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Budget reconciliation is a legislative process in the U.S. Congress that streamlines the passage of certain budget-related bills. Rooted in Section 310 of the Congressional Budget Act, reconciliation helps align [...]

To the American citizen, congressional budget accounting is inscrutable. But using some simplifying assumptions from budget documents, one sees that, from 15 executive departments and numerous commissions and bureaus, a [...]

This month, we wanted to highlight some of the new energy-related programs and announcements from DOD, DOE, and other agencies, as well as other relevant news in the energy and [...]

On Wednesday, Sept. 25, 2024, the House and Senate passed the Continuing Appropriations and Extensions Act, 2025 (H.R. 9747), or the three-month continuing resolution (CR) until Dec. 20, 2024. The [...]

Highlights During the first two years of the Biden Administration, the U.S. Congress appropriated significant amounts of funding outside the regular annual process for several major multiyear initiatives, including the [...]

The recently elected Chairperson of the Standing Committee on Appropriations, Mr Mmusi Maimane, invites stakeholders and interested parties to submit written or oral contributions on the 2024 Appropriation Bill. Tabled [...]

Federal Bill C-69, Budget Implementation Act, 2024, No. 1 Following the release of Federal Budget 2024 on April 14, 2024, draft legislation to implement certain provisions of the Budget was [...]

President Cyril Ramaphosa has signed into law the Second Adjustments Appropriation Bill and the Electoral Matters Amendment Bill. Image source: renjith krishnan – https://www.123rf.com In signing the two Bills, President [...]

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a [...]

We welcome the submission of the updated draft budgetary plan (DBP) for 2024 of Slovakia on 12 December 2023, as well as the Commissions Opinion published on 16 January 2024. [...]

FY24, Are We There Yet?: Following a weekend where the hopes of avoiding a shutdown appeared dim, our previously stated optimism was validated when congressional leadership struck a deal to [...]

The Topline: Where are the 302(b)s?: Though Congress bought more time to reach a spending deal with the passage of a CR last week, progress towards assigning the subcommittee spending [...]

Highlights Much of the federal government is funded by 12 annual appropriations bills. The federal fiscal year for 2024 (FY 2024) begins on Oct. 1, 2023, and if appropriations bills [...]

OVERVIEW The United States Congress is responsible for appropriating funds for the government. This process begins through the creation of 12 appropriations bills-each determining spending levels for federal agencies and [...]

'Why are you losing so much? Are you losing on purpose?' An implacable Lina Khan fended off four hours of hostile questions from members of the House Judiciary Committee, who [...]

TAKEAWAYS Artificial intelligence wins big in President Biden's FY 2024 budget request with billions in new funding proposed for AI-related research, hardware, software and services at the departments of Defense, [...]

On March 28, 2023, the Government of Canada delivered the 2023 federal budget (the Budget), which, as part of its commitments to support the energy transition economy in Canada, contained [...]

M2 PRESSWIRE-March 23, 2023-: Recovery and resilience plans: Commission must tighten checks and oversight (C)1994-2023 M2 COMMUNICATIONS RDATE:23032023 By 19 votes in favour to six against, the Budgetary Control Committee [...]

The General Directorate of Public Budget informs that, for the purpose of implementing the collective agreements signed at the Decentralized Level in the Scope by Public Entity within the framework [...]

On March 9, 2023, President Biden released his fiscal year (FY) 2024 budget request outlining the administration's priorities, including a nearly 10 percent increase in discretionary spending over the current [...]

On March 9, 2023, the White House released President Biden's proposed budget for fiscal year 2024 (FY 2024 Budget). The FY 2024 Budget, which the White House previewed in a [...]

Now that election results are clearer, here's what we can expect in the next Congress: The impact of the 2022 midterm elections will be felt primarily in US fiscal policy, [...]

LEGISLATIVE LOWDOWN Congress Advances Towards CR as Deadline Approaches. Yesterday, Senate Democrats proposed legislation to fund the federal government through Dec. 16 with the use of a continuing resolution (CR). [...]

LEGISLATIVE UPDATES Congress Takes Steps Toward Enacting Continuing Resolution The deadline to pass a continuing resolution (CR) is Sept. 30, 2022, although weekend votes are possible. The Senate is expected [...]

