Today in Washington - September 12, 2018
September 12, 2018
Source: Jennifer White - Legislative Counsel
Congress returns to Washington today for a short week.
Appropriations Watch – Lawmakers are aiming to vote this week in both chambers on a final spending package covering Military Construction-VA, Energy and Water and Legislative Branch spending. The House today will consider 24 measures, starting with a bill that would authorize a new office at the Homeland Security Department aimed at deterring chemical, biological, radiological, and nuclear attacks.
Tax Reform 2.0 – The House Ways and Means Committee plans to debate, amend, and vote on the tax 2.0 package tomorrow, which the JCT estimates would cost more than $657 billion over a decade. The committee will consider all three bills in the 2.0 package: the Protecting Family and Small Business Tax Cuts Act of 2018, which would make the individual provisions in the 2017 tax law permanent; the Family Savings Act of 2018, which focuses on retirement plans; and the American Innovation Act of 2018, which is meant to spur innovation by allowing startup businesses to write off more of their costs.
- Thursday, 9/13 @ 10 AM: House Ways and Means Committee, Markup: Bills to Protect Taxpayers, 1100 Longworth.
- Thursday, 9/13 @ 11 AM: House Small Business Committee, Now Hiring: How the Opioid Epidemic Affects Small Businesses, 2360 Rayburn.
April 16, 2019
Industry News -
Under the new Farm Bill, farmers can receive up to $100,000 through multiple microloan programs that provide flexible access to credit for small, beginning, niche, and non-traditional farms.
April 10, 2019
Industry News -
CDFI Fund Releases Annual Report on Activities According to the report, CDFI program awardees reported more than $11 billion in lending and investment activity, which financed nearly 16,000 businesses in 2018.
April 2, 2019
Policy News -
SBA Administrator Linda McMahon has announced her resignation effective April 12th. In a statement issued on Friday, McMahon said she will be returning to the private sector.