Cloakroom: A Tale of Two Priorities

House Cloakroom: March 19 – March 23

Analysis: This week marks the second anniversary of the passage of a government take over of our health care, Obamacare.  Fittingly, this anniversary will coincide with the release of Rep. Paul Ryan’s (R-WI) Fiscal 2013 Budget, which places us on a path to reducing the size and scope of government.  Watch this week for more information on the details of the plan as it is released.  The House will also vote on a repeal of the Independent Payment Advisory Board that includes a problematic federal reform of medical malpractice laws.       

Major Floor Action:

Major Committee Action: 

  • The House Budget Committee will introduce Rep. Ryan’s Fiscal 2013 Budget.
  • The House Financial Services Committee will hold a hearing on the “International Financial System Review.”
  • The House Oversight and Government Reform Committee will hold a hearing on “Department of Energy Stimulus Spending.”
  • The House Homeland Security Committee will hold a hearing on “Iran and Hezbollah Threat Assessment.”
  • The House Natural Resources Committee will hold a hearing on “Jobs and Gasoline Prices.”

Senate Cloakroom: March 19 – March 23 

Analysis: This week the Senate will take up the House passed JOBS Act, a bill meant to help small businesses acquire capital.  While the Senate is on this bill they will consider expanding a corporate subsidy through an amendment.  The United States Export-Import Bank requires congressional reauthorization to continue issuing loans at a risk to the taxpayers  and at the direction of that authorizing legislation.  The bank is similar to a Fannie Mae for exporters.  This proposed extension and expansion of government intervention in the free market comes in sharp contrast to the budget being introduced at the same time in the House.

Major Floor Action: 

  • HR 3606 – JOBS Act
    • #1833 – Cantwell Amendment (US Export-Import Bank Reauthorization)

Major Committee Action:

  • The Senate Judiciary Committee will hold a hearing on “Determining Guilt or Innocence.”
  • The Senate Armed Services Committee will hold a hearing on the “Situation inAfghanistan.”
  • The Senate Health, Education, Labor and Pensions Committee will hold a hearing on “Stay-at-Work and Back-to-Work Strategies.”
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