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ASA Supports Tax Relief for American Families and Workers Act
ASA Supports Tax Relief for American Families and Workers Act On January 31st, the House passed H.R. 7024, the “Tax Relief for American Families and Workers Act,” by a vote of 357-70, with 47 Republicans and 23 Democrats voting against it. The House passed the package with wide bipartisan support after months-long negotiations between House…
Read MoreFall Attorneys Council Meeting
Fall Attorneys Council Meeting Are you an attorney interested in learning and networking with construction lawyers from across the country? JOIN US this October for our Fall Attorneys’ Council meeting. Click here to learn more! Return to the ASAToday page to read more articles.
Read MoreSenate Passes the Water Resources Development Act (WRDA)
Senate Passes the Water Resources Development Act (WRDA) Last week, the Senate passed the Thomas R. Carper Water Resources Development Act of 2024 (S. 4367) by unanimous consent. The legislation authorizes new levee, harbor, and ecosystem restoration projects and set policy at the Army Corps of Engineers. The bill, named for the retiring committee chairman,…
Read MoreStatus Update on the FY25 NDAA (Defense Act)
Status Update on the FY25 NDAA (Defense Act) The Senate delayed work on its version of the defense authorization bill until at least September. Republicans and Democrats blamed each other for the impasse, which spells an uncertain future for the must-pass defense policy bill. Several GOP senators took to the floor to attack Majority Leader…
Read MoreFY25 Appropriations Bills “You Can’t Always Get What You Want”
FY25 Appropriations Bills “You Can’t Always Get What You Want” “You can’t always get what you want,” and in this case, you cannot even get what you need. It’s August and we find ourselves in the same place as in past years, slowly rolling towards another continuing resolution (CR), putting departments and agencies in slow-down…
Read MoreUpdate: Jobs and Interest Rates
Update: Jobs and Interest Rates The U.S. added 114,000 jobs in July and the unemployment rate rose to 4.3 percent, per data released by the Labor Department. Economists expected the U.S. to add 175,000 jobs and keep the jobless rate steady at 4.1 percent, per consensus estimates. The Federal Reserve is leaving interest rates unchanged.…
Read MoreThis Week in Congress
This Week in Congress This week, the House is in recess until September 9th and the Senate voted on online-child-safety-bills. On Tuesday, the Senate Judiciary and Homeland Security Committees held a joint hearing regarding the attempted assassination of former President Trump and on Wednesday, the Energy and Natural Resources Committee considered the Energy Permitting Reform…
Read MoreThe FY25 NDAA and Delaying the Corporate Transparency Act (CTA)
The FY25 NDAA and Delaying the Corporate Transparency Act (CTA) Sens. Scott (R-SC) and Lankford (R-OK) offered amendments to the FY25 National Defense Authorization Act (NDAA) to delay the Corporate Transparency Act (CTA)’s filing deadline by one year. Remaining consistent with our message to delay the implementation of the CTA, ASA joined 130 organizations in…
Read MoreThe Economy and National Debt
The Economy and National Debt U.S. Gross Domestic Product (GDP) grew at a 2.8% annualized rate over three months ending in September. That figure doubled the annualized rate of growth undertaken over the previous quarter. Per the U.S. Bureau of Economic Analysis, “the economic expansion reflected a surge in consumer spending and the uptick in…
Read MoreThis Week in Congress
This Week in Congress This week, Congress returned for a two-week sprint before the August recess. The House voted on a series of Fiscal Year 2025 spending bills, including Energy and Water Development and Related Agencies; Interior, Environment, and Related Agencies; Financial Services and General Government; and Agriculture, Rural Development, Food and Drug Administration, and…
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