Monthly Archives: May 2008

  • CHN: Improvements in Low-Income Tax Credits in House Bill

    On May 21 the House passed legislation including improvements for low-income families in the Child Tax Credit and the Earned Income Tax Credit.  These important changes were part of the Renewable Energy and Job Creation Act (H.R. 6049), which extends dozens of temporary tax cuts that expired December of 2007 or will expire December 2008.  Read More »

    Posted in Tax Policy | Comments Off on CHN: Improvements in Low-Income Tax Credits in House Bill
  • CHN: Domestic Priorities Make it into Supplemental Bill

    A supplemental appropriations bill that includes funding for both the wars in Iraq and Afghanistan and a set of domestic priorities is winding its way through Congress.  On May 15 the House considered three amendments as components to the bill.  First it passed a package of domestic priorities that includes extending unemployment insurance (UI), expanding Read More »

    Posted in Economy | Comments Off on CHN: Domestic Priorities Make it into Supplemental Bill
  • CHN: Senate Committee Passes Mortgage Bill That Differs with the House

    By an overwhelming vote of 19 to 2 on May 20, the Senate Banking Committee approved The Federal Housing Finance Regulatory Reform Act of 2008.  The bill contains three main provisions.  It establishes a new program to help homeowners at risk of foreclosure, creates a new fund to help create more affordable housing, and tightens Read More »

    Posted in Housing and Homelessness | Comments Off on CHN: Senate Committee Passes Mortgage Bill That Differs with the House
  • CHN: Farm Bill Becomes Law With a Glitch

    By veto-proof votes of 318-106 in the House on May 14 and 81-15 in the Senate on May 15, the Farm bill reauthorization, (the Farm, Nutrition, and Bioenergy Act of 2007, H.R. 2419) passed both chambers. The bill makes important improvements that will raise food stamp benefits, increase funding for emergency food, and fund fruit Read More »

    Posted in Food and Nutrition, SNAP | Comments Off on CHN: Farm Bill Becomes Law With a Glitch
  • CHN: House-Senate Negotiators Agree on a Budget Deal; Last Minute Snag Delays Enactment (5/23/08)

    broken link Read More »

    Posted in Budget and Appropriations | Comments Off on CHN: House-Senate Negotiators Agree on a Budget Deal; Last Minute Snag Delays Enactment (5/23/08)
  • CHN: Unemployment Insurance, Medicaid, and Veterans’ Benefits Tangled in Funding Disputes

    Efforts to bring a modest set of domestic priorities to a vote in the House were stalled last week as Blue Dog Democrats raised objections to funding veterans’ education benefits without finding other program reductions or revenue increases to cover the cost.  The Blue Dogs are a group of fiscally conservative Democrats who prefer not Read More »

    Posted in Economy | Comments Off on CHN: Unemployment Insurance, Medicaid, and Veterans’ Benefits Tangled in Funding Disputes
  • CHN: House Moves Foreclosure Bills While Senate Drags Its Feet

    On May 8, the House passed two bills in response to the mortgage crisis. The first, The American Housing Rescue and Foreclosure Act (H.R. 3221) takes a broad approach to the foreclosure crisis. Bills already passed by the House or vetted in the House Financial Services and Ways and Means Committees with bipartisan support were Read More »

    Posted in Housing and Homelessness | Comments Off on CHN: House Moves Foreclosure Bills While Senate Drags Its Feet
  • CHN: Vote on Passage of the Farm Bill Expected This Week

    After contentious negotiations and multiple temporary extensions of current law, Congress is finally poised to vote on the Farm bill reauthorization, (the Farm, Nutrition, and Bioenergy Act of 2007, H.R. 2419).  Anti-hunger advocates were successful in making important improvements that will raise food stamp benefits, increase funding for emergency food, and fund fruit and vegetable Read More »

    Posted in Food and Nutrition, SNAP | Comments Off on CHN: Vote on Passage of the Farm Bill Expected This Week
  • CHN: The Budget is Back on Track

    After weeks of being at a standstill, budget conferees will likely be appointed this week and a final budget could be on the floor of the House and Senate next week. Both Chambers passed their own budget resolutions back in March.  However, a final conference agreement seemed unlikely until recently. One of the major issues Read More »

    Posted in Budget and Appropriations | Comments Off on CHN: The Budget is Back on Track
  • Click here to visit the HNR Archives