On The Hill

Health Update (January 28)

The government shutdown has entered its 35th day, and there still appears to be no end in sight. Yesterday, the Senate considered procedural motions to end debate on two competing bills which would reopen the government agencies that remain shut down. The first bill included the $5.7 billion requested by the White House for border wall funding. It…
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Tax Update (January 21)

Ways and Means Releases Subcommittee Members   Health Subcommittee Chair: Rep. Lloyd Doggett (D-TX) Rep. Mike Thompson (D-CA) Rep. Earl Blumenauer (D-OR) Rep. Ron Kind (D-WI) Rep. Brian Higgins (D-NY) Rep. Terri Sewell (D-AL) Rep. Judy Chu (D-CA) Rep. Dwight Evans (D-PA) Rep. Brad Schneider (D-IL) Rep. Jimmy Gomez (D-CA) Rep. Steven Horsford (D-NV) Ranking…
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Trade Update (January 21)

Shutdown Turns Ugly Between Trump, Pelosi   As of Friday (Jan. 18),the partial government shutdown over the continued fight for border wall funds has lasted 28 days, now the longest shutdown in US history. As a result of the continued shutdown, House Speaker Nancy Pelosi (D-CA) requested that President Trump postpone his State of the…
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Health Update (January 21)

The Medicaid Extenders Act of 2019 is one step closer to becoming law. This week, the Senate passed H.R. 259 unanimously without amendment, sending it to President Trump’s desk. The Money Follows the Person (MFP) demonstration project and spousal impoverishment protections for Home- and Community-based Services (HCBS) recipients will be extended for three months.   House Committee…
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Tax Update (January 14)

Shutdown Showdown   The Treasury Department cancelled its Opportunity Zone hearing which was scheduled for Thursday (Jan. 10), but furloughed Internal Revenue Service (IRS) employees may soon be recalled. The Opportunity Zones were created as part of the Tax Cuts and Jobs Act (TCJA) of 2017. Senate Finance Chairman Chuck Grassley (R-IA) endorsed the Trump administration’s…
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Trade Update (January 14)

US-China Trade Relations   Deputy US Trade Representative (USTR) Jeffrey Gerrish and a team of trade negotiators met with Chinese officials in Beijing this week (Jan 7-9). Originally scheduled for just two days, the talks were extended to three days and China’s top trade negotiator Liu He stopped by “to say hello.”[1] After the talks, both countries…
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Health Update (January 14)

Government Shutdown   21 days in, it appears that the negotiations to end the partial government shutdown continue to stall. During a Wednesday meeting with Senate Minority Leader Chuck Schumer (D-NY) and House Speaker Nancy Pelosi (D-CA), President Trump abruptly ended the meeting, citing the Democrats’ refusal to offer border wall funding as a “total waste…
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Tax Update (January 7)

New Senate Finance Members   Yesterday (Jan. 3), Senate Majority Leader Mitch McConnell (R-KY) released the full list of committee assignments for Republican members in the Senate. The Senate Finance Committee has three new Republicans members for the 116th Congress: James Lankford (R-OK), Steve Daines (R-MT) and Todd Young (R-IN). A full list of the…
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Trade Update (January 7)

116th Congress   On Thursday (Jan 3), the 116th Congress was sworn into office and Senate Majority Leader Mitch McConnell (R-KY) announced the Republican committee assignments. Senators James Lankford (R-OK), Steve Daines (R-MT), and Todd Young (R-IN) will all join the Senate Finance Committee. Senator Chuck Grassley (R-IA) received a formal nomination to serve as Chairman of…
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Health Update (January 7)

New Congress   The 116th Congress kicked off yesterday, officially ending unified Republican control of both chambers of Congress and the White House. Congresswoman Nancy Pelosi (D-CA) reclaimed the speakership with 220 votes, becoming the most recent Speaker of the House to reclaim the title since Sam Rayburn in 1955. She remains the only woman who has…
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Tax Update (December 14)

BEAT Regulations: On Thursday (Dec 13), the United States Treasury Department and the Internal Revenue Service released the much awaited regulations on the base erosion and anti-abuse tax, also known as the BEAT provision. Section 59A, enacted by the Tax Cuts and Jobs Act (TCJA), imposes on each applicable taxpayer a tax equal to the…
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Trade Update (December 14)

Common Alloy Aluminum Sheet from China  The Trump administration initiated an investigation into imports of common alloy aluminum sheet (CAAS) from China in 2017. It was the first antidumping (AD) and countervailing duty (CVD) trade case self-initiated by the US government since 1985. On Friday (Dec 7), the US International Trade Commission (USITC) determined that CAAS from China…
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Health Update (December 14)

Tax Package On Monday, Ways and Means Chairman Kevin Brady (R-TX) released the latest version of a tax bill, a fourth quarter effort to pass a tax package before the end of the year. The clock is ticking for House Republicans to pass legislation while they are still in the majority, and it does not seem…
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Trade Update (December 7)

Remembering President George H.W. Bush (41st US President) This week, Washington, D.C. took time to honor the life of former President George H.W. Bush, who died last Friday night at the age of 94. From Monday until Wednesday morning, the former president laid in state in the U.S. Capitol Rotunda, and thousands of Americans came to…
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Tax Update (December 7)

Remembering 41 This week, Washington, D.C. took time to honor the life of former President George H.W. Bush, who died last Friday night at the age of 94. From Monday until Wednesday morning, the former president laid in state in the U.S. Capitol Rotunda, and thousands of Americans came to pay their respects. On Wednesday morning, a…
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