July 11, 2022
Federal Update
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Congress is back, and there are 120 days until Election Day. The Senate is in session today, the House will return tomorrow, July 12, 2022. President Joe Biden will meet Tuesday with Mexican President Andrés Manuel López Obrador. Then it’s off to Israel (his first trip there as president) and Saudi Arabia for a controversial visit with a regime that he’s sharply criticized but is a pillar of U.S. policy in the region.
The January 6 Select Committee
The Jan. 6 select committee will hold what could be its last two public hearings this week, while the House takes up the defense authorization bill and pro-abortion rights legislation. The latest inflation data will be released early Wednesday morning, with the threat of a recession looming.
House Appropriations Package
The House looks set to take up a six-bill appropriations package the week of July 18. That’s based on a notice posted by the Rules Committee. The measure (HR 8294) will consist of the Transportation-HUD, Agriculture, Energy-Water, Interior-Environment, Financial Services and Military Construction-VA bills that appropriators reported out of committee. Members have a deadline of Wednesday, July 13, 2022, to file any amendments to the package. And the Senate Appropriations Committee plans to start marking up its fiscal 2023 appropriations bills now that it's back from the July Fourth recess. Both chambers are moving forward without a bipartisan, bicameral appropriations deal.
Parliamentarian to Vet Pieces of Downsized Reconciliation Plan
Talks continue between Senate Majority Leader Charles E. Schumer (D-N.Y.) and Sen. Joe Manchin III (D-WV) on a reconciliation package the West Virginia centrist can support. Climate provisions and tax increases are on the list of topics yet to be resolved. Schumer has told Democrats he hopes to reach a final agreement and bring the package to the floor as soon as late July.
Senate Republicans have tried to push back on the renewed attempt to pass a filibuster-proof, partisan budget bill. Senate Democrats have reached agreement on some pieces of the reworked package, such as a plan to use revenue from expanding a 3.8 percent investment income tax on the profits of active business owners to extend Medicare’s solvency into the next decade. Legislative language for the tax provision is expected to be submitted to the Senate parliamentarian in the coming days.
The text of provisions that would let Medicare negotiate prices directly with manufacturers for some prescription drugs was submitted to the parliamentarian last week. The Congressional Budget Office estimated that section of the downsized reconciliation bill would reduce deficits by a net $287.6 billion over a decade.
The parliamentarian will determine whether the sections comply with the chamber’s "Byrd rule" governing what is allowed in budget reconciliation bills, which cannot be filibustered and can pass with a simple majority vote. Schumer's work on the package this week will be done remotely; his office said Sunday evening he had tested positive for COVID-19, but is "fully vaccinated and double boosted, and has very mild symptoms."
Important Dates to Remember
- August 9, 2022: Primary Election & First Congressional District Special Election
- November 8, 2022: General Election
Please reach out to any of the Larkin Hoffman Government Relations team members with any questions.
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