dominated a rollercoaster week on Capitol Hill, there were numerous healthcare headlines as well. The House Energy & Commerce and Education & Labor Committees approved Speaker Nancy Pelosi’s (D-CA) drug pricing bill (H.R. 3), while the House Ways & Means Committee held a full committee hearing on the…
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