On The Hill

Energy Update (January 14)

Energy and Commerce Democrats Release Draft CLEAN Future Act On Wednesday (Jan. 8), Energy and Commerce Democrats revealed their framework for legislation to address climate change. Chairman Frank Pallone (D-NJ) said the legislation treats climate change “like the existential emergency that it is.”[1] Notably, the draft excludes carbon pricing, but does include ambitious goals to…
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Health Update (January 14)

Congress reconvened for the second session of the 116th Congress, with the main focuses on impeachment and Iran. The House Energy & Commerce Subcommittee on Health held a hearing on multiple bills that would strengthen patient protections for Medicare and Medicaid, including H.R. 5534, the “Comprehensive Immunosuppressive Drug Coverage for Kidney Transplant Patients Act,” which…
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Tax Update (January 14)

Reed Unveils Bipartisan Bill for Clean Energy Technology Credits Representative Tom Reed (R-NY) unveiled a bipartisan plan to incentivize clean energy technology innovation and combat climate change. The Energy Sector Innovation Credit is unique from other clean energy credits which specify energy sources credits can be applied to, wind and solar, for example. Instead, the…
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Trade Update (January 14)

Senate Finance Passes USMCA On Tuesday (Jan. 7), the Senate Finance Committee approved the United States-Mexico-Canada Agreement (USMCA) by a vote of 25-3. The move clears the way for a full Senate vote, although several other Senate committees will vote on it next week. Finance Chairman Chuck Grassley (R-IA) said USMCA’s road to the Senate…
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Energy Update (December 22)

Spending Deal   On Thursday (Dec. 19), Congress finalized legislation to fund the government for FY 2020 in a spending measure that will increase federal budgets by $49 billion.[1] The threat of a year-long continuing resolution (CR) sped up the process and led top negotiators to arrive at a compromise. Defense spending will increase by…
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Health Update (December 22)

As the impeachment proceedings wrapped up in the House, Congress passed a $1.4 trillion spending package that includes funding for the government through FY 2020 and extended funding for health extenders until May 22, 2020. This week, taxes that were passed to fund major parts of the Affordable Care Act (ACA) also were at the…
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Tax Update (December 22)

Congress Passes Spending Bill; Extenders Package Included   Lawmakers sent a two-part spending deal that includes a $426 billion tax cut to the White House this week. The deal includes an extenders package that removes several Obama-era health taxes and extends a number of tax credits that have expired, or are set to expire at…
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Trade Update (December 22)

Congress Clears FY 2020 Spending Bill, Awaits President’s Signature   The Senate cleared two minibuses on Thursday, effectively ending any chance of a government shutdown this year. President Trump has until midnight on Friday (Dec. 20) to sign the nearly $1.4 trillion package. The Senate voted 71-23 on a non-defense package that approved funding for…
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Energy Update (December 16)

European Commission’s Green Plan The European Union (EU) announced Wednesday (Dec. 11) it’s executive arm will work to eliminate net discharges of greenhouse gasses by 2050. The package of proposed measures includes stricter limits for industry, energy taxes, new rules on subsidies for companies, greener farming practices, and a potential environmental import tax. The Green…
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Health Update (December 16)

Drug pricing and surprise billing legislation encompassed most business on the healthcare front this week. Elsewhere, Capitol Hill remained focused on the House Judiciary Committee’s impeachment hearings into President Trump and efforts by appropriators to keep the government open through the rest of fiscal year 2020. House Speaker Nancy Pelosi’s (D-CA) drug pricing bill (HR…
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The Week Ahead

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