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EIW Today - March 20th, 2024

Prism Group's Daily Summary



SENATE DEMS SEEK FLOOR TIME FOR TAX PACKAGE... Democratic senators are growing impatient with the lack of action on a major tax relief bill and are compiling a filibuster-proof majority to break the logjam, according to recent reports. With the Senate scheduled to recess for two weeks soon, both time and political momentum to move the roughly $80 billion package are quickly running out.  

 

AN OUT OF THIS WORLD WORKFORCE... Showcasing that even niche sectors are facing talent shortages, the Aerospace Corp. and the Space Foundation have partnered to expand the Space Workforce 2030 program. As the commercial space industry continues to expand, the United States’ Artemis program will establish the Lunar Gateway space station orbiting the moon that will help facilitate the construction of a permanent base and launch system on the lunar surface. Expanding STEM talent pools is necessary to not only complete this mission, but to also continue exploring a new economic frontier. 


THE STATE OF THE STATES 


SESSIONS BY THE NUMBERS: 


Thirty-four state legislatures are in regular session.

 

WHAT WE'RE WATCHING: 


A Nevada state employees' union has successfully negotiated with the state to ensure that long-serving, highly rated members are eligible for a revived longevity pay program. The union also negotiated an 11% salary increase for all state employees starting in July. 

 

New York's highest court has ruled that state and city human rights laws protect job applicants living outside New York. This landmark case expands workplace discrimination protections to nonresidents seeking employment in New York. 

 

LAWMAKERS... IN OR OUT? 


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

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


HAPPENING ON THE HILL 


The House...  

Committee on Small Business will hold a hearing  TODAY, 3/20 at 10:00 AM on "Conducting Oversight: Testimony from the Small Business Administrator.” 

Committee on Financial Services will hold a hearing TODAY, 3/20 at 10:00 AM on “SEC Overreach: Examining the Need for Reform.” 

Committee on Financial Services will hold a hearing TODAY, 3/20 at 2:00 PM on “The Characteristics and Challenges of Today’s Homebuyers.” 

Committee on Appropriations will hold a hearing tomorrow, 3/21 at 2:30 PM on "Budget and Oversight Hearing: President’s Biden’s Fiscal Year 2025 Budget Request and Economic Outlook.” 

Committee on Education and the Workforce will hold a hearing TODAY, 3/20 at 10:15 AM on “Examining the policies and pritorities of the Pension Benefit Guaranty corporation.” 

Committee on the Ways and Means will hold a hearing tomorrow, 3/21 at 2:00 PM Joint Social Security and Work & Welfare subcomittee hearing with the Commissioner of Social Security, Martin O’ Malley.  

 

The Senate...  

Committee on Small Business will hold a hearing TODAY, 3/20 at 2:30 PM on “The Oversight of the U.S. Small Business Administration and Review of the President’s Fiscal Year 2025 Budget Proposal.” 

Committee on Finance will hold a hearing tomorrow, 3/21 at 10:00 AM on “The President’s Fiscal Year 2025 Health and Human Services Budget.” 

 

BILLS OF INTEREST 


  • Check back tomorrow for possible updates.

AT THE AGENCIES 


The U.S. Department of Labor 

The US Department of Labor issued a statement from Acting Secretary Julie Su on the Volkswagen Plant In Tennessee.  


The US Department of Labor issued a news release on the Department recovering Nearly $369k In Wages, Damages For 16 Workers Denied Overtime Pay By Prominent Oahu Restaurant.  


The U.S. Department of the Treasury 

The U.S. Department of the Treasury issued a press release on Treasury International Capital Data for January. 

 

The U.S. Department of the Treasury issued a press release on the IRS Announcing New Milestone in Implementation of Key Provisions to Expand the Reach of Clean Energy Tax Credits. 


The U.S. Department of Commerce 

The U.S. Department of Commerce issued a press release stating that Secretary Raimondo Leads Successful Presidential Trade and Investment Mission to the Philippines, President’s Export Council Trip to Thailand. 

 

The U.S. Trade Representative  

Office of U.S. Trade Representative issued a press release on Joint Statement of the First Meeting of the Trade Ministers of the Americas Partnership for Economic Prosperity.  

 

The U.S. Small Business Administration 

The U.S. Small Business Administration issued a press release on SBA Administrator Guzman Announces Agency’s First-Ever Voter Registration Agreement with Michigan Department of State. 

 

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