Quick Hit – February 2, 2016

What’s Coming Next Week in Defense… On February 9 the Obama administration will release its budget proposal for the 2017 fiscal year. The expected topline defense proposal according to the October 2015 budget deal should be $583 billion, split $524 billion in base budget funding and $59 billion for Overseas Contingency Operations funding.   The […]

Quick Hit – January 18, 2016

Congress: Congress has returned for the second session of the 114th Congress; Floor actions on the near horizon include: North Korea sanctions enforcement; Iran Terror Finance Transparency and proposed changes to Senate filibuster rules The Budget: FY17 budget will be delivered one week later than usual on February 9th (technically budget is due to Congress […]

Quick Hit – December 18, 2015

Congress’s Holiday Gift to Obama… Today, the Senate finalized the $1.8 trillion spending deal and tax package in a 65-33 vote. It is expected that the bipartisan legislation will be signed into law by the President shortly. Biggest takeaways… The Republicans got: Lift on long-time ban on oil exports Permanent tax breaks for business Sec. […]

Quick Hit – December 15, 2015

Race to the Finish… Late Tuesday night House Speaker Paul Ryan announced a $1.1 trillion spending bill and $500 billion tax package deal to fund the government through fall 2016. The spending legislation and tax package will go to the House, to be voted on separately, on Thursday. The bills are expected to pass despite […]

Quick Hit – Dec 10, 2015

FY16 Spending Negotiations The original deadline Dec. 11 deadline for the omnibus bill is likely to be extended through the weekend to Dec. 18. Congress has been struggling to complete the spending legislation in time due to ideological contestations over certain policy riders including refugee policy, financial regulations, and Planned Parenthood funding. A short continuing […]