The ever-shorter August days remind me that autumn is around the corner and that most of 2022 is over. In 2022, the Government of Canada had proposed several significant changes [...]

The U.S. Senate on Aug. 7, 2022, passed the Inflation Reduction Act of 2022 (IRA). This comprehensive legislation is the result of many months of negotiations among Democrats to advance [...]

The Fiscal Year 2022-2023 budget consists of $45.3 billion in spending, which is an increase of $1.3 billion (3%) from last year's budget. The budget transfers $2.1 billion to the [...]

The Standing Committee on Appropriations has considered and adopted its reports on the 2022 Appropriation Bill (B7_2022) and second Adjustments Appropriation Bill (B8_2022) for the 2021/22 financial year. The Bill [...]

Legislative Lowdown Tax Staffers Discuss State of Tax Policy. At a tax conference last week, top officials from the Biden administration and key congressional staffers discussed the latest in tax [...]

On April 1, 2022, the Office of the US Trade Representative ('USTR') submitted its Budget Justification for Fiscal Year 2023 to Congress. The document details the funding requirement for the [...]

Legislative Lowdown Bipartisan Innovation Act: More Tax Talk. The conference committee to reconcile the House-passed America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act (COMPETES, H.R.4521) and [...]

Congress recently returned from its two-week recess with an extensive to-do list. Between now and the August recess, the House will be in session for a total of 32 legislative [...]

Today, Monday, March 28, President Joe Biden unveiled his Fiscal Year (FY) 2023 budget request, the second of his presidency. The $5.7 trillion proposal calls for $1.7 trillion in discretionary [...]

Both the House and Senate will be in session this week. President Biden will send his fiscal year 2023 budget proposal to Congress on Monday, which will showcase a $1 [...]

On 18 February 2022, Minister for Finance of Singapore Mr Lawrence Wong delivered the Budget Statement for Financial Year 2022 (the 'Budget'). In addition to measures aimed at mitigating the [...]

The Beltway Buzz is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what's happening in Washington, D.C. could impact your business. Government Avoids [...]

LEGISLATIVE LOWDOWN Build Back Better Reboot. Rep. Richard Neal (D-MA), the House Ways and Means Committee chair, and Sen. Ron Wyden (D-OR), chair of Senate Finance Committee, are cautiously optimistic [...]

Tax Tidbit Budget Reconciliation: By the Numbers. Since 1980, Congress has passed 26 budget reconciliation bills, 22 of which have become law. During 11 of those 41 years, Congress did [...]

Day two of the ACI's FCPA Conference featured a panel discussion with the general counsel from three companies-Cari Robinson of Revlon, Tony West of Uber, and Jennifer Zachary of Merck. [...]

The House of Representatives passed the $1.75 trillion 'Build Back Better Act' budget reconciliation bill, 220-213, on November 19, 2021. It includes $100 billion toward immigration measures, including provisions paving [...]

On Sunday, September 12, 2021, the House Ways & Means Committee (the 'Committee') released draft legislation as part of Congress' ongoing $3.5 trillion budget reconciliation process. The legislation, as approved [...]

Last month, the House Ways & Means Committee (the 'Committee') approved draft legislation (the 'Legislation') as part of Congress' ongoing $3.5 trillion budget reconciliation process. The Legislation includes significant tax [...]

The Committee on Economic Policy, Industry and Entrepreneurship Development at its meeting with the participation of the First Vice-Speaker of the Crimean Parliament Efim Fiks discussed the draft law 'On [...]

These were largely the result of preliminary discussions with business associates and other actors on 30 September 2021, including only measures that do not substantially erode budget revenues for 2022 [...]

On Monday, October 18, 2021, the Chair of the Senate Appropriations Committee, Sen. Patrick Leahy (D-VT), released a budget proposal for fiscal year 2022 for the Department of Education. In [...]

The Beltway Buzz is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what's happening in Washington, D.C. could impact your business. Congress: Lather. [...]

The Malta Budget for 2022 focuses on a number of measures targeted at supporting economic growth in a post-pandemic environment, as well as environmental and sustainability measures. CSB Group's team [...]