November 21, 2017 – After a grueling 24-hour markup session (spread over four days), the Senate Finance Committee on November 16 approved a draft plan for tax reform and restructuring that would increase federal deficits by over $1.4 trillion over the coming decade.
Eno Transportation Weekly
Category: Senate Finance Committee
November 10, 2017 – Yesterday afternoon, the House Ways and Means Committee approved a $1.5 trillion tax reform and rate reduction bill after a contentious four-day markup session.
September 29, 2017 – Earlier this week, the White House, in coordination with House and Senate Republican leaders, released a joint framework document for a tax reform plan.
January 5, 2016 – This week, the full lineup of standing committees in the U.S. Senate for the new 115th Congress was announced and ratified.
December 23, 2016 – Yesterday, incoming Senate Minority Leader Chuck Schumer (D-NY) announced the full lineups of Democratic committee memberships for the upcoming 115th Congress.
October 2, 2015 – High-level talks between senior members of the Congressional tax committees broke down today as those legislators were trying to find a way to use the proceeds from reforms to international business taxation to pay for a “robust” six-year surface transportation bill.
June 25, 2015
June 11, 2015 – The chairman of the House Ways and Means Committee announced his panel will hold a long-awaited hearing on the Highway Trust Fund, while the Senate Finance Committee continues its work on the same.
May 6, 2015 – The official scorekeepers of Congressional legislation that would change tax law dealt a potentially fatal blow last week to the idea of using receipts from a one-time repatriation “holiday” of cash held by U.S. corporations abroad to pay for Highway Trust Fund solvency.
May 6, 2015 – Senate Finance Committee ranking minority member Ron Wyden (D-OR) and Senator John Hoeven (R-ND) this week announced a new proposal to promote public-private partnerships in infrastructure development by creating some blend of up to about $180 billion in new tax-exempt infrastructure bonds or up to $45 billion in actual tax credits that can be given to businesses that invest in infrastructure projects.
August 12, 2015 – The dust has settled, and both chambers of Congress have now left the nation’s capital, not to return until September 8.
A flurry of late July action on the Senate floor led to that chamber’s passage of a 1,043-page surface transportation reauthorization bill by a vote of 65 to 34 – almost two to one in favor. While this sounds impressive, it does not stack up particularly well against the initial Senate passage votes of multi-year surface transportation bills in 2012 (74 to 22), 2005 (89 to 11), 1998 (96 to 4), 1991 (91 to 7), or 1987 (96 to 2). One has to go all the way back to 1982…
December 15, 2014 – Senate Republicans announced their committee assignments for the upcoming Congress today, joining Democrats who made the assignments last week. However, Republicans have not formally selected committee chairmen for the upcoming Congress yet (in most cases there is no contest, but we are thinking mostly of Budget, where there is a contest).
December 12, 2014 – The House of Representatives has passed another clean seven-day CRD, and Senate Democrats have announced their committee assignments for the upcoming Congress.