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Today In Congress 11/28/2012

published on Wed, 11/28/2012 - 12:51pm

Senate in session
House in session

Fiscal Cliff Update: Both President Obama and Speaker Boehner are scheduled to meet separately with executives of major U.S. companies to discuss the economic implications of the fiscal cliff and possible impacts of various reforms. Companies include Goldman Sachs, Home Depot, Aetna, Honeywell and others.   

What’s Happening Today:

Floor Action

Senate
Majority Leader Harry Reid (D-NV) has said he hopes to begin consideration of S. 3254, the fiscal 2013 National Defense Authorization Act, a bill which contains numerous provisions affecting businesses outside the defense sector. The last hurdle before beginning debate is an agreement with Senate Leadership on how many amendments are to be considered.

House
Nothing relevant to Small Business. 

Hearings/Markups

Senate
No hearings or markups relevant to small business today. The Committee on Small Business and Entrepreneurship   is preparing for a Thursday hearing on S. 3442, the SUCCESS Act, to be held at 10:00 a.m. in room 428A of the Russell Senate Office Building. Cielo and John will attend. 

House
No hearings. 

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH), Sen. Joe Lieberman (I-CT)
     
  • S. 3254: National Defense Authorization Act for FY 2013 Sponsor: Sen. Carl Levin (D-MI) Cosponsors: None. 
     
  • S. 2231: Small Business Lending Enhancement Act of 2012 Sponsor: Sen. Mark Udall (D-CO) Cosponsors: There are 21 cosponsors on the bill reflecting bipartisan support as well as both independents, Sen. Joe Lieberman (I-CT) and Sen. Bernie Sanders (I-VT).  

Today In Congress 11/27/2012

published on Tue, 11/27/2012 - 11:20am

Senate in session
House in session

Fiscal Cliff Update: Negotiations between Congress and the White House will continue to move forward. The White House has announced that President Obama will be making a public case for his strategy while visiting Philadelphia suburbs on Friday. 

What’s Happening Today:

Floor Action

Senate
Convenes at 10 a.m.

A disagreement between lawmakers over a military detainee amendment is delaying S. 3254, the fiscal 2013 National Defense Authorization Act, a bill which contains numerous provisions affecting businesses outside the defense sector, including improvements to federal contracting and the Women Owned Small Business contracting program. 

House
Convenes at 2 p.m. for legislative business. Nothing relevant to Small Business. 

Hearings/Markups:

Senate
No hearings or markups relevant to small business today. The Committee on Small Business and Entrepreneurship is preparing for a Thursday hearing on S. 3442, the SUCCESS Act, to be held at 10:00 a.m.

House
No hearings. 

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH), Sen. Joe Lieberman (I-CT)
     
  • S. 3254: National Defense Authorization Act for FY 2013 Sponsor: Sen. Carl Levin (D-MI) Cosponsors: None. 
     
  • S. 2231: Small Business Lending Enhancement Act of 2012 Sponsor: Sen. Mark Udall (D-CO) Cosponsors: There are 21 cosponsors on the bill reflecting bipartisan support as well as both independents, Sen. Joe Lieberman (I-CT) and Sen. Bernie Sanders (I-VT).

 

Today In Congress 11/26/2012

published on Mon, 11/26/2012 - 12:24pm

Senate in session
House not in session

Fiscal Cliff Update: With Congress returning this week for the bulk of the lame-duck session, discussion of how to avert the “fiscal cliff” will continue to occur in closed door meetings within Congress and with the White House.  

What’s Happening Today:

Floor Action

Senate
If the Senate can finish action on a hunting bill, Majority Leader Harry Reid (D-NV) has said he hopes to move next to S. 3254, the National Defense Authorization Act for next year. The bill contains numerous provisions affecting businesses outside the defense sector.  

House
Not in session.  

Hearings/Markups:

Senate
No hearings or markups relevant to small business.  

House
No hearings.  

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH), Sen. Joe Lieberman (I-CT)
     
  • S. 3254: National Defense Authorization Act for FY 2013 Sponsor: Sen. Carl Levin (D-MI) Cosponsors: None. 
     
  • S. 2231: Small Business Lending Enhancement Act of 2012 Sponsor: Sen. Mark Udall (D-CO) Cosponsors: There are 21 cosponsors on the bill reflecting bipartisan support as well as both independents, Sen. Joe Lieberman (I-CT) and Sen. Bernie Sanders (I-VT).  

