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Legislation News & Report (TM) The Week in Congress .com (TM) "A Democracy is Only A Democracy When You Participate" December 11, 2009 Edition Volume 6 Number 36 |
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Other Bills and Resolutions This Week +++ U.S. & The World Hungary Accused of Licensing Extortion; ---- Civic Awareness Planned for Guam; ---- Report Requested on Anti-American Media-Middle East; ---- Western Hem. Drug Policy Expanded; --- --- Managing America +++ Appropriations & Authorization Bills --- Omnibus Appropriations Highlights; --- Banking & Finance ---- Financial Markets Regulated to Protect Consumers; ---- The Courts Nothing This Week ----- Education Nothing This Week ---- Energy Air Force Base Noted for Saving Energy; ---- Environment and Resources ----- Improvement of Puget Sound Seen as Necessary; --- More Funds for California Water Project; --- Stamp Authorized to Aid Fish & Wildlife Service; --- Government Agencies Funds for Relocating Spouses of Slain FBI Agents; ---- Health & Safety Progress on Obesity Disease Noted; ---- Public Funding for Diabetes Called For; --- Immigration Nothing This Week ---- Military ------ ---- --- Miscellaneous ---- Unauthorized Computer File Sharing Prohibited; --- Native American Matters Nothing This Week ---- Private Relief Nothing This Week --- Privileged Resolutions ------ Public Land California Rocks & Lighthouses Protected; ---- ---- ---- New Jersey National Park Expanded; --- Taxes --- Retro SS Payments to imprisoned blocked; ---- Transportation Nothing This Week ----- Veterans Nothing This Week ---- War on Terror Nothing This Week Bronx Grande Concourse Turns 100; ---- Civil Rights Nothing This Week --- Nothing This Week ---- The President ----- |
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Photo: Daisukec
TRANSPORTATION BILL BECOMES VEHICLE FOR OMNIBUS RIDER
TheWeekInCongress.com - December 10, 2009 - The House agreed to the conference report in a 221 to 202 vote with 28 Democrats joining 174 Republicans in opposition.
Including funds for Transportation-HUD the bill provides a total of $446 billion for Commerce, Justice, Science; Financial Services; Labor-Health-Education; Military Construction, Veterans Affairs; and State, Foreign Operations. The total amount is approximately $42 billion more than provided for those agencies in FY 2009. The bill boosts spending for law enforcement, education, veterans health, job creations, and energy and other assistance to the poor, elderly and disabled.
In more politicized areas the bill provides funds for programs aimed at reducing abortions, prohibits funding for the beleaguered civic organization ACORN, and requires a report on the status and progress of diplomatic efforts to prevent Iran from acquiring nuclear weapons.
HOUSE PASSES BILL TO PROTECT INVESTORS
TheWeekInCongress.com - December 10, 2009 - The House passed 223 to 202, HR 4137, a bill creating protections for financial investors and processes for dissolving large, failing financial institutions without taxpayer bailout funds.
Consumers would be protected by the creation of the Consumer Financial Protection Agency (CFPA), an independent federal agency solely devoted to protecting Americans from unfair and abusive financial products and services.
Protection against the cost and economic impact of large failing businesses would come from dismantling large, failing institutions in an orderly fashion and one that is financed by a Systemic Dissolution Fund (SDF) created in the bill. The resources of the SDF come from assessments on financial companies with assets greater than $50 billion and hedge funds with assets over $10 billion. The efforts will be overseen by the Consumer Financial Protection Agency.
HR 4237 bill report, amendments and votes TAX BREAK EXTENSION GET GO-AHEAD FROM HOUSE
TheWeekInCongress.com - December 9, 2009 -- The House passed HR 4213, a bill extending expiring tax breaks by a vote of 241 to 181. The bill continues tax breaks for individuals, businesses, charitable giving, Native Americans, community assistance, disaster relief, and energy.
Revenue provisions include a projected $24.7 billion from taxing investment managers carried interests as ordinary income received in exchange for the performance of services to the extent that carried interest does not reflect a reasonable return on invested capital.
The U.S. Treasury Department is given significant new tools to find and prosecute U.S. individuals that hide assets overseas from the Internal Revenue Service through foreign financial institutions, foreign trusts, and foreign corporations.
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Bills Provide aid for civic education on Guam; Seek data on Anti-American broadcasts in Middle East; Reviews Western Hemisphere drug policies; Improve Puget Sound; Aid Spouses of Slain FBI Agents. Guam Civic Awareness
The bill authorizes the Secretary to assist in implementing a program to educate Guam residents regarding their political status options. Middle East Media
The report would describe media outlets and satellite companies that engage in anti-American incitement. Drug Policy
The bill establishes the Western Hemisphere Drug Policy Commission that will review and comprehensively evaluate US illicit drug supply policy and demand reductions policies and programs.
The US spent $13.8 billion from 1980 to 2008 to assist Western Hemisphere countries to counter narcotics with limited results Puget Sound Improvements
Congress reinvigorates the Northwest Straits Marine Conservation Initiative. FBI Spouses
Under current law, the government is not authorized to pay for moving and relocation of an employee's family if the death occurs in the United States.
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