Category Archives: Budget

H.R.1 – Tax Cuts and Jobs Act

TheWeekInCongress.com (TM) Week ending November 17, 2017 H.R.1 – Tax Cuts and Jobs Act Brief – Impact on individuals – The bill eliminates the deduction for state and local income and sales taxes, while capping it for property taxes at $10,000; Limits the mortgage interest deduction used by homeowners to $500,000 worth of mortgage debt; […]

H.R.3739 – Presidential Allowance Modernization Act of 2017

TheWeekInCongress.com (TM) Week ending November 17, 2017 H.R.3739 – Presidential Allowance Modernization Act of 2017 Brief – Under HR 3739 each former President shall be entitled to receive from the United States an annuity at the rate of $200,000 per year; and which shall commence on the day after the date on which an individual […]

H.R.378 – Bonuses for Cost-Cutters Act of 2017

TheWeekInCongress.com (TM) Week ending October 13, 2017 H.R.378 – Bonuses for Cost-Cutters Act of 2017 Brief – HR 378 would amend title 5, United States Code, to enhance the authority under which Federal agencies may pay cash awards to employees for making cost saving disclosures, and for other purposes. The cost savings would come from […]

Monthly Budget Review for June 2017

Monthly Budget Review from the Congressional Budget Office The federal budget deficit was $520 billion for the first nine months of fiscal year 2017, the Congressional Budget Office estimates—$120 billion more than the shortfall recorded during the same span last year. Receipts and outlays alike were higher than they were last year, but outlays rose […]

HR 244 Omnibus Spending for FY 2017

TheWeekInCongress.com (TM) Week ending May 5, 2017 HR 244 Omnibus Spending for FY 2017 Brief – The bill began as aiming to provide awards from the White House to businesses that hire veterans and was tagged to be the vehicle for the Omnibus spending for fiscal year 2017. Providing $1.6 trillion to fund the government […]

H.R.1365 – Department of Homeland Security Acquisition Innovation Act

TheWeekInCongress.com (TM) Week ending March 17, 2017 H.R.1365 – Department of Homeland Security Acquisition Innovation Act Brief – Title VII of the Homeland Security Act of 2002 (6 U.S.C. 341 et seq.) is amended by adding at the end the following new section: The Under Secretary for Management may— “(1) designate an individual within the […]

H.R.1297 – Quadrennial Homeland Security Review Technical Corrections Act of 2017

TheWeekInCongress.com (TM) Week ending March 17, 2017 H.R.1297 – Quadrennial Homeland Security Review Technical Corrections Act of 2017 Brief – The bill would amend the Homeland Security Act of 2002 to make technical corrections to the requirement that the Secretary of Homeland Security submit quadrennial homeland security reviews, and for other purposes. The Secretary shall […]