15
Mar
2023
Major Tax Increases Proposed in Biden’s 2024 Budget
Posted On March 15, 2023  By Aquiles Suarez  And has 1 Comment

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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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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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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17
Nov
2021
What’s in the Infrastructure Bill
Posted On November 17, 2021  By Aquiles Suarez  And has 4 Comments

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. […]

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18
Aug
2021
State and Local Governments Receive Federal Recovery Funds Under Interim Rule
Posted On August 18, 2021  By Toby Burke  And has 14 Comments

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 […]

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16
Jun
2021
Keep Your Eyes On The Calendar
Posted On June 16, 2021  By Aquiles Suarez  And has 8 Comments

In the movie Apollo 13, there is moment when NASA engineers are arguing over what they need to do to save the lives of the astronauts in their capsule, which had been damaged by an explosion. In that scene, NASA engineer John Aaron realizes that the […]

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02
Jun
2021
White House Budget Provides Details for Biden Tax Proposals
Posted On June 2, 2021  By Aquiles Suarez  And has 55 Comments

Last week, President Joe Biden submitted his proposed fiscal year 2022 budget to Congress, providing lawmakers with additional details regarding the major infrastructure and social spending initiatives comprising his American Jobs Plan and American Families Plan. In times of divided government in Washington, a White House […]

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07
Apr
2021
To Pass the Senate, Biden’s Infrastructure Package Will Need Changes
Posted On April 7, 2021  By Aquiles Suarez  And has 2 Comments

Last week in Pittsburgh, President Joe Biden unveiled his long-awaited infrastructure proposal, an approximately $2.3 trillion initiative dubbed the American Jobs Plan. While infrastructure development is traditionally a bipartisan issue, the sheer scope of the plan and the Biden administration’s expansive definition of the term, plus the method adopted to pay for the effort, prompted immediate opposition from […]

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06
Nov
2019
What’s Holding Up a Federal Budget?
Posted On November 6, 2019  By Rich Tucker  And has No Comment

Could another federal government shutdown be on the way this month? Nobody seems to want that to happen, but nobody can rule it out, either. The federal fiscal year started October 1. But because Congress failed to pass a fiscal year 2020 budget, the federal government […]

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22
Feb
2017
The Impact of Federal Tax Reform on State and Local Governments
Posted On February 22, 2017  By Toby Burke  And has 1 Comment

President Trump and Congress are committed to undertaking comprehensive federal tax reform this year in order to create jobs and spur domestic investments in manufacturing and other industries. These federal tax reform efforts should not overshadow the potential fiscal repercussions at the state and local levels. […]

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