Finding the Right Metrics for the First 100 Days
Senator Daniel Patrick Moynihan, who I had the privilege to work for in the Senate, was famous for the truism that “everyone is entitled to their own opinions, but not their own facts.” He was also well known for insisting on the right metrics to evaluate progress in our nation, states, and cities. As we are bombarded by punditry on the first 100 days of the Administration, we would all benefit by focusing on the right metrics. The number of bills proposed or passed, the number of orders signed or overturned, or the number of promises checked off are the wrong metrics.
Washington Update: State of Play on Appropriations/Shutdown, Health Care, Tax Reform, Infrastructure, Economy, Debt Ceiling, Budget, Regulatory Rollback
Every Administration and every Congress — regardless of the Party in power — should be judged by how its actions impact: the growth of America’s Middle Class; the opportunities for education, training and economic advancement; access to affordable healthcare; the stability and long-term health of our environment; the strength, openness, and vitality of our democracy and confidence in our democratic institutions; the security of our people, both domestically and internationally; and the advancement of democracy, stability, tolerance, and human rights globally. In this spirit, FedWeb.com will continue to provide nonpartisan, factual, and plain English updates on Federal #budget, #spending, #taxes, #debt, the #economy, #healthcare, #international-trade, and all things #Federal. Read more at: http://fedweb.com/update-and-outlook/...
Welcome to FedWeb’s newest feature: WASHINGTON UPDATE-OUTLOOK. Click here for latest developments – always nonpartisan and factual – on Federal Spending, Health Care, Tax Reform, Infrastructure, Economy, Debt Ceiling, Budget, and Regulatory Rollback.
How Tax Reform Will Unfold
In evaluating where the White House and GOP congressional leaders will focus their efforts following the demise of Trump-Ryan health care reform, consider the following: $1 trillion in new infrastructure spending is a heavy lift due to significant conservative opposition to new spending and few indications of a move toward bipartisanship; and the White House budget plan calling for $54 billion in defense increases, offset by cuts to widely supported domestic programs, is a non-starter because adjusting the spending caps and enactment of Appropriations bills both require 60 votes in the Senate.
Trump Budget Outline Calls for Massive Shift in Spending Priorities
Therefore, tax reform is likely to be next in the legislative queue. White House and GOP Congressional leaders are likely to begin Tax Reform this Spring using the FY 2018 congressional budget process, to take advantage of Budget Reconciliation’s filibuster-proof fast-track in the Senate. Here’s how it works and what may be included in the tax bill...
The Trump Administration released a budget outline Thursday morning, addressing the 30% of the budget that is appropriated annually by Congress (i.e. defense and non-defense discretionary spending). Proposals on entitlement programs and tax reform are expected to be released in May. Link to Trump...
Budget Reconciliation, the Byrd Rule and the Affordable Care Act
We are about to witness the late Senator Robert C. Byrd of West Virginia exerting his posthumous influence over the impending Senate debate to "repeal-and-replace" the Affordable Care Act. The reason is the rule that bears his name -- "the Byrd Rule" – which is about to take center stage once again....