|MONDAY, JUNE 28, 2010|
THE WEEK AHEAD
convened at 2:00 p.m. to take up small business legislation and a
judicial nomination. Tuesday, and for the balance of the week,
the Senate is scheduled to continue consideration of the small
business bill and may take up the financial regulatory overhaul
The Senate convened at 2:00 p.m. to take up small business legislation and a judicial nomination. Tuesday, and for the balance of the week, the Senate is scheduled to continue consideration of the small business bill and may take up the financial regulatory overhaul conference report.
The Senate is expected to resume consideration of the Small Business Lending Fund Act (H.R. 5297) today. The bill, which was combined with a small business tax bill (H.R. 5486) in the House, would create a $30 billion fund to provide capital to community banks, making it easier for small businesses to obtain loans. A cloture vote on the motion to proceed is scheduled for 5:30 p.m. today. The House passed its version of the legislation June 17 with a vote of 241-182. The Senate is also scheduled to consider a U.S. district court nomination.
In addition, the confirmation
hearings on the nomination of Elena Kagan to be Supreme Court
justice began before the Senate Judiciary Committee.
In addition, the confirmation hearings on the nomination of Elena Kagan to be Supreme Court justice began before the Senate Judiciary Committee.
convened at 2:00 p.m. today for legislative business and to take up
8 measures under suspension of the rules. Tuesday, and for the
remainder of the week, the House is set to take up five measures
under suspension of the rules. Wednesday, and for the balance
of the week, the House is expected to take up 18 measures under
suspension of the rules and two measures subject to a rule.
The House convened at 2:00 p.m. today for legislative business and to take up 8 measures under suspension of the rules. Tuesday, and for the remainder of the week, the House is set to take up five measures under suspension of the rules. Wednesday, and for the balance of the week, the House is expected to take up 18 measures under suspension of the rules and two measures subject to a rule.
The House is set to consider the Supplemental Appropriations Act of 2010 (H.R. 4899), which would provide additional funding for military operations in Iraq and Afghanistan. The Senate passed its version of the bill prior to the Memorial Day recess, but the House version of the bill will likely add more funding for domestic programs. The bill could come to the floor by June 30.
Both the House and Senate are expected to take up the conference report of the Restoring American Financial Stability Act of 2010 (H.R. 4173). The bill would overhaul the financial regulatory reform system, including rules that would prevent financial institutions from becoming “too big to fail.” Conferees completed negotiations on June 25 after reaching a compromise on derivatives oversight and regulation. The conference report could be considered in the House as early as July 1, with the Senate following soon after.
KEY HEARINGS & MARKUPS
The General Farm Commodities and Risk Management Subcommittee of the
House Agriculture Committee will hold a hearing on issues related to the
2012 farm bill.
The Senate Agriculture, Nutrition and Forestry Committee will hold a
hearing on the reauthorization of farm programs.
ARMED SERVICES: The Senate Armed Committee will hold a confirmation hearing on the nomination of General David H. Petraeus for reappointment to the grade of general and to be commander, International Security Assistance Force and, commander, U.S. Forces Afghanistan.
The Commerce, Justice, Science and related Agencies Subcommittee of
the House Appropriations Committee will mark up the fiscal 2011
Commerce, Justice, Science appropriations bill.
The Agriculture, Rural Development, FDA, and Related Agencies
Subcommittee of the House Appropriations Committee will mark up the
fiscal 2011 Agriculture appropriations bill.
The Transportation, Housing, Urban Development, and Related Agencies
Subcommittee of the House Appropriations Committee will mark up the
fiscal 2011 Transportation-HUD appropriations bill.
The Energy and Water Development Subcommittee of the House
Appropriations Committee will mark up the fiscal 2011 energy and
water development appropriations bill.
BANKING, HOUSING AND URBAN AFFAIRS:
The Senate Banking, Housing and Urban Affairs Committee will mark up
the draft Public Transportation Safety Act of 2010.
The House Budget Committee will hold a hearing titled “Perspectives
on the U.S. Economy”.
COMMERCE, LABOR AND TRANSPORTATION:
The Senate Commerce, Science and Transportation Committee will hold
a hearing titled “The Deepwater Horizon Tragedy: Holding the
EDUCATION AND LABOR:
EDUCATION AND LABOR:The House Education and Labor Committee will hold a hearing on the Improving Nutrition for America’s Children Act.
ENERGY AND NATURAL RESOURCES:
The Senate Energy and Natural Resources Committee will mark up
legislation that would revise the management of energy and mineral
resources on the outer continental shelf.
The Emergency Communication, Preparedness, and Response Subcommittee
of the House Homeland Security Committee will hold a hearing titled
“The Future of FEMA’s Grant Programs Directorate”.
