A Sprint Through September, November, and the Final Days of the 118th Congress
As Congress returns from its August recess, the legislative agenda for September and the final stretch of 2024 looks especially packed and contentious.
Sen. Bob Menendez Found Guilty in Corruption Trial
On July 16, 2024, Senator Bob Menendez (D-NJ) was found guilty on multiple charges of corruption. This verdict marks the culmination of a high-profile trial that has garnered widespread media attention and raised questions about ethical standards in politics.
Republican Tax Teams Deep Dive
In April, the Chairman of the House Ways and Means Committee Jason Smith (R-MO-08) and Tax Subcommittee Chairman Mike Kelly (PA-16) announced the formation of ten Committee Tax Teams. The teams are comprised of Ways and Means Republican members, to address the key tax provisions from the 2017 Trump tax cuts that are set to expire in 2025.
Farm, Food, and National Security Act of 2024 Section-by-Section Summary
Below is a comprehensive summary of the Farm, Food, and National Security Act of 2024.
House Ways & Means Introduces New Miscellaneous Tariff Bill (MTB)
The Office of the United States Trade Representative today released President Biden’s 2024 Trade Policy Agenda and 2023 Annual Report to Congress, which details USTR’s work to advance President Biden’s trade agenda. The President’s 2024 Trade Policy Agenda stands up for workers’ rights and sustainable trade practices, supports U.S. farmers, ranchers, fishers, and food manufacturers, bolsters supply chain resilience, addresses unfair policies and practices, and advances inclusive, durable trade policy through expanded engagement.
Comprehensive Tax Reform Outlook
Our very own Denise Bode has been named as one of Washington DC's 500 most influential people shaping policy in 2024. This is an incredible accomplishment and recognizes Denise's countless contributions to both her clients, colleagues, and her dedication to making meaningful policy change in Washington.
Agriculture Committee Leaders Provide Broad Frameworks for Farm Bill
This week, both the House and Senate majorities published general summaries making up the core pillars of each respective Farm Bill legislative proposal. House Republicans led off with a title by title summary of the Republican version of the bill earlier this week. Chairman GT Thompson (R-PA-15) noted his intent to hold a markup hearing for their bill on May 23rd. Full legislative text would be released several days beforehand.
The Evolution of Speaker Johnson's Stance on Ukraine
On Tuesday April 23 the Senate voted to approve a new aid package for Ukraine, ending months of struggle between Speaker Mike Johnson and the White House.
Biden Administration Initiates New Trade Action Against China
Since the first investigation of China by the Trump Administration under Section 301 of the Trade Act of 1974 (Section 301 Investigation) conducted by US Trade Representative Robert Lighthizer, the United States has targeted the Peoples’ Republic of China (PRC) with a number of tools and tariffs aimed at protecting the intellectual property of the US technology and other data rich industries. They ranged from expanding the powers of the Committee on Foreign Investment in the United States (CFIUS) as well as expanded export controls and recent regulation and legislation related to cross-border data transfer like Tiktok. And of course, the tariffs imposed on China as a remedy to the Section 301 investigation imposed are still in place and under review by the Biden Administration, although US Trade Representative Tai also said this week that review was close to completion.
Congressional Review Act During the 2024 Election
This week, the Biden administration faced pressure to finalize several rules in time to avoid the Congressional Review Act (CRA) deadline that would allow lawmakers to overturn them. Here is an overview of several proposed rules, as well as an explanation of the Congressional Review Act.
FY 2024 Appropriations Concludes; Government Funded Through September
At the end of the week, Congress passed a sweeping $1.2 trillion spending package, steering the United States government clear of a looming partial shutdown. The passage of this budget agreement not only underscores the complexities of contemporary American politics but also signals significant repercussions within the political landscape, particularly within the House of Representatives.
GOP Giant Announces Retirement As Leader
On Wednesday, February 28th, Senate Minority Leader Mitch McConnell announced he will step down as GOP leader in November. Sen. McConnell will continue to serve as a Senator but believes it is time for "the next generation of leadership" to take control of the conference. His announcement marks the end of an era for his leadership. In 2023, he became the longest-serving Senate party leader in history.
Fiscal Cliffhangers: The Battle Over FY2024 Spending and the Road to FY2025
Congress is yet again staring down the barrel of a government shutdown. With the upcoming deadlines to pass the necessary appropriations bills or a new Continuing Resolution looming, Congress must also contend with the approaching FY2025 appropriations process. Here is a look at where FY2024 appropriations stand and what it means for the next fiscal year.
Trends & Dynamics of the 2024 Election
With the 2024 election season fully underway, welcome to the Constitution Partners analysis of trends and dynamics for the presidential and congressional races we are tracking.
Tax Bill Heads to Senate
On Wednesday, January 31st, the House passed the Tax Relief for American Families and Workers Act in a bipartisan 357-70 vote. The $78 billion bipartisan bill marks a significant success for House Ways and Means Committee Chair Jason Smith (R-MO) and also for Democrats with the inclusion of the child tax credit (CTC).
Medicare Opens Drug Price Negotiation Period
On February 1, drugmakers received initial offers for how much Medicare is willing to pay for their medicines, kicking off drug price negotiations for the first time. Companies have one month to counteroffer.
Bipartisan Tax Package Announced; Approved by House Ways & Means Committee
After months of anticipation, Senate Finance Committee Chairman Ron Wyden (D-OR) and House Ways & Means Committee Chairman Jason Smith (R-MO-08) have announced The Tax Relief for American Families and Workers Act of 2024, a bipartisan tax agreement totaling roughly $80 billion. The bill was approved by the House Ways & Means Committee on Friday, January 19.
Congress Passes Yet Another Stopgap Spending Bill
In a 314 to 108 vote on January 18, 2024,, the House of Representatives passed another stopgap spending bill sending it to President Biden’s desk and averting a government shutdown.
Retirements & Resignations Create Obstacles for 118th (and 119th) Congress
Ousted Speaker Kevin McCarthy has announced his resignation from office after a 17-year tenure, marking the end of an era for a generation of House Republicans. McCarthy's departure signifies a shift within the Republican leadership, especially considering his association with former Reps. Paul Ryan and Eric Cantor, collectively known as the "Young Guns," who advocated for a new style of GOP governance.
Congress Avoids 2023 Funding Lapse; Sets Up Early 2024 Funding Showdown, But Funds Farm Bill For One Year
Congress has passed a stopgap bill to keep the government open, putting Congress on a path to avert a shutdown this Friday and setting the stage for a broader funding fight in the new year.