Posts by growthzone

Click Here to Register for this Webinar Today! Upcoming Webinar: Building Engagement: Keep Your Top Talent from Becoming Someone Else’s Join us on February 7th for the upcoming webinar, “Building Engagement: Keep Your Top Talent from Becoming Someone Else’s”, presented by Lisa Ryan. Before the pandemic, today’s workplace faced a talent shortage, an aging workforce,…

This Week in Congress This week, the House returned to D.C. after a tumultuous Speaker election.  They voted on a revised rules package, along with IRS-related legislation.  The Senate returns to session on Monday, January 23, 2023. Return to the ASAToday page to read more articles.

Speaker of the House Last week’s soap opera that took place on the House floor was day and nighttime drama at its best! After five days and 15 ballots, Kevin McCarthy was finally elected as Speaker of the House at 12:37 AM on Saturday. When McCarthy fell one vote short on the 14th ballot, he…

House Rules Package The text of 55-page rules document outlines the GOP priorities and procedures for the next two years including a three-page addendum that Speaker McCarthy agreed to during last week’s negotiations with the House Freedom Caucus and others. The document lays out the most controversial concessions McCarthy made in order to become speaker…

The House Plans to Slash the FY24 Budget The deal between Speaker McCarthy and his conservative detractors lays a foundation for massive spending cuts.  The House GOP lawmakers need to agree among themselves about what’s actually on the table. If spending bills for FY24  are capped at the FY22 levels, that assumes a reduction of…

House Committee Chairs The House Republican conference chose chairs for the 118th Congress.  The Chairs include: Rep. GT Thompson (R-PA), Chair, House Agriculture Committee Rep. Roger Williams (R-TX), Chair, Small Business Committee Rep. Jason Smith (R-MO), Chair, Ways and Means Committee Rep. Mark Green (R-TN), Chair Homeland Security Committee Rep. Virginia Foxx (R-NC), Chair, Education…

Peer-to-Peer Learning at SUBExcel! You’ve asked for it, and we listened!  In addition to the top notch speakers and education sessions that have always enhanced our annual event, this year’s SUBExcel will include more opportunities for you to share ideas and insights from your fellow attendees.  We look forward to hearing what these exciting new…

Debt Limit Debate House Republicans have set goals on the debt limit. “It says that we don’t want to agree to a debt limit without some sort of a control mechanism, budget reforms, spending reforms,” Rep. Hill (R-AR) said of the agreement, declining to elaborate on any concrete requirements regarding a debt-limit vote. Rep. Roy…

IRS Funding Rescission The House voted to cut nearly $80 billion from the IRS over the next decade. The agency said that the funds were to be used to hire personnel to address tax enforcement and improve taxpayer services and technology.  The House GOP’s rationale for the proposed cut is to try and prevent 87,000…

Taxes and Regulatory Concerns on the Horizon Taxes: While, the omnibus spending bill that passed at the end of 2022 included a number of provisions (good and bad).  In particular, the bill did not address a number of expiring and expired tax provisions.  Notably among these is the deduction for research and development (R&D) investment. …