 

Today in Congress for 11/15/2012

published on Thu, 11/15/2012 - 11:37pm

Senate in session
House in session

Fiscal Cliff Update:

Yesterday, President Obama called for $1.6 trillion in new tax revenue from those making more than $250,000, while keeping current tax rates for those making less than $250,000 the same. A group of GOP lawmakers said yesterday that they oppose raising revenue in a deal to avert the fiscal cliff, unless it comes from economic growth. The President and Congressional Leaders will meet at the White House tomorrow for the first time since the elections to discuss plans to avert the Fiscal Cliff.

What’s Happening Today:
Congressional leaders will start preparing for their roles in the 113th Congress after yesterday’s elections.

Democratic Minority Leader Nancy Pelosi (D-CA) will remain in her post in the 113th Congress.. House Republicans have elected Representative Cathy McMorris Rodgers (R-WA) as the next Republican Conference Chairman. In the Senate, Kentucky’s senior Senator Mitch McConnell (R-KY) was re-elected as the Senate Minority Leader. Senator-Elect Angus King (I-ME) announced that he will caucus with Democrats, resulting in a 55-Democrat 45-Republican split in the new Senate. Both House Speaker John Boehner (R-OH) and Senate Majority Leader Harry Reid (D-NV) will remain in their posts for the next Congress.

Floor Action

Senate

The Senate will move forward with a vote today to end debate on S. 3525, the Sportsmen’s Act of 2012. The act includes provisions that allow hunters to import Canadian polar bear trophies, carry crossbows in national parks, and increase access to federal land for hunting, fishing and other activities. Majority Leader Reid is pushing to take up the FY2013 National Defense Authorization Act, S.3254, which authorizes the activities of the Department of Defense and military personnel for fiscal year 2013. That bill contains a number of important contracting reform provisions. House:

The House is preparing to set rules for debate on a bill that would normalize U.S. trade relations with Russia, H.R. 6156. Hearings/Markups: Senate

The Senate Select Intelligence Committee will hold a closed oversight hearing on the circumstances, including the intelligence and security situation, surrounding the recent terrorist attack in Benghazi, Libya, and the intelligence and security situation in other Arab Spring countries. 2:30pm

No other hearings or markups relevant to small business.

House

House Foreign Affairs Committee will hold a hearing titled "Benghazi and Beyond: What Went Wrong on September 11, 2012" to discuss the attack on the U.S. Consulate in Benghazi, Libya. 10am

No other hearings or markups relevant to small business.

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH), Sen. Joe Lieberman (I-CT)
  • S. 3254: National Defense Authorization Act for FY 2013 Sponsor: Sen. Carl Levin (D-MI) Cosponsors: None.
  • S. 2231: Small Business Lending Enhancement Act of 2012 Sponsor: Sen. Mark Udall (D-CO) Cosponsors: There are 21 cosponsors on the bill reflecting bipartisan support as well as both independents, Sen. Joe Lieberman (I-CT) and Sen. Bernie Sanders (I-VT).
  • S. 3572: Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012 Sponsor: Sen. Olympia Snowe (R-ME) Cosponsors: None.
  • H. Res. 793: Support for Small Business Saturday Sponsor: Rep. Sam Graves (R-MO)Cosponsors: There are 21 cosponsors on the bill reflecting bipartisan support.

Today In Congress 11/13/2012

published on Tue, 11/13/2012 - 10:13am

Senate in session
House in session

Fiscal Cliff Update
Talks are set to begin today on how to best avert the impending sequester and tax increases. President Obama is scheduled to meet with labor leaders at the White House today. House and Senate leaders are invited to the White House on Friday for the first conversation on the topic in the lame-duck session. 

What’s Happening Today:

Floor Action

Senate
The Senate returns to first consider a procedural motion on S. 3525, the Sportsmen’s Act of 2012. The act includes provisions that allow hunters to import Canadian polar bear trophies, carry crossbows in national parks, and increase access to federal land for hunting, fishing and other activities. If today’s motion is successful, this will likely be the only floor activity for the week.   

House
The House will consider several bills today covering various issues including an exemption for U.S. Airlines from an EU pollution treaty as well as transferring authority for some wage adjustment claims for federal contractors from the Government Accounting Office to the Labor Department. In addition, the House may consider legislation on extending liabilities for private commercial space companies.

The House will swear in three new members to finish unexpired terms: Republican Thomas Massie of Kentucky and Democrats David Curson of Michigan and Suzan DelBene of Washington state. 

Hearings/Markups:

Senate 
The Senate Foreign Relations Committee holds a closed hearing on the September 11 Attack at the U.S. Consulate in Benghazi, Libya.  

House
No hearings or markups relevant to small business.  

