House Cloakroom: July 18 – July 22
Analysis: Next week will be a big week in the House for the fight over the debt ceiling increase. On Tuesday the House will vote on the cut, cap and balance plan that would reduce spending, enact a statutory spending cap and make an increase in the debt ceiling contingent on the passage of a balance budget amendment to the Constitution. On Friday the House will vote on that balance budget amendment. These will be major votes as the administration’s stated August 2nd deadline to raise the debt ceiling approaches. The House is also expected to consider Consumer Financial Protection Reforms, the Legislative Branch Appropriations Bill and FAA reauthorization.
Major Floor Action:
- HR 2560 – Cut, Cap and Balance Act
- HJ Res 1 – Proposing a balanced budget amendment to the Constitution of the United States
- H.R. 2553 – Airport and Airway Extension Act
- HR 1315 – Consumer Financial Protection Safety and Soundness Act
- HR 2551 – Legislative Branch Appropriations Bill
Major Committee Action:
- The House Small Business Subcommittee on Agriculture, Energy and Trade will hold a hearing on the “Impact of Energy Regulations.”
- The House Energy and Commerce Subcommittee on Health with hold a hearing on “Bioterrorism, Controlled Substances and Public Health Issues.”
- The House Agriculture Committee will hold a hearing on the “Overhaul of Derivatives Regulation.”
Senate Cloakroom: July 18 – July 22
Analysis: Next week the Senate will vote the nomination of J. Paul Oetken for a district judgeship in the Southern District of New York. The Senate will then continue consideration of the Military Construction/VA Appropriations bill.
Major Floor Action:
- HR 2055 <http://thomas.loc.gov/cgi-bin/bdquery/z?d112:h.r.02055:> – Military Construction and Veterans Affairs Appropriations Bill
Major Committee Action:
- The Senate Banking, Housing and Urban Affairs Committee will hold a hearing on “Consumer Financial Protection.”
- The Senate Energy and Natural Resources Committee will hold a hearing on the “MIT Report on Future of Natural Gas.”
- The Senate Judiciary Committee will hold a hearing on the “Repeal of Defense of Marriage Act.”
- The Senate Energy and Natural Resources Committee with hold a markup on “Oil and Gas and Outer Continental Shelf Bills.”