Congress

116th Congress At A Glance

Topics: Congress

After funding the government, the must-do list for Congress includes addressing the debt limit (which was suspended until March 1, 2019), extending expiring federal programs, and dealing with the U.S.-Mexico-Canada Agreement. Otherwise, we can expect Congress to focus on messaging bills. A Democratic House will look to roll back provisions from the Tax Cuts and…

Incoming Freshman Members of Congress

Topics: Congress

63 of the new members are Democrats (60 in the House | 3 in the Senate) 37 of the new members are Republicans (31 in the House | 6 in the Senate) 40 of the new members are women (36 in the House | 4 in the Senate) 60 of the new members are men…

In This Week’s Tax News – 18.12.28

Topics: Congress

Friday, 28 December 2018 There is no end in sight for the shutdown. As of today, no solution has been identified that can garner sixty votes in the Senate and a Presidential signature to reopen the government. That is unlikely to change before the new Congress convenes on January 3, 2019. The House Democratic leadership…

In This Week’s Tax News – 18.12.21

Topics: Congress

Friday, 21 December 2018 It appears that we are heading for a government shutdown at midnight tonight. President Trump signaled a willingness to sign a government spending bill without funding for a boarder wall earlier in the week. The Senate passed a clean spending bill Wednesday night and left town, assuming it would be signed…

In This Week’s Tax News – 18.12.14

Topics: Congress, Tax reform

Friday, 14 December 2018 ICYMI: The SEC Standard of Care Proposal and Best Interest Regulation: Where Do We Go from Here? Yesterday, Bridget McNamara-Fenesy, CEO & President of M Holdings Securities, and Jim Lundy, Partner at Drinker Biddle discussed the SEC’s Standard of Care Proposal and AALU’s engagement to date, as well as the Proposal’s...

In This Week’s Tax News – 18.12.07

Topics: Congress, Tax reform

Friday, 07 December 2018 Legislative progress slowed in Washington this week in remembrance of President George H.W. Bush. The House cancelled votes for the week, but not before advancing a two-week stopgap spending measure that extends the deadline for passing a government spending bill to December 21st. This will give Democrats and Republicans more time…

In This Week’s Tax News – 18.11.16

Topics: Congress, Tax reform

Friday, 16 November 2018 The midterm election results are looking better for Democrats after a number of unsolved races were called over the last week. In the House, Democrats have now picked up 31 seats, giving them a 231-198 advantage with 6 races yet to be called. In the Senate, Democrat Kristen Sinema’s victory in…

In This Week’s Tax News – 18.11.09

Topics: Congress, Tax reform

Friday, 09 November 2018 While the 116 Congress will not convene until January, the freshman class will arrive in D.C. next Tuesday to begin their orientation. As of this morning there are twelve House races and three Senate races still too close to call, but regardless of their outcome this group of new lawmakers will...

In This Week’s Tax News – 18.11.02

Topics: Congress, Tax reform

Friday, 2 November 2018 Listen in as AALU’s tax counsel Ken Kies and Jeff Ricchetti provide insights into Tuesday’s midterm elections. Along with Josh Caron from AALU, they discuss how many seats the Democrats might pick up in the House, how the Republicans will hold the Senate, and what affect the President will have as...