Today’s Daily Update


Takeway

The Senate is poised to vote on the bipartisan Budget Deal today and will continue to consider nominations.

House

Yesterday:

  • The House is in recess for the remainder of the year.

Today:

  • The House is in recess for the remainder of the year.

 

Senate

Yesterday:

  • The Senate passed the following measures:
    • Community Fire Safety Act, H.R. 3588, to amend the Safe Drinking Water Act to exempt fire hydrants from the prohibition on the use of lead pipes, fittings, fixtures, solder, and flux.
    • SAFE Act Confidentiality and Privilege Enhancement Act, S. 947, to ensure access to certain information for financial services industry regulators.
  • The Senate began consideration of the motion to proceed to consideration of Workforce Investment Act, S. 1356, to amend the Workforce Investment Act of 1998 to strengthen the United States workforce development system through innovation in, and alignment and improvement of, employment, training, and education programs in the United States, and to promote individual and national economic growth.
  • The Senate resumed consideration of the amendment of the House to the amendment of the Senate to H.J. Res. 59, making continuing appropriations for fiscal year 2014, taking action on the following motions and amendments proposed thereto:
    • Pending:
      • Reid motion to concur in the amendment of the House to the amendment of the Senate to the joint resolution.
      • Reid motion to concur in the amendment of the House to the amendment of the Senate to the joint resolution, with Reid Amendment No. 2547, to change the enactment date.
      • Reid Amendment No. 2548 (to Amendment No. 2547), of a perfecting nature.
    • During consideration of this measure today, Senate also took the following action:
      • By 67 yeas to 33 nays (Vote No. 279), three-fifths of those Senators duly chosen and sworn, having voted in the affirmative, Senate agreed to the motion to close further debate on the motion to concur in the amendment of the House to the amendment of the Senate to the joint resolution.
      • Reid motion to refer the message of the House on the joint resolution to Committee on the Budget, with instructions, Reid Amendment No. 2549, to change the enactment date, fell when cloture was invoked on the motion to concur in the amendment of the House to the amendment of the Senate to the joint resolution.
      • Reid Amendment No. 2550 (to (the instructions of the motion to refer) Amendment No. 2549), of a perfecting nature, fell when Reid Amendment No. 2549 fell.
      • Reid Amendment No. 2551 (to Amendment No. 2550), of a perfecting nature, fell when Reid Amendment No. 2550 (to (the instructions of the motion to refer) Amendment No. 2549) fell.
      • By 46 yeas to 54 nays (Vote No. 280), Senate failed to table the Reid motion to concur in the amendment of the House to the amendment of the Senate to the joint resolution, with Reid Amendment No. 2547, to change the enactment date.
      • A unanimous-consent agreement was reached providing for further consideration of the Reid motion to concur in the amendment of the House to the amendment of the Senate to the joint resolution at approximately 10 a.m. today, post-cloture; and, that all time during adjournment count post-cloture on the motion to concur.

Today:

  • The Senate will resume consideration of the motion to concur in the House message to accompany H.J.Res.59, the bipartisan budget act, post-cloture.
    • All time during adjournment will count post-cloture on the motion to concur with respect to the bipartisan budget act. Roll call vote are possible throughout the day.

 


Hearings Covered by W&J Today

 

Senate Finance
“The Role of Social Security, Defined Benefits, and Private Retirement Accounts in the Face of the Retirement Crisis”
10:00am, 215 Dirksen

SEC
“Open meeting”
10:00am, 100 F Street

Senate Special Aging
“The Future of Long-Term Care Policy: Continuing the Conversation”
2:15pm, 562 Dirksen

 

 

Notable Legislation Introduced Yesterday:

 

FINANCIAL SERVICES

S.1844 — 113th Congress (2013-2014)
A bill to restore full military retirement benefits by closing corporate tax loopholes.
Sponsor: Sen. Shaheen, Jeanne [D-NH] (Introduced 12/17/2013)
Cosponsors: 16
Latest Action: 12/17/2013 Read twice and referred to the Committee on Finance.

S.1840 — 113th Congress (2013-2014)
A bill to allow the Secretary of the Treasury to rely on State examinations for certain financial institutions, and for other purposes.
Sponsor: Sen. Kirk, Mark Steven [R-IL] (Introduced 12/17/2013)
Cosponsors: 1
Latest Action: 12/17/2013 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.1837 — 113th Congress (2013-2014)
A bill to amend the Fair Credit Reporting Act to prohibit the use of consumer credit checks against prospective and current employees for the purposes of making adverse employment decisions.
Sponsor: Sen. Warren, Elizabeth [D-MA] (Introduced 12/17/2013)
Cosponsors: 6
Latest Action: 12/17/2013 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

TAX

S.1834 — 113th Congress (2013-2014)
A bill to amend the Internal Revenue Code of 1986 to permanently extend the depreciation rules for property used predominantly within an Indian reservation.
Sponsor: Sen. Inhofe, James M. [R-OK] (Introduced 12/17/2013)
Cosponsors: 0
Latest Action: 12/17/2013 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8916)

S.1833 — 113th Congress (2013-2014)
A bill to amend the Internal Revenue Code of 1986 to eliminate the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties.
Sponsor: Sen. Inhofe, James M. [R-OK] (Introduced 12/17/2013)
Cosponsors: 0
Latest Action: 12/17/2013 Read twice and referred to the Committee on Finance.

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