This week:

House and Senate Republicans as well as Senate Democrats plan to elect leadership for the 113th Congress tomorrow. House Democrats have postponed elections until Nov. 29th, awaiting the plans of current House Minority Leader, Rep. Nancy Pelosi (D-CA). 

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors:Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH), Sen. Joe Lieberman (I-CT)
     
  • S. 3254: National Defense Authorization Act for FY 2013 Sponsor: Sen. Carl Levin (D-MI) Cosponsors: None. 
     
  •  S. 2231: Small Business Lending Enhancement Act of 2012 Sponsor: Sen. Mark Udall (D-CO) Cosponsors: There are 21 cosponsors on the bill reflecting bipartisan support as well as both independents, Sen. Joe Lieberman (I-CT) and Sen. Bernie Sanders (I-VT).  
     
  • S. 3572: Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012Sponsor: Sen. Olympia Snowe (R-ME) Cosponsors: None. 
     
  • H. Res. 793: Support for Small Business Saturday Sponsor: Rep. Sam Graves (R-MO) Cosponsors: There are 17 cosponsors on the bill reflecting bipartisan support.

Today In Congress 9/21/2012

published on Fri, 09/21/2012 - 6:20pm

Senate in session
House in session

Please note: Today is expected to mark the end of the legislative session going into the November elections. Lawmakers in both chambers hope to exit today to campaign in their districts and states. They will return following the election for a “lame-duck session.” In that session they are expected to begin debate on the “fiscal cliff” which includes the expiring Bush tax cuts and the automatic cuts in funding known as sequestration. 

What’s Happening Today:

Floor Action

Senate

  • The Senate continues to negotiate a voting timeline—which could be as early as todayon the Continuing Resolution (CR), H. J. Res. 117, which provides federal government funding for the next six months. Majority Leader Sen. Harry Reid (D-NV) has not ruled out the possibility of weekend votes, despite Senate hopes to recess today until the election. The bill, already passed in the House, is essential to prevent a government shutdown on Oct. 1st. For more on the CR, please refer to the document attached sent out on Sept. 14, 2012.
  • Part of the CR negotiations is the addition of possible votes today on three issues: a bill limiting foreign aid, a resolution on Iran’s nuclear efforts, and a hunting bill that would, among other things, allow for the importation of mounted polar bears killed in Canada. 

House:

  • The House will complete work on H.R. 3409, the Coal Miner Employment and Domestic Energy Infrastructure Protection Act, which would bar the Interior Department from issuing any rule that could harm the coal industry and would block, roll back or delay dozens of other energy and environment-related rules, regulations and agency guidance. 

 

Hearings/Markups:

Senate 

  • No hearings or markups.  

House

  •  No hearings or markups relevant to small business.  

What Happened Yesterday:

Senate

  • The Senate passed another procedural motion on the CR moving it one step closer to an actual vote—which could come as early as today. The tally to move the bill forward was 67 yeas to 31 nays.  
  • Sen. Menendez (D-NJ) introduced S. 3595, which amends the IRS code to provide an exception from the passive loss rules for investments in high technology research small business pass-thru entities. It has been referred to the Senate Finance Committee. 

House

  • House Small Business Committee Chairman Graves (R-MO) introduced a resolution, H. Res. 793, supporting “Small Business Saturday” and recognizing the critical value of small businesses

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors:Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH)
  • H. J. Resolution 117: Continuing Appropriations Resolution, 2013 Sponsor: Rep. Hal Rogers (R-KY)

 

Today In Congress 9/20/2012

published on Thu, 09/20/2012 - 12:57pm

Senate in session

House in session

What’s Happening Today:

Floor Action

Senate

  •      The senate continues with debate on the Continuing Resolution (CR), H. J. Res. 117, which provides federal government funding for the next six months. The bill, already passed in the House, is essential to prevent a government shutdown on Oct. 1st, and is expected to pass. For more on the CR, please refer to the document attached sent out on Sept. 14, 2012.

House:

  •      Under a suspension of the rules, designed to limit debate, the House continues its lengthy consideration of different bills for passage—tackling many small issues before the Congress recesses for elections. Today’s bill include a resolution disapproving of work requirements for Welfare under the Obama Administration, a re-allocation of green cards for up to 55,000 students, and a national park for the Manhattan Project. Many bills will not be considered in the Senate this Congress, making many of these votes more statements rather than alteration to policy.  

Hearings/Markups:

Senate 

  •      The Senate Finance Committee along with the House Ways and Means committee hold a hearing on the treatment of capital gains for taxation purposes. 

