Work On the Hill

House: Not in session; returning Sept. 12. | Senate: Not in session; returning Sept. 5

On July 27, House Ways and Means Subcommittee on Oversight held a hearing on the Employee Retention Tax Credit. Witnesses included: Pat Cleary, President and CEO of the National Association of Professional Employer Organizations; Linda M. Czipo, President and CEO of the New Jersey Center for Nonprofits; Larry Gray, Partner at Alfermann, Gray & Co CPAs LLC; and Roger Harris, President of Padgett Advisors.

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What’s Happening in Washington

February marked the true beginning of the 118th Congress now that all Committees are fully formed and organized. This also brought the first substantial hearings of the year which laid the groundwork of the Committee work and priorities this Congress. Lobbyit monitored all pertinent committee activities with an eye towards appropriations season.

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Month in Review

Before signing off for the year, the 117th Congress was able to come to a final agreement on an omnibus and funding for FY23. The agree­ment consists of all 12 FY 2023 appropriations bills that combined provide a total of $1.627 trillion in discretionary spending for the fiscal year. Of the total, $1,602 trillion represents base discretionary spending for the 12 spending measures, while $20.1 billion in disaster funding, $2.6 billion for wildfire suppression, and $2.3 billion in program integrity funding is subject to their own cap adjustments. (Some say the measure actually provides about $1.7 trillion after factoring in certain discretionary spending that is not scored.)

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