House and Senate Cloakroom: December 13-17, 2010

Dustin Carmack / December 13, 2010

House Cloakroom: December 13-17, 2010

Analysis:

The House is scheduled to be in session this week but the agenda is unclear as a waiting game ensues to see what action the Senate takes on the proposed tax relief deal framework proposed by the Obama administration. Right now there is no sealed tax deal in place and many contentious issues must be resolved if there is a chance of the bill being able to move through the House & Senate next week as both sides of the aisle have significant disagreements. Work must also be completed in the Senate with the House version of the continuing appropriations through the end of the fiscal year bill that was passed last week by the House. More than likely, an overarching omnibus measure drafted by Senate appropriators will be substituted for the text of the House passed bill. Reports are saying that the omnibus bill in the Senate will provide funding at level in line with the president’s FY 2011 request, which would total approximately $1.13 trillion as opposed to $1.09 trillion in the House-approved CR. (more…)