At first glance, the $1.5 billion specifically earmarked for brownfield cleanup and a total of $21 billion set aside for environmental remediation in the $1 trillion Infrastructure Investment and Jobs Act (H.R. 3684) may seem paltry, given that there are an estimated 450,000 brownfield sites identified by the Environmental Protection Agency (EPA) in the U.S. […]
Congressional Democrats are struggling to come up with a plan to pass legislation containing much of their and President Joe Biden’s domestic policy agenda, with an eye toward having tangible achievements that can be touted in their 2022 midterm reelection bids. After spending much of 2021 disagreeing with centrist Senators Joe Manchin (D-WV) and Kyrsten […]
Finally, after months of political gamesmanship between progressives and moderates in the Democratic party, the House of Representatives on Nov. 5 passed H.R 3684, the Infrastructure Investment and Jobs Act, which President Joe Biden signed into law this Monday. The Senate passed the bill on Aug. 10, and moderate Democrats in the House had been […]
Anyone who has been following the ongoing saga of President Joe Biden’s domestic agenda in Congress is well aware of the deep divisions between the progressive and moderate wings of the Democratic party on key elements of that agenda. Progressive Democrats in the House of Representatives have been holding up a vote on the $1.2 […]
Even by Washington’s standards, the level of political theater surrounding President Joe Biden’s domestic agenda on infrastructure, climate and expansion of government social spending programs has been extraordinary. The same can be said about the ongoing debate over raising the nation’s debt ceiling, with even more serious implications for the global economy if Congress fails […]
Democrats in Congress are currently debating President Joe Biden’s $3.5 trillion human infrastructure plan which will probably include one of the largest tax increases in generations. Both Republicans and Democrats know that this will be a major issue in next year’s midterm elections, with Republicans expecting it will benefit them politically. While votes taken by […]
While NAIOP has a wide-ranging government affairs agenda, the two hottest areas of focus right now are the bipartisan infrastructure deal, which accounts for $1 trillion in “physical infrastructure,” and the budget reconciliation bill, which allocates $3.5 trillion toward “human infrastructure.” At NAIOP’s I.CON West last week in Long Beach, California, NAIOP Senior Vice President […]
The federal government has provided additional support for state and local governments in response to the COVID-19 pandemic. President Joe Biden signed the American Rescue Plan Act (ARP) into law on March 11, which established the Coronavirus State and Local Fiscal Recovery Funds. The new federal funds provide $350 billion to support state, local, territorial, […]
