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March Employment Report
Last Friday, the U.S. Department of Labor reported more than 916,000 Americans returned to work in March, surpassing expectations and marking the biggest jump in employment since the summer, as Americans get vaccinated and more states and cities allow businesses to reopen. The overall unemployment rate fell to six percent, indicating the U.S. economy is on track for record growth this year.
Fiscal Year (FY) 2022 Discretionary Request Released
U.S. President Joe Biden released an outline of his $1.5 trillion budget request to Congress today (April 9) that would provide $769 billion for non-defense programs and $753 billion in national defense funding for FY 2022. The White House detailed discretionary spending levels that President Biden requests for each federal agency, along with information on the President’s investment priorities for programs dedicated to issues like clean energy, public health, education and helping disadvantaged commu
Infrastructure Plan Scuttlebutt. With Congress not returning to Washington, D.C., until next week, the White House’s American Jobs Plan proposal is still driving much of the political.
Friday, April 9, 2021
Infrastructure Plan Scuttlebutt
With Congress not returning to Washington, D.C., until next week, the White House’s American Jobs Plan proposal is still driving much of the political discussion in town this week. Of course, we still do not know what might be contained in an actual infrastructure bill, though we received a few clues this week regarding both process and substance surrounding the proposal.
Reconciliation an option for Dems. This week, Democrats indicated that the Senate parliamentarian had given them the green light to further use the budget reconciliation process to pass legislation with a majority of votes, thus avoiding a filibuster that requires 60 votes to overcome. Traditionally, use of the budget reconciliation process has been limited to once per fiscal year (which roughly translates to twice per calendar year because the fiscal year runs from October 1 to September 30). Congressional Democrats used budget reconciliation to