House and Senate Complete Markups for Agriculture-Rural Development-FDA FY 24 Appropriations Bills
The full appropriations committees of both the House and Senate have now approved the Agriculture-RD-FDA appropriations bills in votes during markup hearings in June. Constitution Partners provides initial analysis of these countering proposals in this writeup.
Energy Independence in 2023
As we celebrate American independence and the great freedoms that come with it, it is also a time to recognize America’s greater energy independence in 2023. Why do we say that since we clearly still import energy? And what does it mean to be energy independent anyway? What is the importance? The Constitution Partners team answered all these questions and more in the sections to follow.
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.
Debt Ceiling Deal Emerges; Uncertain Future Remains
Chief negotiators have worked over the weekend to put together a debt ceiling agreement to take to Congress for consideration by legislators. Leaders worked throughout the day and the deal was announced around 9pm EST.
Supreme Court Deals Major Blow to Biden Water Priorities; Clean Water Act Interpretation Significantly Narrowed
On May 25, the U.S. Supreme Court issued a ruling against the Environmental Protection Agency (EPA) that has significant implications for wetland protections and throws the Biden administration's current water policy rule into limbo.
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.
Farm Bill Presents Opportunity to Address Nation's Food Security; Protect American Growers and Consumers
With the United States set to become a net food importer in 2023, there has never been a more important time to address several core reasons for this increasingly dangerous dependence on foreign markets. Constitution Partners dives into several policy proposals that will protect the growers and packers of America’s fruits and vegetables.
One Year of ARPA-H and its First Funding Opportunity
The Advanced Research Projects Agency for Health (ARPA-H) is seeking funding proposals for research aiming to improve health outcomes across patient populations, communities, diseases, and health conditions. ARPA-H also encourages concepts to advance the objectives of President Biden’s Cancer Moonshot, as well as more disease-agnostic approaches.
ITC Report Finds U.S. Importers - Not China - Paid Trump Administration Tariffs
International Trade Commission finds U.S. importers bore nearly the full costs of 232/301 tariffs.
President Biden Releases FY 2024 Budget Request
The President's budget includes a total if $6.9 trillion in spending, but is expected to result in $2.9 trillion in deficit reduction over ten years. Even still, the deficit in 2024 would increase from $1.6 trillion to $1.8 trillion, and the gross federal debt would swell to $51 trillion after a decade.