December 23, 2009

  • CHN: Articles from December 23, 2009

    Articles from December 23, 2009 Download the full Human Needs Report(pdf) Democrats Certain of Senate Passage of Health Reform The final Senate vote on the health reform bill, the Patient Protection and Affordable Care Act of 2009, H.R. 3590, is scheduled for Christmas Eve at 8 a.m Congress Fails to Extend the Estate Tax On Read More »

    Posted in Tax Policy | Comments Off on CHN: Articles from December 23, 2009
  • CHN: Congress Fails to Extend the Estate Tax

    On January 1, there will be no estate tax in 2010 unless Congress acts to reinstate it retroactively early in the New Year.  Allowing the tax to disappear will deepen the deficit by about $25 billion in 2010 alone. The massive tax cuts enacted in 2001 under former President Bush included gradual reductions in the Read More »

    Posted in Tax Policy | Comments Off on CHN: Congress Fails to Extend the Estate Tax
  • CHN: Climate Change Legislation in the Senate Waits Until Next Year

    After the House passed climate change legislation this summer and the Senate Environment and Public Works Committee passed its climate bill in early November, action stalled in the Senate.  In the weeks leading up to the December United Nations Climate Change Conference in Copenhagen a tri-partisan group of Senators, John Kerry (D-MA), Joe Lieberman (I-CT) Read More »

    Posted in Income Support, Labor and Employment | Comments Off on CHN: Climate Change Legislation in the Senate Waits Until Next Year
  • CHN: House Passes a Jobs Bill; But Final Enactment Awaits the New Year

    With 10 percent unemployment, there were hopes Congress could take quick action to invest in job creation before the end of 2009.  Contentiousness in the Senate over health care and pretty much everything else made it impossible for the Senate to take up jobs legislation so quickly, but the House enacted the Jobs for Main Read More »

    Posted in Labor and Employment | Comments Off on CHN: House Passes a Jobs Bill; But Final Enactment Awaits the New Year
  • CHN: Debt Limit Must Be Raised Before the New Year

    Congress has the authority to set the ceiling on the amount of debt the federal government can accrue.  The current $12.104 trillion debt ceiling will be reached before January 1.  On December 16 the House passed by a vote of 218-214 H.R.4314, To Permit Continued Financing of Government Operations, increasing the debt ceiling by $290 Read More »

    Posted in Budget and Appropriations | Comments Off on CHN: Debt Limit Must Be Raised Before the New Year
  • CHN: Omnibus Appropriations Bill Funds Major Programs; Defense Bill Carries Important Extensions

    All 12 of the individual appropriations bills which annually fund federal discretionary programs passed the House before the August recess but were tied up in procedural knots in the Senate where three of the bills passed in committee but never reached the Senate floor.  Five of the bills were enacted into law by the time Read More »

    Posted in Budget and Appropriations | Comments Off on CHN: Omnibus Appropriations Bill Funds Major Programs; Defense Bill Carries Important Extensions
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