The Senate is in session today through Wednesday, before recessing for the week in advance of the Juneteenth holiday. The House is out until next Monday, June 23. Senate Floor Schedule. The Senate will vote on the nominations of Gary Andres, Assistant Secretary at HHS, and Olivia Trusty, Commissioner of the FCC, this week and […]

Following reports of a US/China trade agreement in London, we await final details from both sides. That said, the deal appears to be a limited exchange of rare earths for advanced technology/foreign student visas rather than a more fulsome breakthrough. Below, we outline our views of the emerging agreement, as well as the overall Trump […]

Congress returns from its week-long recess on Monday as focus shifts to the Senate and its expected consideration this month of its version of the One Big, Beautiful Bill Act via budget reconciliation, the process critical to moving an extension of the Tax Cuts and Jobs Act (TCJA) and other Republican policy priorities (e.g., Trump campaign tax […]

Just before 3:00 a.m. this morning, the House adopted the rule for consideration of the reconciliation bill (H.R. 1, The One Big Beautiful Bill Act), by a vote of 217-212 with Rep. Thomas Massie voting no. The House completed all general debate on the bill at approximately 6:00 a.m. and just now successfully concluded votes […]

The House Rules Committee successfully reported out shortly before 11:00 p.m., teeing up the reconciliation bill to be debated on the House floor. The vote was 8-4 with Chip Roy not voting (Ralph Norman voted yes). The rule “self-executes” the Manager’s Amendment, meaning once the rule passes on the floor, the Manager’s Amendment is also […]

House Republican Leadership has released the below summary of changes made to the Budget Committee’s legislative text of H.R. 1 by the Manager’s Amendment that was posted by the House Rules Committee this evening. In addition, here is the Comparative Print showing the differences between H.R. 1 (as reported by the Budget Committee) and the Rules Committee […]

At 8:52pm, the House Rules Committee reconvened to resume consideration of the reconciliation bill, signaling Leadership’s decision to move forward with bringing the bill to the House floor this evening. We are now truly down to the final list of House Republican holdouts on the reconciliation package. Leadership’s focus is largely on the deficit hawks […]

We will be updating the House process throughout the day as Leadership prepares for a floor vote on The One, Big, Beautiful Bill (i.e., reconciliation). The House Rules Committee has been meeting on the reconciliation package since early this morning while the Speaker continues to meet with House Republican vote holdouts. To his credit, Speaker […]

Moments ago, the House Republican Reconciliation bill (dubbed “The One, Big, Beautiful Bill”) failed to clear the House Budget Committee by a vote of 16-21. Four fiscal conservatives voted no, including Reps. Chip Roy (TX), Ralph Norman (SC), Josh Brecheen (OK), and Andrew Clyde (GA). A fifth Republican, Rep. Lloyd Smucker (PA), voted no for […]

This afternoon, the House Committee on Ways and Means released Chairman Jason Smith’s amendment in the nature of a substitute (AINS) that will serve as the legislation to be marked up in Committee tomorrow at 2:30pm. Dubbed “The One, Big, Beautiful Bill,” it augments and, in some instances, modifies the provisions Ways and Means released […]