18
Apr
2023
Debt Ceiling Debate in Washington
Posted On April 18, 2023  By Eric Schmutz  And has 3 Comments

On Monday, House Speaker Kevin McCarthy visited Wall Street to debut the latest House Republican proposal to raise the debt ceiling. In his speech, McCarthy stated that in the coming weeks, the House would approve a one-year increase in the debt limit that will include a reduction in discretionary spending to 2022 levels, while limiting future increases to 1% annually over the next 10 years.

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15
Mar
2023
Major Tax Increases Proposed in Biden’s 2024 Budget
Posted On March 15, 2023  By Aquiles Suarez  And has 2 Comments

President Joe Biden submitted his proposed fiscal year 2024 federal budget to Congress on March 9. It contains numerous tax increases that repeatedly failed to clear the House of Representatives and Senate even when these chambers were controlled by Democrats. But the president’s budget submission makes sense if you acknowledge that its primary purpose is as a political messaging document, meant to provide a contrast between his administration and Republicans in advance of the 2024 presidential election.

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18
Jan
2023
Return to the Hill: CL&LR 2023
Posted On January 18, 2023  By Aquiles Suarez  And has No Comment

In less than two weeks, NAIOP members and chapter local executives will be headed to Capitol Hill to meet with their elected representatives, senators and congressional staff. In so doing, they will be taking the opportunity to establish relationships with newly elected members of Congress; renew and deepen existing ties with incumbents; and talk to their elected officials about issues important to the commercial real estate industry.

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16
Nov
2022
After Surprise Midterms, Leadership Races and Lame Duck Begin
Posted On November 16, 2022  By Aquiles Suarez  And has No Comment

The 2022 midterm congressional elections certainly did not turn out as many had expected. With President Joe Biden’s approval ratings stuck in mid-40 percentile range, inflation being the top issue for the largest number of voters, and with the president’s party historically losing seats, the conventional […]

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05
Oct
2022
Congress Recesses for the Midterms
Posted On October 5, 2022  By Aquiles Suarez  And has No Comment

Members of Congress, both the House and Senate, finally got the chance to do what they have been desperate to do for weeks: get out of Washington, D.C., and campaign full time for re-election. With the only must-pass legislation in September being a continuing resolution (CR) […]

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21
Sep
2022
State and Local Governments Play Key Role in Achieving Federal Policy Objectives
Posted On September 21, 2022  By Toby Burke  And has No Comment

The federal government in the United States is responsible for establishing national policies and objectives that are often not achievable without the active participation of state and local governments in our federalist system of government. Federal funds are usually included as part of these efforts to […]

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07
Sep
2022
Congress Returns, But Focus Will Be on Midterms
Posted On September 7, 2022  By Aquiles Suarez  And has No Comment

The Senate is back in session this week, and the House of Representatives returns from its summer recess next week. But with the exception of a continuing budget resolution that needs to be passed by both chambers before an Oct. 1 deadline to prevent a government […]

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03
Aug
2022
Reconciliation Redux and Carried Interest
Posted On August 3, 2022  By Aquiles Suarez  And has No Comment

redux: Latin, (from the verb reducere, meaning “to lead back”) can mean “brought back” or “bringing back.” A few weeks ago, Democratic hopes for a big bill that would enact President Joe Biden’s climate change agenda, among other things, seemed all but dead. West Virginia Senator Joe Manchin […]

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20
Jul
2022
Biden’s Climate Agenda Dealt Serious Blows
Posted On July 20, 2022  By Aquiles Suarez  And has No Comment

In short order, President Joe Biden’s climate agenda has suffered serious blows on both the legislative front and in the judicial sphere. On Thursday of last week, Senator Joe Manchin (D-WV), who had been negotiating with Senate Majority Leader Chuck Schumer (D-NY) on a budget reconciliation […]

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17
May
2022
National Forum Members a Vital Resource for NAIOP Government Affairs
Posted On May 17, 2022  By Aquiles Suarez  And has No Comment

Twice a year, at the annual Forums Symposium and again at CRE.Converge, NAIOP’s government affairs staff meets with a number of NAIOP’s National Forums for purposes of updating members on current issues in Congress, the status of our federal advocacy efforts, challenges faced by the industry […]

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