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House and Senate Cloakroom: June 7-11, 2010

Posted By Dan Ziegler On June 5, 2010 @ 10:00 am In Ongoing Priorities | Comments Disabled

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House Cloakroom: June 7 – 11

Analysis:

The House returns from its Congressional recess on Tuesday and will be going over to the White House for the annual Congressional picnic.  The rest of the week is pretty light with mostly suspensions bills on the House floor.  The main bill for the week is a Federal Housing Authority authorization bill.  Additionally, the House could possibly consider Rep. Barney Frank’s (D-MA) TARP III bill which would create a $30 billion lending program that would duplicate efforts made by the $700 billion original TARP bill.

Major Floor Action:

  • H.R. 5072 [2] – FHA Reform Act of 2010
  • H.R. 5297 [3] – Small Business Lending Fund Act of 2010 (aka TARP III)

Major Committee Action:

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Senate Cloakroom: June 7 – 11

Analysis:

Upon returning from a sleepy Memorial Day recess, the Senate will begin consideration of the $113 billion extenders package passed by the House.  In an attempt to sooth public concern over unemployment, many liberals are referring to the extension of unemployment insurance and taxes subsidies as a “jobs bill.”  Flashy messaging aside, the bill will do nothing to create jobs even though it will add more than $54 billion to our national debt while raising taxes.  This will be the debate that plays out during the summer – unemployment and debt.

Major Floor Action:

Major Committee Action:


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URL to article: http://blog.heritage.org/2010/06/05/house-and-senate-cloakroom-june-7-11-2010/

URLs in this post:

[1] Image: http://www.foundry.org/wp-content/uploads/House_of_Representatives-Seal.png

[2] H.R. 5072: http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h5072rh.txt.pdf

[3] H.R. 5297: http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h5297ih.txt.pdf

[4] House Energy and Commerce Committee: http://energycommerce.house.gov/

[5] House Science and Technology Committee: http://science.house.gov/

[6] House Ways and Means: http://waysandmeans.house.gov/

[7] Image: http://www.foundry.org/wp-content/uploads/Senate-seal.png

[8] American Jobs and Closing Tax Loopholes Act of 2010: http://www.foundry.org/2010/05/27/tax-extenders-bill-still-contains-irresponsible-spending-increases-and-dangerous-tax-hikes/

[9] H.R.4213: http://www.cbo.gov/ftpdocs/115xx/doc11542/hr4213Divisions.pdf

[10] Environment and Public Works Committee: http://epw.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_id=fdf49728-802a-23ad-40c6-42b02815d1e5

[11] Big Oil Bailout Prevention Liability Act: http://www.heritage.org/Multimedia/Video/2010/05/Lieberman-MSNBC-5-4-10

[12] Health, Education, Labor and Pensions subcommittee: http://help.senate.gov/hearings/hearing/?id=8cd90bdf-5056-9502-5df1-0414c6667854

[13] American children: http://www.foundry.org/?p=30101

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