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House Releases $81 Billion Supplemental

Totaling $81 billion, the supplemental spending bill (HR 4667) released Monday evening is $37 billion more than the $44 billion the Trump Administration requested in mid-November. As supplemental appropriations, the money is designated as emergency spending, which does not require offsets under congressional budget rules. The White House included a list of offsets, which can be found here.

If approved as is, this latest disaster aid bill would bring the emergency spending total to $132.75 billion this year — significantly surpassing the $60 billion spent in the aftermath of Hurricane Sandy and the $120 billion appropriated after Hurricane Katrina.

The bill includes:

  • $27.6 billion for the Federal Emergency Management Agency
  • $26.1 billion for Community Development Block Grants for disaster recovery
  • $12.1 billion for the Army Corps of Engineers
  • $3.8 billion for agriculture recovery
  • $2.9 billion to assist schools in affected areas to rebuild and refurbish
  • $1.6 billion for the Small Business Administration disaster loan program
  • $1.5 billion to repair military facilities
  • $1.4 billion for damages to federal highways
  • $600 million in economic development grants

The bill includes language that would allow individuals who have lost property to wildfires to deduct damage costs on their taxes, would remove the penalty for withdrawing money from a retirement account and would incentivize donations to people and regions rebuilding after wildfires.

House leadership has not yet announced whether the supplemental aid package will be added to the stopgap spending bill (H J Res 124) heading to the House Rules Committee on today and the House floor after that.

Current stopgap funding  expires Dec. 22.

House Science Committee Chairman to Retire

In a statement released earlier today, Rep. Lamar Smith (R-TX), Chairman of the House Science Committee, announced that he plans to retire at the end of this term.

Currently in his 16th term, he has been a key player in a number of areas of critical interest to academia and higher education.  Among other issues, as chair of the Science Committee, he has been involved with the recent debates around federal support for social and behavioral sciences as well as the intense discussions around earth and climate science.  In the past, including during his stint as the chairman of the Judiciary Committee, he has been a critical player in immigration and visa-related issues.

This Week: CHIP and Taxes

The House and Senate are back this today for what will be the long slog until Thanksgiving. There’s a ton of to-do items on the agenda, including tax reform, raising the debt ceiling, FY 2018 appropriations, the annual National Defense Authorization Act (NDAA), and the list goes on. The focus for the House this week will be extending the Children’s Health Insurance Program (CHIP), while the Senate will continue on more judicial nominations. Both Houses will begin to turn efforts into tax reform.

The House is set to unveil their version of a tax reform bill on November 1 and a mark up in committee shortly thereafter.  Tentatively, this means, the House could consider the measure on the Floor during the week of the November 6. After passage, the measure would move to the Senate the week of November 13 for mark-ups in the Senate Finance and Energy and Natural Resources Committees and floor consideration during the week of the 20, which is Thanksgiving Recess. Per the agreed expedited process, the tax measure would be considered as a reconciliation bill, so it would only get 20 hours of debate and a vote-a-rama — it could be considered in three days.  While this schedule is incredibly ambitious, this framework is the working schedule as of now.

The House— one month after funding for the CHIP has lapsed — is gearing up for a vote on extending funding for the federal program, which insures nine million children in the US. Both parties have been negotiating for weeks. Earlier this month, the House Energy and Commerce Committee approved a measure to fund CHIP for five years with zero Democratic support. Democrats opposed cutting dollars from Obamacare’s public health fund to pay for the measure — so it wasn’t sent to the floor for a vote. However, the GOP is now moving forward as the clock keeps ticking: several states are slated to run out of CHIP money in the next few weeks.

Meanwhile, at the other end of Pennsylvania Avenue, ehe Administration is set to announce a new Federal Reserve Chair this week and keep up the drum beat on opioids, but the Mueller investigation might make that difficult.

Stay tuned.

House Passes Emergency Spending

Today, the House voted overwhelmingly to provide $36.5 billion in disaster relief for victims of recent hurricanes and wildfires, as well as emergency credit to help Puerto Rico keep its government functioning. The spending bill, known as a supplemental appropriations measure, now moves to the Senate for consideration next week.