Quick Hit – May 4, 2020

Quick Hit I’ve been describing the lumbering giant of the government machine as mostly continuing normal operations during this pandemic, albeit from remote locations. Consider that nearly 3 Trillion dollars was appropriated by Congress over the past month and a half. Hundreds of millions of dollars were directed at specific hard-hit industries, and more will […]

Quick Hit – May 1, 2020

Congress Congress remains of two minds on how to best continue its work. The Senate plans to return Monday. Expect an extremely skeletal staff with most staffers continuing to work from home. The House will remain out of session and a return date has not been set. The contours of a fourth stimulus package, stimulus […]

April 16, 2020 – 2-Minute Drill

As we’ve remained appropriately distant, government functions have mostly continued. In bullet format, a few quick updates: The Senate has remained in “pro-forma” session, thereby preventing President Trump from making recess appointments to positions that otherwise require Senate confirmation. President Trump has indicated he’ll make appointments and resolve it in court The Senate has delayed […]

March 25, 2020 – Stimulus check-up. Are you in?

Jump to the bottom for my gift to you during this period of isolation This Quick Hit is long because it has to be. Below are high-level details of the three COVID-19 stimulus bills. It is meant to be an easy skim, not a grueling read. Last Thursday, I shared with clients that $1 Trillion […]

Quick Hit – March 13, 2020

Beyond the Uncertainty Unfortunately, we are witnessing an epic failure of national leadership. This cannot and should not be sugar coated. Compounding the failure of leadership is a failure to communicate effectively. Actions of business leaders, sports and entertainment leaders, and markets have awakened the nation to the severity of the spread of COVID-19. This […]

Quick Hit – March 6, 2020

Coronavirus and Congress As the coronavirus continues to grow around the world and the number of cases in the US mounts, Congress worked to appropriate $7.8 billion in emergency funding to help combat the disease. The House has passed the bill in a 415-2 vote and the Senate passed it with a 96-1 vote. The […]

Quick Hit – February 17, 2020

Quick Hit – What Just Happened? You might have seen a minor blip in the news late last week as Members of Congress were departing on a one-week “district work week.” The President has asked to move $3.8B of FY20 funds from Defense to the border wall – again.  The President’s ask came in the […]

Quick Hit – February 11, 2020

The President’s FY21 Budget I wish I had coined the phrase, but believe Huntington Ingalls’ Mitch Waldman spoke it first when commenting on the five-year budget forecast that accompanied last year’s FY20 budget – “Flat is the new up!” It’s here. Monday, President Trump delivered the FY21 budget to Congress. It landed as most President’s […]