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EIW Today - April 9th, 2024

Prism Group's Daily Summary

HOUSE TO VOTE ON WORKFORCE DEVELOPMENT REAUTHORIZATION… Today, the House is expected to vote on and pass H.R. 6655, A Stronger Workforce for America Act (ASWA), which reauthorizes the Workforce Innovation and Opportunity Act (WIOA). ASWA will be considered under suspension of the rules, meaning no amendments will be considered and it must garner a 2/3 majority vote to pass; ASWA passed out of the House Education and the Workforce Committee in December on a bipartisan 44-1 vote. 


READING THE TAX BILL TEA LEAVES… In a dear colleague letter sent Friday, Senate Majority Leader Chuck Schumer alluded to his timeline for moving the House-passed tax package, possibly in the “weeks and months ahead.” Many have speculated that Schumer may ultimately opt to bring the bill to the floor for a vote, rather than let it languish in committee.  


ENGINEERS CLEARING COLLAPSED BALTIMORE BRIDGE SAY LIMITED-ACCESS CHANNEL TO PORT WILL OPEN IN 4 WEEKS... The Francis Scott Key Bridge collapsed in seconds on the morning of March 26, 2024, after being struck by the cargo ship Dali, which lost power twice after leaving Baltimore. The U.S. Army Corps of Engineers has announced a tentative timeline to produce limited access to the port in just four weeks. Hundreds of small businesses have been affected by the bridge’s collapse spurring the SBA to open an emergency center to help those businesses navigate the tragic event.   



Thirty-two state legislatures are in regular session.



In Washington state, Amazon's employment numbers dropped by 3,000, to 87,000 employees, marking its first annual decline in the state, even as the company increases its workforce in elsewhere in the U.S. This shift has led to Washington's slip to third place behind Texas for Amazon employment in the U.S., according to analysis of the company's latest employment statistics.

Delaware's economy has significantly improved under Governor John Carney (D) since facing a $400 million budget shortfall in 2017, but is now facing a mismatch of 31,000 job openings and only 21,000 job seekers. The Delaware Business Roundtable's 2024 Investment Agenda explains the challenge of a growing senior population and a corresponding labor shortage, particularly in sectors critical to the state's economic growth.



The House... convenes today at 12:00 PM ET. The full schedule may be found here. 

The Senate... convenes today at 10:00 AM ET. The full schedule may be found here. 


The House...  

Committee on Small Business will hold a hearing Wednesday, 4/10 at 10:00 AM on "Tax Day: Exploring the Adverse Effects of High Taxes and a Complex Tax Code.” 

Committee on Financial Services will hold a hearing Wednesday, 4/10 at 10:00 AM on “Beyond Scope: How the SEC’s Climate Rule Threatens American Markets."

Committee on Ways and Means will hold a hearing Thursday, 4/11 at 2:00 PM on “Expanding on the Success of the 2017 Tax Relief to Help Hardworking Americans.” 

Committee on Energy & Commerce will hold a hearing Wednesday 4/10 at 10:00 AM on “Legislative Proposals to Support Patient Access to Telehealth Services.” 


The Senate...  

Committee on Small Business & Entrepreneurship will hold a hearing Wednesday, 4/10 at 2:30 PM on “The Role of Child Care Small Businesses in Supporting Parents and the American Workforce.” 

Committee on Judiciary will hold a hearing TODAY, 4/9 at 10:00 AM on “Small Print, Big Impact: Examining the Effects of Forced Arbitration."



  • Rep. Emilia Strong Sykes (D-OH-13) introduced a bill to amend the Internal Revenue Code of 1986 to establish a new tax credit and grant program to stimulate investment and healthy nutrition options in food deserts. 

  • Rep. Brad Sherman (D-CA-32) introduced a bill to prohibit the purchase of certain securities from covered entities. 

  • Rep. Seth Magaziner (D-RI-2) introduced a bill to require employers to provide paid annual leave to employees. 


The U.S. Department of Labor 

The U.S. Department of Labor issued a statement on findings that a global electric vehicle supplier exposed employees to serious safety and health hazards. 

The U.S. Department of Labor issued a news release on the Department announcing the award of $2.9 million in grant funding to the Pennsylvania Department of Labor and Industry to help people affected by the opioid crisis. 

The U.S. Department of the Treasury 

The U.S. Department of the Treasury released remarks by Treasury Secretary Yellen at a press conference in Beijing, the People's Republic of China. 


The U.S. Department of the Treasury released a statement announcing Treasury's signing of a memorandum of understanding and cooperation in cybersecurity with the National Bank of Ukraine. 

The U.S. Department of Commerce 

The U.S. Department of Commerce announced the Biden-Harris Administration's preliminary terms with TSMC Arizona Corporation to provide $6.6 billion in direct funding under the CHIPS and Science Act. 


The U.S. Trade Representative  

The U.S. Trade Representative issued a readout of the U.S. - EU Joint Statement of the Trade and Technology Council.  


The U.S. Small Business Administration 

Check back tomorrow for possible updates. 


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