House

  •      The House Small Business Committee holds a hearing on the impact of sequestration on small businesses. Principal Deputy Defense Undersecretary Mike McCord is scheduled to testify. 12:00 pm Rayburn 2360. Martin to attend. 
  •    The House Energy and Commerce Committee  holds a markup H.R. 1206, which would exclude commissions paid to independent insurance brokers and agents from costs used to calculate medical-loss ratio of health insurance plans. The Affordable Care Act requires insurers to spend a specified percentage of premium dollars on health expenses. This will be particularly relevant to determining which insurers can be listed on the upcoming health exchanges for individuals and small businesses. 

What Happened Yesterday:

Senate

  •      A vote to advance the Veterans Job Corps Act, S. 3457, a measure that would create job-training programs to help veterans find work as police officers and firefighters as well as working as staffers on historic preservation and national park projects, failed yesterday on a procedural vote. A block of Republican Senators, led by Sen. Jeff Sessions (R-AL), had concerns on whether the act was budget-neutral. It failed to receive the 60 required votes (58 yeas – 40 nays). 
  •     The Continuing Resolution (CR), H. J. Res 117, successfully passed its first procedural motion, beginning its path towards passage this week. Concerns raised by Sen. Rand Paul (R-KY) about foreign aid in the Middle East threatened to stall the motion. The vote passed 76 yeas to 22 nays. 
  •      Senate Democrats, led by Sen. Harry Reid (D-NV), started the necessary actions to have a possible vote on tax issues via the Family and Business Tax Cut Certainty Act, S. 3521. However, when Sen. Reid sought to pass a bill that would provide a $46 billion tax break for small businesses including S. 3521 and its tax provisions, it was blocked by Sen. Jon Kyl (R-AZ) who required an extension of expiring income tax cuts for all income levels for one year in the agreement. The action is likely a final look at the stalemate before the upcoming recess.

House

  •     The House passed several resolutions yesterday supporting veterans benefits as well as one entitled the “Buffet” Act—encouraging taxpayers to donate money to fight the deficit. House Democrats, whose own “Buffet” bill—setting a minimum tax of 30% on those make $1 million or more, were particularly unpleased. The House also passed a bill allowing astronauts to keep some space objects.

Bills to Watch:
 

  •      S. 3442: SUCCESS Act of 2012 
    Sponsor: Sen. Mary Landrieu (D-LA) 
    Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH)
     
  •    H. J. Resolution 117: Continuing Appropriations Resolution, 2013 
    Sponsor: Rep. Hal Rogers (R-KY)

 

Today In Congress 9/19/2012

published on Wed, 09/19/2012 - 11:00am

Senate in session

House in session

What’s Happening Today:

Floor Action

Senate
     The senate will hold a procedural vote on the Continuing Resolution (CR), H. J. Res. 117, which provides federal government funding for the next six months. The bill, already passed in the House, is essential to prevent a government shutdown on Oct. 1st, and is expected to pass. For more on the CR, please refer to the document attached sent out on Sept. 14, 2012.

    The Senate will continue procedural votes on  S. 3457, the Veteran's Jobs Corps Act . The bill was expected to be voted on last week, but has been stalled by Senator Jeff Sessions (R-AL). If today’s votes are successful, the bill could be voted on this evening. The measure would create job-training programs to help veterans find work as police officers and firefighters as well as working as staffers on historic preservation and national park projects. 

House:
     Under a suspension of the rules, designed to limit debate, the House will consider 27 different bills for passage—tackling many small issues before the Congress recesses for elections. The bills include several provisions supporting veterans including a new hospital in Seattle, lowered cost of disabled care, as well as a new transition to EMT jobs for qualified veterans. Many bills will not be considered in the Senate this Congress, making many of these votes more statements rather than alteration to policy.  

 

Hearings/Markups:

Senate 

  •      Senate Committee on Small Business and Entrepreneurship Chair, Sen. Mary Landrieu (D-LA), hosts a roundtable discussion this morning titled “Closing the Wealth Gap Through the African-American Entrepreneurial Ecosystem.” Several key members of the business community as well as academics will be sharing their views with members of Congress. 10:00 AM, 428A Russell Senate Building. --Martin attending.

House

  •      No scheduled hearings or markups relating to small business. 

