House and Senate negotiators have finalized an economic recovery package conference report, which passed the House on a largely party-line vote Friday afternoon and will pass the Senate in the late evening. The $787 billion package includes significant funding for research and student aid, but does not provide resources desired specifically for higher education infrastructure… Read More
House Speaker Nancy Pelosi released the fact sheet below on the economic recovery package conference report that is being prepared for a final vote in the House and Senate. The information below should be treated as preliminary. We will provide additional information as it becomes available. The conference report on American Recovery and Reinvestment Act… Read More
House and Senate negotiatiors, in collaboration with White House Chief of Staff Rahm Emanuel and Office of Management and Budget Director Peter Orszag, worked throughout Tuesday night and well into Wednesday to reach an agreement on a $789 billion economic recovery package. The proposed bill is less than the figures that emerged from the House and… Read More
As expected, late Monday afternoon, the Senate voted to advance the “Nelson-Collins Amendment” to the proposed economic recovery package. The amendment, drafted primarily by Senators Ben Nelson (D-NE) and Susan Collins (R-ME), trimmed the size of the underlying economic recovery bill by approximately $100 billion and garnered enough support (on a 61-36 vote ending debate)… Read More
The House leadership has indicated that they will now delay consideration of an omnibus FY09 appropriations bill until after the President’s Day recess. It is possible that some of the spending provisions stripped out of the economic recovery package – in order to gain passage – will be added to the FY09 omnibus.
A procedural rule requiring that 60 senators vote to end debate on a piece of legislation has necessitated a more bi-partisan approach to passing an economic recovery in the Senate as compared to the House of Representatives. A series of amendments are expected to be offered and voted on throughout the day, as has been… Read More
The House of Representatives may take up an omnibus fiscal year 2009 appropriations bill this week, which would fund many federal agencies through September 30th of this year. House Majority Leader Steny Hoyer (D-MD) indicated, last week that he would seek to advance the legislation in the next few days, even though work on the… Read More
Last week, the House of Representatives passed (H.R.1) an $819 billion economic recovery package. The measure includes $550 billion in spending and $275 billion in tax provisions. The legislation passed the House on a 244-188 party line vote. This week, the Senate will continue consideration of its own version (S.1) of an economic recovery package…. Read More