Patrick Firth 6/14/23 Patrick Firth 6/14/23

Smoke Signals & Taxing Events

It was a busy week in the nation’s capital. The Constitution Partners team reviewed the major events driving American public policy and business interests, and have provided a summarized overview for your review.

Lulu Geller 6/9/23 Lulu Geller 6/9/23

Interagency Collaboration on Hydrogen Tax Matters as Biden Administration Publishes First Strategic Roadmap

Technical experts from the Department of Energy are weighing in on how the Treasury Department should devise a production tax credit for hydrogen.

Denise Bode 6/4/23 Denise Bode 6/4/23

Congress Finally Passes Debt Ceiling Compromise - What's Next?

Late last week, the Senate passed legislation to suspend the debt ceiling and restrict government spending through the 2024 election, ending a drama that threatened a global financial crisis. The measure was signed Saturday by President Joe Biden, who forged the deal with Speaker Kevin McCarthy (R-CA) and plans to sign it just days before a looming U.S. default.

Patrick Firth 5/31/23 Patrick Firth 5/31/23

Deep Dive: Fiscal Responsibility Act of 2023

Chief negotiators worked over the weekend to put together a debt ceiling agreement to take to Congress for consideration by legislators. While a deal was announced around 9pm EST Saturday evening, the legislative text of the Fiscal Responsibility Act was only published on Sunday evening. Constitution Partners reviewed the legislative proposal and has the following analysis.

Lulu Geller 5/25/23 Lulu Geller 5/25/23

Energy Department Launches New Clean Fuels & Products Effort

On May 24, the Department of Energy announced a new ‘EarthShot’ to find low-carbon alternatives to petroleum-based transportation fuels and chemical feedstocks for plastics. In addition to identifying five critical research areas, the announcement set specific emissions reduction targets for year 2050.

Lulu Geller 5/23/23 Lulu Geller 5/23/23

White House Takes On Artificial Intelligence; Releases New A.I. RFI

The Biden Administration has rolled out an updated “National AI R&D Strategic Plan,” which nine focus areas for federal AI efforts. The White House's announcement this week also includes a new RFI on the matter, as well as an update on AI from the Department of Education.