REVIEW
Petitions to Secede: The White House is
reviewing petitions from citizens of Florida, Louisiana, and Texas requesting
permission to secede from the union in the wake of President Obama’s reelection,
complying with its standard practice of considering and responding to all
petitions with at least 25,000 signatures.
Bush-era Tax Cuts: President Obama
escalated pressure on congressional Republicans to consent to legislation that
would extend the Bush-era tax cuts on the first $250,000 of income, calling it
the only means of averting an across-the-board tax hike (sequestration). At a
recent news conference, the President vowed to let Bush-era tax cuts for the
wealthiest 2 percent expire, and said addressing loopholes and deductions alone
would not sufficiently close the budget deficit. Click Here to express your opinion on this issue, time
is short.
No Movement on
Cybersecurity: Sen. Harry Reid (D-NV) said, “Cybersecurity is
essentially dead for this Congress,” when senators failed to move forward on the
bill. The lack of action will make an executive order likely. (S.3414)
Immigration Policy With GOP in
Mind: Sen. Marco Rubio (R-FL) is attempting to shape
immigration into an issue Republicans can embrace without being lambasted by the
party base. He is doing it by introducing a draft measure that would move away
from discussing whether the current undocumented population should have a path
to citizenship and instead address the future flow of immigrants into the U.S.
Hold on Defense Bill: Sen. Rand Paul (R-KY)
is holding up consideration of the fiscal 2013 defense authorization bill over
an amendment he plans to offer that would require a jury trial for Americans
detained in terrorism investigations. (S.3254)
Combining Financial Commissions:
Congress is considering combining the Securities and
Exchange Commission and Commodity Futures Trading Commission, according to a
report by the House Financial Services Subcommittee on Oversight and
Investigations. The report concluded a year-long investigation into the collapse
of brokerage firm MF Global, which declared bankruptcy in October 2011.
Leadership in Chambers: Rep. John Boehner
(R-OH) will remain Speaker of the House, while, Majority Leader Eric Cantor
(R-VA) will maintain his position, along with Majority Whip Kevin McCarthy
(R-CA). Sen. Harry Reid (D-NV) remains Senate Majority Leader. Senate Majority
Whip is Dick Durbin (D-IL).
Democrats Try to Band Together on Entitlements Ahead
of Fiscal Cliff Talk: As substantial talks
on the fiscal cliff begin, Senate Democrats are seeking to stave off an apparent
division in their party by keeping under wraps their ideas on entitlement
spending. Republicans have stressed that they will insist on cuts to those
programs as part of any agreement that would include more tax
revenue.
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Senators Focus
Meningitis Hearing on New Options for FDA: Senators offered
forceful criticism of regulators’ role in the recent fungal meningitis outbreak
at a recent hearing, but both parties focused their questions on finding a
solution to ensure events would not repeat themselves.
BP
Agrees to $4.5 Billion Settlement of Spill Charges: Gulf Coast
environmental efforts that have been the top priority of the region’s
congressional delegation got a huge boost recently when BP agreed to pay $2.4
billion for restoration and conservation programs as part of a record $4.5
billion criminal settlement.
PREVIEW
Senate Earmarks: The House rules
committee is expected to consider an amendment that would allow earmarks that
would benefit federal, state or local governments, rather that personal
projects.
Improving the Voting
Process: The Senate is expected to consider legislation that
would create a grant program to provide states with incentives to improve their
voting processes after what was characterized as widespread and systemic
balloting problems on Election Day.
The
Week Ahead:
Please go to www.nwyc.com
for the latest in congressional actions.
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