The Transportation Security and Infrastructure Protection
Subcommittee of the House Homeland Security Committee will hold a
hearing titled “100% Air Cargo Screening: Remaining Steps to Secure
The Senate Judiciary Committee will hold a confirmation hearing on
the nomination of Elena Kegan to be an associate justice of the
The House Natural Resources Committee will hold a hearing on a
discussion draft for the substitute amendment to the Consolidated
Land, Energy, and Aquatic Resources Act.
SCIENCE AND TECHNOLOGY:
The Technology and Innovation Subcommittee of House Science and
Technology Committee will hold a hearing titled “Smart Grid
Architecture and Standards: Assessing Coordination and Progress”.
The Railroads, Pipelines and Hazardous Materials Subcommittee of the
House Transportation and Infrastructure Committee will hold a
hearing titled “The Safety of Hazardous Liquid Pipelines: Regulated
vs. Unregulated Pipelines”.
TAX EXTENDERS BILL FAILS, FUTURE UNCERTAIN
The Senate failed by a vote of 57-41 to gain the 60 votes needed to invoke cloture and move forward on H.R. 4213 on Thursday, June 24, 2010. This latest vote was on a new substitute that Sen. Max Baucus (MT), chair of the Finance Committee, submitted on Wednesday. The substitute cut funding in the bill to $110 billion and offset the costs for everything except the extension of unemployment benefits through Nov. 30, which would cost about $35.5 billion.
A major change made in the latest version reduced FMAP funds to states in the bill by about a third, from $24.2 billion to $16.2 billion. The original bill contained almost $200 billion in numerous programs to extend unemployment benefits, health insurance subsidies for the unemployed, and the “doc fix” for Medicare physicians, as well as extending numerous tax credits, such as the R&D credit.
The Senate separately passed a bill, H.R. 3962, that would delay the 21 percent cut in Medicare payment rates for physicians through Nov. 30th. The bill is retroactive to June 1st. The House took the bill up on Thursday and passed it under suspension of the rules by a vote of 417-1.The future of the bill is uncertain. Senate Majority Leader Harry Reid (NV) indicated before the cloture vote that if it failed he would pull the bill from the floor and take up a small business incentives bill.
The House of Representatives intends to take up the Supplemental Appropriations Act (HR 4899) this week, a bill that currently appropriates $58.8 billion towards issues including the War in Afghanistan, education, and immigration. Specifically, $24 billion would be spent domestically, a large amount of which would be directed at preventing school layoffs.
Chairman David Obey (D-WI) is trying to find the funding and offsets needed to include additional aid to the states in order to avoid teacher layoffs. The House will now attach its one-year budget resolution to the measure. However, House Republicans are urging Obey to hold the mark-up on the military spending bill ASAP.
President Obama has now officially requested the funding behind his border security pledge. The $600 million request would cover DHS and DOJ operations along the southern border. The request would be partially offset by taking $100 million from the border fence project. The funding request would go through September 30.
Congressional leaders hope to have the bill finished before July 4. At a different hearing on Wednesday, Secretary Gates informed Senators of the significant disruptions to readiness that will occur if the bill’s military funding is not provided soon.
OBAMA ADMINISTRATION, CONGRESS CONTINUE RESPONSE TO GULF OIL SPILL
Federal Judge Martin Feldman issued a preliminary injunction to
block DOI’s six-month moratorium on new drilling in waters greater
than 500 feet. The Administration has said it will appeal the
decision and/or offer a revised moratorium. Today, the judge
also denied the Administration’s request to keep the moratorium in
place while it appealed.
This past week, Ken Salazar, the Interior Secretary of the United States Ken Salazar, introduced his plans for the Mineral Management Services (MMS) in response to the BP crisis. Salazar said that the organization would be divided into three new agencies: the Bureau of Ocean Energy Management, the Bureau of Safety and Environmental Enforcement, and an office directed at handling the revenue stream of the organizations. According to Salazar, the division would strengthen the organization’s ability to operate effectively and prevent a great deal of the corruption that had become evident.Salazar appointed Michael Bromwich as head of the new Bureau of Safety and Environmental Enforcement and indicated that Bromwich would oversee in all decisions regarding the BP crisis. The Office of Natural Resource Collection will now handle all onshore designations.
NEW CYBER SECURITY BILLS INTRODUCED IN
In the past week, two new bills have emerged which are aimed at improving the cyber security of our country. The first such bill, the Cyber Infrastructure Protection Act of 2010 (S.3538), was authored from Senator Bond (R-MO) and Senator Hatch (R-UT) of the Select Intelligence Committee and would extend the cyber authority of the Armed Services Committee and the Energy and Natural Resources Committee.
Another bill which some have advocated for in the past week is the Protecting Cyberspace as a National Asset Act of 2010 (S.3480). Proposed by Senator Lieberman (I-CT), the chairman of the Homeland Security and Governmental Affairs Committee, the bill would grant the Homeland Security Department more power over cyber security.
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