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This Week in Congress This week, the Senate worked towards passage of the $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades with benefits for numerous industries and regions.  It includes about $110 billion in new spending for roads and bridges, $73 billion of power grid…

ASA Urges the Senate to Pass the Infrastructure Investment and Jobs Act (IIJA) ASA joined 100 organizations urging the Senate to pass the bipartisan infrastructure bill referred to as the Infrastructure Investment and Jobs Act (IIJA), which represents an opportunity to provide meaningful economic and quality of life enhancements to communities across the country and…

CDC Provides Updated Guidance This article is from our friends at SESCO Management Consultant, ASA’s Human Resource partner.  To learn more about this and all of the incredible benefits that are included in your ASA membership, click here. The Centers for Disease Control and Prevention (CDC) has issued updated guidance recommending that even fully-vaccinated individuals…

Deep Dive: The Infrastructure Investment and Jobs Act (IIJA) The Infrastructure Investment and Jobs Act (IIJA) would reauthorize for five years through fiscal 2026 surface transportation programs while additional funding would be authorized for energy, water, and broadband infrastructure. The legislation would extend highway, safety, transit, rail, pipeline, and research programs that are typically included…

Nonresidential Spending Slumps in June and Year-to-Date; Wages Post Record Jump in Second Quarter This article is from the Associated General Contractors of America.  You can learn more about the AGC at www.agc.org. Construction spending in June climbed 0.1% from May rate and 8.2% from June 2020 to a seasonally adjusted annual rate of $1.55 trillion,…

FY22 Budget Resolution Once the Senate votes on the infrastructure package, Majority Leader Schumer said the chamber will immediately consider FY22 budget resolution with reconciliation instructions before leaving for the August recess. Senator McConnell will be making every effort to derail the reconciliation package, which he called “a sprawling $3.5 trillion socialist shopping list and…

This Week in Congress The House voted on a package of seven fiscal 2022 spending bills this week, while the Senate wrapped up negotiations on both a bipartisan infrastructure package and a budget resolution from Democrats that will carry the rest of President Biden’s agenda. Return to the ASAToday page to read more articles.

ASA Opposes Treasury Department Proposal on Deposits and Withdrawals of Banking Accounts ASA joined over 100 organizations in opposition to a Treasury Department proposal that would require financial institutions to report to the IRS on the deposits and withdrawals of all business and personal accounts, as well as transfers between accounts of the same owner.…

ASA Podcast with the Surety & Fidelity Association of America ASA led a podcast with Dalton DeFendis, Director of Federal Affairs with The Surety & Fidelity Association of America, to discuss the importance of H.R. 1641, “The Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act,” which ensures P3 projects using Transportation Infrastructure Finance Innovation…

Biden Administration Rescinds IRAPs On Friday, July 23, 2021, the White House Office of Information and Regulatory Affairs sent the U.S. Labor Department’s proposed rule to cancel industry-recognized apprenticeship programs (IRAPs). Review by the White House’s regulatory office is traditionally the final step before rules are cleared for public release.   President Biden ordered the department…