According to the Treasury Department, the budget deficit for the first seven months of this fiscal year was $1.93 trillion – an all-time high. The United State’s national debt is over $28 trillion and counting. Last fiscal year’s deficit was $3.13 trillion, which is the largest it’s been relative to the size of […]
The Administration We have a deal! Last week, President Biden and a bipartisan group of Senators announced that an infrastructure package had finally been agreed upon. The plan outlines $579B in new spending, with a total price tag of $1.2T over eight years, for traditional infrastructure investment. Specifically, $312B is […]
The House This week, the House will consider three Congressional Review Act resolutions to overturn Trump-era regulations. The resolutions have already passed the Senate and are supported by the White House: S.J. Res 13 will nullify an Equal Employment Opportunity Commission rule which provides employers with information to resolve discrimination […]
The House The House is back from its Memorial Day recess. The House Transportation and Infrastructure (T&I) Committee will consider its INVEST in America Act this Wednesday. Committee Chairman Pete DeFazio (D-OR) has touted that the Bill largely aligns with President Biden’s original infrastructure proposal. The T&I Committee is one […]
President Biden released his $6 trillion budget proposal on May 28th, which calls for massive funding increases to address infrastructure modernization and climate change resiliency. It projects a $1.8 trillion deficit in the first year and at least a trillion-dollar deficit annually for the next decade. As a result of […]