Bills to Watch:
 

  •      S. 3442: SUCCESS Act of 2012 Sponsor: Sen. Mary Landrieu (D-LA) Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH)
  •  
  •      S. 3457: Veterans Job Corps Act of 2012 Sponsor: Sen. Bill Nelson (D-FL) Cosponsors: Sen. Ron Wyden (D-OR), Sen. Patty Murray (D-WA), Sen. Kirsten Gillibrand (D-NY)
  •  
  •    H. J. Resolution 117: Continuing Appropriations Resolution, 2013 Sponsor: Rep. Hal Rogers (R-KY)

Today In Congress 9/18/2012

published on Tue, 09/18/2012 - 8:01pm

Congress is out today in observance of Rosh Hashanah. 

What’s Happening Today:
 
Floor Action

Senate
Not in session
 
House
Not in session
 
Hearings

Senate
No scheduled hearings. 
 
House-
No scheduled hearings.

This Week in Congress:

Floor Action:

With only three working days before Congress recesses until the November elections, both chambers are actively trying to pass a few last pieces of legislation. 
 
The Senate will vote on Wednesday on two bills: the Continuing Resolution, H. J. 117, that passed last week in the House, and a veterans jobs bill, S.3457, that was delayed until this week. The former, a resolution funding the government through March 2013, is of critical importance to avoid a shutdown of the federal government at the end of September. It is expected to pass unaltered and proceed to the White House for the President’s signature.
 
The House will hold symbolic votes on several issues, none of which are expected to be considered in the Senate. They include a vote on a resolution of disapproval of the Obama administration’s policy on welfare-work requirements and a bill that would reduce regulations on the energy industry. 

Hearings/Markups:
 
The Senate Finance Committee and the House Ways and Means Committee will meet together Friday for a joint hearing on tax reform and taxation policy regarding capital gains. 
 
The House Small Business Committee holds a hearing regarding the impact of Sequestration—the mandatory cuts to federal spending scheduled to occur on January 1, 2013—on small businesses. 

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012
    Sponsor: Sen. Mary Landrieu (D-LA)
    Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH)
  • S. 3457: Veterans Job Corps Act of 2012
    Sponsor: Sen. Bill Nelson (D-FL)
    Cosponsors: Sen. Ron Wyden (D-OR), Sen. Patty Murray (D-WA), Sen. Kirsten Gillibrand (D-NY)
  • H. J. Resolution 117: Continuing Appropriations Resolution, 2013 
    Sponsor: Rep. Hal Rogers (R-KY) 

Today In Congress 9/17/2012

published on Mon, 09/17/2012 - 3:16pm

Congress is out today and tomorrow in observance of Rosh Hashanah. 

What’s Happening Today:
 
Floor Action

Senate
Not in session
 
House
Not in session
 
Hearings

Senate
No scheduled hearings. 
 
House
No scheduled hearings.

This Week in Congress:

Floor Action:

With only three working days before Congress recesses until the November elections, both chambers are actively trying to pass a few last pieces of legislation. 
 
The Senate will vote on Wednesday on two bills: the Continuing Resolution, H. J. 117, that passed last week in the House, and a veterans jobs bill, S.3457, that was delayed until this week. The former, a resolution funding the government through March 2013, is of critical importance to avoid a shutdown of the federal government at the end of September. It is expected to pass unaltered and proceed to the White House for the President’s signature.
 
The House will hold symbolic votes on several issues, none of which are expected to be considered in the Senate. They include a vote on a resolution of disapproval of the Obama administration’s policy on welfare-work requirements and a bill that would reduce regulations on the energy industry. 

Hearings/Markups:
 
The Senate Finance Committee and the House Ways and Means Committee will meet together Friday for a joint hearing on tax reform and taxation policy regarding capital gains. 
 
The House Small Business Committee holds a hearing regarding the impact of Sequestration—the mandatory cuts to federal spending scheduled to occur on January 1, 2013—on small businesses. 

Bills to Watch:

  • S. 3442: SUCCESS Act of 2012
    Sponsor: Sen. Mary Landrieu (D-LA)
    Cosponsors: Sen. Richard Blumenthal (D-CT), Sen. Ben Cardin (D-MD), Sen. Jeff Merkley (D-OR), Sen. Sheldon Whitehouse (D-RI), Sen. Barbara Boxer (D-CA), Sen. Kirsten Gillibrand (D-NY), Sen. Jeanne Shaheen (D-NH)
  • S. 3457: Veterans Job Corps Act of 2012
    Sponsor: Sen. Bill Nelson (D-FL)
    Cosponsors: Sen. Ron Wyden (D-OR), Sen. Patty Murray (D-WA), Sen. Kirsten Gillibrand (D-NY)
  • H. J. Resolution 117: Continuing Appropriations Resolution, 2013 
    Sponsor: Rep. Hal Rogers (R-KY)

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