Budget Committees Snub White House, House Budget Committee Holds Hearing
In a sharp deviation from tradition, Senate Budget Committee Chair Michael Enzi (R-WY) and House Budget Committee Chair Tom (R-GA) Price issued a joint statement on February 4 announcing they will…
House Ways and Means to Hold Hearing on FY17 Budget Proposal for Treasury
The House Committee on Ways and Means will hold a hearing on President Barack Obama’s budget proposals for the Department of Treasury for FY17 on February 11. Treasury Secretary Jacob Lew will be the…
House Financial Services Marks Up on FY17 Budget Views and Estimates
On February 2 and 3, the House Committee on Financial Services marked up its Views and Estimates on the FY17 budget, which is submitted to the House Budget Committee for consideration in preparing…
Congress Passes Housing Reform Bill with Rare Bi-Partisan Support
On February 2, the House of Representatives passed H.R. 3700, the Housing Opportunities Through Modernization Act, by a vote of 427 Yeas to 0 Nays. This overwhelming show of support is the result of…
UPDATE! House Considers Amendments to H.R. 3700 Today
Contact Your Representative to Urge Passage of H.R. 3700 and Important Amendments The House of Representatives will begin consideration of H.R. 3700, the Housing Opportunities Through Modernization…
Take Action! Support Passage of H.R. 3700 to Ensure Sensible Housing Assistance Reforms
Urge Your Representative to Support the Housing Opportunities Through Modernization Act On Tuesday, February 2, the U.S. House of Representatives is expected to consider H.R. 3700, the Housing…
CBO Report Details Increased Deficit Projections; Hearing Rescheduled
The Budget and Economic Outlook: 2016 to 2026 report from the Congressional Budget Office (CBO) was released on January 25. According to CBO, the federal deficit is projected to grow by about $8.5…
House Financial Services Will Hold Mark-up on FY17 Budget, February 2
The House Committee on Financial Services will hold a mark-up of its “Views and Estimates” on the budget for FY17 on February 2. Early each calendar year, each Committee submits a Views and…
CBPP: Low Income Programs Shortchanged
A new report from the Center on Budget and Policy Priorities (CBPP) analyzes how the Senate and House Committees on Appropriations allocated the $33 billion in funds for nondefense discretionary (NDD…
2015 Tax Breaks Increase Deficit Projections, Hearings Set
“In 2016, the federal budget deficit will increase, in relation to the size of the economy, for the first time since 2009,” the Congressional Budget Office (CBO) stated in a summary of a semi-annual…
President to Request Funding for Mobility Counseling and Choice Neighborhood Initiative Expansion
President Barack Obama did not mention housing in his State of the Union address on January 12, but Office of Management and Budget Director Shaun Donovan later provided a preview of some items that…