Neither the House nor the Senate will have votes today. The Senate failed to pass either of the two options put forward to avert the sequester yesterday. House and Senate leaders will be meeting with President Obama later today to discuss next steps. All of this has Washington insiders wondering: Is this what the Mayans were actually warning us about? Starting today, we will see what happens when the government cuts an amount of funding roughly one tenth the size of the stimulus bill. DC weather report: the sky fell.
Next week, the House is expected to take up legislation providing appropriations through the end of the fiscal year. The top line amount will reflect the cuts from the sequester, but is expected to provide some flexibility within national security related accounts. Meanwhile, the Senate appropriators are readying an omnibus funding bill at pre-sequester levels.
Other Items of Interest:
On March 5th, the House Energy and Commerce Committee Energy and Power Subcommittee will hold a hearing on American Energy Security and Innovation: The Role of a Diverse Electricity Generation Portfolio.
On March 5th, the House Natural Resources Committee Energy and Mineral Resources Subcommittee will hold a hearing on America’s Offshore Energy Resources: Creating Jobs, Securing America, and Lowering Prices.
On March 5th, the House T&I Committee Railroads, Pipelines and Hazardous Materials Subcommittee will hold a hearing hearing on Freight and Passenger Rail in America’s Transportation System.
On March 5th, the House Natural Resources Committee Water and Power Subcommittee will hold a hearing on H.R.254, the Bonneville Unit Clean Hydropower Facilitation Act; and H.R.678, the Bureau of Reclamation Small Conduit Hydropower Development and Rural Jobs Act.
On March 6th, the House Energy and Commerce Committee Commerce, Manufacturing, and Trade Subcommittee will hold a hearing on Our Nation of Builders: Powering U.S. Automobile Manufacturing Forward.
On March 6th, the House Science Committe Environment Subcommittee will hold a hearing on Policy-Relevant Climate Issues in Context.
On March 7th, the Senate Energy and Natural Resources Committee will hold a hearing on the nomination of Sally Jewell to serve as the next Sec. of Interior.
Committee Assignments: Financial Services and Joint Economic Committee
Chief of Staff: John Monsif
Legislative Director: Ben Turner
Experience: Rep. Delaney’s father was a union electrician and scholarships from his father’s union (IBEW Local 164), the American Legion, VFW, and the Lion’s Club, allowed him to attend Columbia University and Georgetown University Law Center. He founded two New York Stock Exchange listed companies before the age of 40, and is a past winner of the Ernst & Young Entrepreneur of the Year Award. He is the co-founder of Health Care Financial Partners, which made loans available to health-care providers too small to get financing from bigger lenders. He also co-founded commercial lender CapitalSource.
Importance: He defeated incumbent Republican Roscoe Bartlett, who was first elected to Congress in 1993, by 21 percentage points in the newly redrawn district. According to his website, Rep. Delaney is the only former CEO of a publicly traded company currently serving in the House of Representatives. In his campaign, he spent more than $1.5 million of his own money for television and radio advertisements, and he survived criticism of contributions he had made in 2010 to the congressional campaign of Maryland Republican Rep. Andy Harris His business background and comprehensive/pragmatic approach to policy has been noticed by Members of both parties. He recently drafted and sought support for expansive legislation completely revamping the financing for highways and critical infrastructure.
If you have any questions, please contact me any time. Hope you all have a good Friday and a great weekend!
Michael D. Zehr
HBW Resources, LLC
1666 K Street, NW
Washington, DC 20006