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Building Back Better, March 23, 2021 | Brownstein Hyatt Farber Schreck


Note
: Congress recently voted on a $1.9 trillion COVID-19 stimulus package the American Rescue Plan Act (ARPA, P.L.117-2). It includes stimulus checks for individuals, expanded unemployment benefits, and funding for vaccines, state and local governments, schools and child care. The ARPA marks a huge win for the Biden administration during its first 50 days in office.
Before the ink is dry, the administration has already pivoted to the second phase of the Biden agenda: Build Back Better. While ARPA was largely a relief bill, the next phase will be about rebuilding the economy, starting with a
mult
itrillion-dollar
plan that includes infrastructure, green energy and incentives to bolster domestic manufacturing. It will also build upon the individual relief provided in the first bill and seek to make those provisions permanent and will likely be paid for by corporate tax rate increases, a repeal of oil and gas tax breaks and increases in taxes on the wealthy. ....

United States , Environmental Protection Agency , District Of Columbia , Capitol Hill , White House , Mike Doyle , Shelley Moore Capito , Adewale Adeyemo , Edward Markey , Elizabeth Warren , Shalanda Young , Bill Cassidy , Mike Rogers , Michael Bennet , Gabriel Zucman , Cedric Richmond , Jerome Powell , Heather Boushey , Janet Yellen , Pete Buttigieg , Mark Warner , Revenue Service , Administration Priorities For Transportation Infrastructure , Energy Regulatory Commission , House Appropriations Committee , Senate Budget Committee ,

Building Back Better, March 30, 2021 | Brownstein Hyatt Farber Schreck


WHAT TO WATCH THIS WEEK
Administration Proposal. President Joe Biden will travel to Pittsburgh, Pennsylvania, on March 31, where he will unveil the contours of the infrastructure package.
Biden Preliminary Budget Outline. This week, the Biden administration will release a preview of its Fiscal Year 2022 budget. The figures will allow lawmakers to begin the appropriations process and give Congress information about the president’s discretionary funding priorities. The final budget request is currently expected in May.
Congress Continues Work. Although both chambers will be out of session for the next two weeks on a district work period, lawmakers will continue discussions on the contents of the infrastructure package. ....

United States , White House , District Of Columbia , Environmental Protection Agency , Mike Doyle , Brownstein Hyatt Farber Schreck , Gina Mccarthy , Maria Korsnick , Edward Markey , Pete Buttigieg , Joe Biden , Pat Toomey , Michael Bennet , Eleanor Norton Holmes , Kimberly Clausing , Revenue Service , Ted Deutsch Energy Innovation , Brownstein Tax Policy Team , Means Committee Ranking Member Kevin Brady , American Petroleum Institute , Energy Priorities , Senate Budget Committee , Senate Environment , Senate Majority Leader Mitch Mcconnell , White House Environmental Justice Advisory Council , House Committee On Ways ,