Legal News

Congress

From the House of Representatives to the U.S. Senate, get the latest on recent bills, laws and issues currently being debated in Congress.

Mar 2, 2011

After the Republican-led House of Representatives recently passed a measure that would prevent the government from being shut down, the Democrat-led Senate did the same, ensuring that a shutdown will not occur prior to March 18, CBS News reports.

Lawmakers now must work to reach a new agreement before that deadline, as the latest $4 billion federal spending cut does not extend beyond that point, according to the news provider.

The news source reports that the spending cuts come from a variety of sectors including highway, education and earmark funding.

Feb 21, 2011

While the Small Business Administration (SBA) says it is ready to begin a loan program authorized by Congress a few months ago, many businesses that are on the verge of losing stores or offices may not actually qualify due to restrictions, the Los Angeles Times reports.

Companies that reportedly cannot partake in the $15 billion program include those that already have real estate loans supported by the SBA as well as those that refinanced at poor rates during the financial crisis.

"This is not good for small business," Scott Hauge, president of advocacy group Small

Feb 11, 2011

Republicans in the U.S. House of Representatives are expected to seek spending cuts of $100 billion this year, which is $26 billion more than had been originally planned, according to Appropriations Committee Chairman Harold Rogers.

"Our intent is to make deep but manageable cuts in nearly every area of the government, leaving no stone unturned and allowing no agency or program to be held sacred," Rogers, a Kentucky Republican, said in a statement.

Feb 1, 2011

Republicans in the U.S. House of Representatives have unveiled proposals that would severely reduce the country's foreign aid budget as well as the budget of the State Department, reports Politico.

The proposal would cut appropriations back to 2008 levels and force the State Department and foreign aid to compete with "non-security" domestic concerns for funding, leading to a roughly 33 percent reduction in the resources available to the State Department.

Jan 21, 2011

The U.S. House Ways and Means Committee has begun holding hearings on reform of the country's tax code amidst calls to reduce the system's complexity and bring down the national debt, reports Reuters.

"It is clear that the tax code is too complex, too time-consuming and too costly," committee chairman Representative Dave Camp said during the opening of the hearing.

According to the Washington Post, Camp, a Republican, has represented the state of Michigan in Congress since 1991.